ONTILITY Launches Solar and Energy Efficiency Finance, Lease and PPA Solutions and Products
HOUSTON, TEXAS (April 1, 2010) - ONTILITY has launched ONFinance™, an industry-leading consumer and commercial financial services program and platform to its ONTILITY Certified Partner™ Program network. ONFinance™ will allow ONTILITY to offer residential consumer and commercial end-consumer financial solutions and products thru its Certified Partner and Dealer/Installer network. ONTILITY will offer the ONFinance™ program to Partners and end-consumers within the contiguous United States.
As part of the ONFinance™ Program, ONTILITY will offer the following financial solutions and products:
- ONFinance™ - Residential Consumer Financial Solutions and Products:
- Residential Solar and Energy Efficiency Project and Product Finance (Secured)
- Home Equity Loans (HEL)
- Mortgage Refinancing
- Residential Solar and Energy Efficiency Project and Product Finance (Unsecured)
- Personal Line of Credit
- Personal Loan
- Residential Solar and Energy Efficiency Project and Product Leasing
- ONFinance™ - Commercial Financial Solutions and Products:
- Commercial Solar and Energy Efficiency Large Project and Product Finance
- Multiple Credit Level (A,B,C) Capability
- Commercial Solar and Energy Efficiency Large Project and Product Operating and Capital Leasing
- Credit Approval Above Requested Amount
- Coterminous Lease and Add-on Capability
- Deferred Payment Options
- Pre-Payment Options
- Quarterly, Annual, Semi-Annual Payments
- Vendor Participation Buy Down Programs
- Commercial Solar Project Power Purchase Agreements (PPA’s)
“We are excited to offer our ONFinance ™ program to our growing ONTILITY Certified Partner™ and Dealer/Installer Networks. Having the ability to build custom tailored financial solutions for solar and energy efficiency consumers, in partnership with our Certified Partners and Dealers/Installers, will help us close the last “green mile” between our partners and green consumers and businesses. Our new programs will allow almost all consumer and businesses to enjoy solar and energy efficiency projects while giving them the flexibility to pay monthly and in some cases, quarterly and semi-annually. We also believe that this financial solution offering and program, added to our existing, world-class training, distribution, partnership, and consulting services, will put ONTILITY on top of the new green economy.” said Thomas Pash, CEO of ONTILITY.
ONFinance™ Program - Simple Four Step Process
- Step One - ONTILITY and ONTILITY Certified Partner™ and or Dealer/Installer work together to design, quote, analyze, and propose solar and/or energy efficiency project to end-consumer (Individual, Business or Other Entity)
- Step Two - End-Consumer Approves Project and Works with ONTILITY and ONTILITY Certified Partner™ and or Dealer/Installer to submit appropriate applications and paperwork
- Step Three - ONTILITY’s ONFinance™ , and in some cases the ONTILITY ONGrant™ and ONRebate™, team work with the end-consumer to discuss and design financial program, possible rebate and grant project net cost offsets, process appropriate applications and secure funding
- Step Four - End-Consumer is approved, final documents are signed and the project is scheduled to start
For additional information on the new ONFinance™ program or to become an ONTILITY Certified Partner or Dealer/Installer, please contact: Zach Embry - 281-854-1410 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it .
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.
- Solar Products – Over 120 Manufacturers / Maintains over 20M in Monthly Inventory
- Solar Training – NABCEP and IREC Training Courses and Certification Programs
- Financial Support – Financial Solutions for Your Business and Customers
- Design Support – End-to-End Design and Engineering Support Services
- Consulting Support – NABCEP Certified Installation Consultants to Support Your Projects
- Rebate Support – Rebate Assistance and Coverage Solutions
- Logistics Support – Remote, Field, Project Site and Rooftop Delivery Solutions
More Information, including a current course schedule is available at: 877.558.7479 or www.ontility.com.
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Media contacts:
ONTILITY
Jeremy Webb
Marketing and Web Strategy
Tel: 281.854.1400
Email:
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Website: www.ONTILITY.com




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