SUNation Energy Enters Strategic Financing Agreement With Palmetto to Support Residential Solar Growth in 2026

Core Insights - SUNation Energy Inc. has entered into a strategic financing agreement with Palmetto to support residential solar projects in 2026 [1][2][3] Group 1: Partnership Details - The agreement includes Palmetto's LightReach plan, which offers lease and power purchase agreement (PPA) options to enhance customer access to residential solar installations [2] - This partnership aims to improve project economics and cash flow efficiency for SUNation, facilitating broader adoption of clean energy solutions by homeowners through predictable monthly payments [2][3] Group 2: Company Statements - Scott Maskin, CEO of SUNation, emphasized that this agreement strengthens the company's residential financing platform as it transitions into the post-investment tax credit landscape in 2026 [3] - The collaboration is expected to accelerate project execution and customer adoption, positioning SUNation for continued growth and operational flexibility [3] Group 3: Company Overview - SUNation Energy Inc. is a leading provider of sustainable solar energy and backup power solutions, focusing on residential, commercial, and municipal customers [4] - The company designs, installs, finances, and services solar energy systems, helping customers reduce energy costs and transition to cleaner energy solutions [4] Group 4: About Palmetto - Palmetto is a consumer energy platform that aims to simplify the clean energy transition for American families, connecting homeowners with vetted clean energy partners and flexible financing solutions [5] - The company's mission includes enabling households to reduce utility costs and achieve energy independence while supporting renewable energy access for underserved communities [5]