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ONTILITY Announces The ONGrant™ Coverage Finance Program

HOUSTON, TEXAS (October 12, 2009) - ONTILITY is pleased to announce the launch of its ONGrant™ Coverage Program, a subsidiary of the ONFinance™ division. Under the new ONTILITY program, ONTILITY will carry the federal rebate for qualifying installations until the U.S. Treasury Department pays the rebate amount. All ONTILITY Certified Partners are eligible to enroll and participate in the ONGrant™ program. The main benefit to our partners is the reduction in cash outlay required for eligible installations by up to thirty percent, increasing your value to your customers immediately and enabling you to sign on more installations more quickly.

“The ONTILITY team strives to provide the best end-to-end platform for its dealers/installer, commercial and utility scale customers and thereby for the entire ONTILITY EcoCommunity™. We believe the ONTILITY ONGrant™ Coverage Finance Program will fuel projects from 50kW to 400kW. We see those projects becoming more and more economically viable with the recent price drop in solar panels and the newly added Federal rebate program that reduces project cost by thirty percent.” as underscored by Thomas Pash, CEO of ONTILITY.

As part of the ONTILITY ONGrant™ Coverage program, ONTILITY, a new leader in the renewable, efficient and sustainable markets, will also carry local rebates and assume utility rebates, where applicable.

The ONTILITY ONGrant™ Coverage Finance is an interest-free program for ONTILITY's Certified Partners and for dealers/installer, commercial and utility scale customers, i.e., the entire ONTILITY EcoCommunity™. “This Powered by ONTILITY™ ONFinance™ Program is available now and through a simple and quick process,” added Mr. Pash. To learn more and submit an application to the program, please call ONTILITY (1-877-558-7479) or interact with us at ontility.com.

About ONTILITY


ONTILITY is committed to the solar market and solar industry development. Learn Solar through our professional training. Buy Solar from our stocking warehouse of superior products at competitive prices. Accelerate Your Solar Business with our full range of partner support services including engineering and design consulting, due diligence and financial support, custom training and educational consulting. ONTILITY brings you best-in-class solar training, energy efficiency training, solar products distribution and support for solar installers, dealers and integrators.


More Information, including a current course schedule is available at: 877.558.7479 or www.ontility.com.

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