SolSource prepaid TPO offering available in six states and growing

TL;DR

SolSource Solutions has expanded its Propel prepaid third-party ownership (TPO) solar financing product to six states, including Pennsylvania and Colorado. The product offers homeowners predictable fixed payments and access to federal tax credits. The expansion aims to reach more households and scale the platform further in 2026.

SolSource Solutions has expanded its Propel prepaid third-party ownership (TPO) solar financing product to six states, including Pennsylvania and Colorado, marking a significant growth milestone. The product, already active in Arizona, Texas, Maine, and California, offers homeowners fixed payments and access to federal tax credits, providing a transparent alternative to traditional solar financing. This expansion is part of SolSource’s broader plan to increase access to honest, predictable solar financing options across the U.S.

Propel replaces payment escalators and hidden fees with a fixed, predictable payment structure. It allows homeowners to prepay a long-term energy agreement financed through TriBeam Financial, with the option to purchase the system after five years. The product also enables homeowners to benefit from federal tax credits through its structure, making solar more affordable.

Since its launch in February 2026, Propel has seen positive response, prompting the company to expand into Pennsylvania and Colorado. Currently, over 180 independent installers offer Propel across the active markets, with SolSource continuing to onboard new installers as the platform scales. The hardware is exclusively provided by Enphase Energy, including microinverters and batteries, with financing handled through the Concert Finance Program.

Impact of Propel’s Statewide Expansion in 2026

The expansion of Propel to six states signifies a notable shift toward more transparent and predictable solar financing options for homeowners. By offering fixed payments and access to federal tax credits, SolSource aims to make solar adoption more accessible and financially manageable, potentially increasing market penetration. This approach could influence industry standards by emphasizing honesty and simplicity in solar financing, benefiting consumers and installers alike.

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Background and Growth of SolSource’s Propel Program

Launched in February 2026, Propel is a prepaid TPO product designed to address common consumer concerns about variable payments and hidden fees in solar financing. The product has quickly gained traction, with over 180 installers participating across four states. Its expansion into Pennsylvania and Colorado reflects a strategic effort to scale the platform and reach more households. The product’s hardware is supplied exclusively by Enphase Energy, with financing through TriBeam Financial, positioning it as a streamlined, transparent alternative in the residential solar market.

“The response to Propel since launch tells us that homeowners are hungry for financing that is simple and honest.”

— an anonymous company spokesperson

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Unconfirmed Details About Future Expansion Plans

While SolSource has announced plans to continue expanding Propel throughout 2026, specific timelines and additional state targets have not yet been disclosed. It remains unclear how quickly the company will scale into new markets or whether there will be changes to the product or hardware partnerships.

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Next Steps for Propel and Market Growth

SolSource is expected to continue onboarding new installers and expanding into additional states throughout 2026. The company may also introduce updates to the Propel product based on market feedback. Industry observers will be watching to see how the product’s adoption influences broader solar financing trends and consumer preferences.

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Key Questions

What is the Propel prepaid TPO product?

Propel is a prepaid third-party ownership (TPO) solar financing product from SolSource that offers homeowners fixed payments, access to federal tax credits, and the option to purchase the system after five years.

Which states is Propel available in now?

Propel is currently available in Arizona, Texas, Maine, California, Pennsylvania, and Colorado.

How does Propel differ from traditional solar financing?

Propel replaces payment escalators and hidden fees with a fixed, predictable payment structure, providing transparency and simplicity for homeowners.

What is the company’s plan for future expansion?

SolSource plans to continue expanding Propel into additional states throughout 2026, with further market growth expected as the platform scales.

Who supplies the hardware for Propel installations?

Enphase Energy is the exclusive provider of microinverters and batteries for Propel installations.

Source: Solar Power World


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