Today, Sunlight Financial Holdings Inc. ("Sunlight Financial"), a technology-enabled point-of-sale finance company advancing the clean energy transition, announced its new status as a Visionary Member of the Residential Solar Association (RSA). Joining the RSA underscores Sunlight Financial’s commitment to fostering sustainable and ethical practices within the residential solar industry.
"By aligning with RSA, we are poised to drive significant advancements in solar adoption through advocacy, education, and consumer protection,” said Timothy Parsons, CEO of Sunlight Financial. "We share RSA’s vision of creating and supporting a sustainable and consumer-focused industry. As part of our commitment, we are excited to contribute to the solar technology, sales, installation, and environmental policy committees. We believe this partnership will enhance our ability to provide comprehensive solar financing solutions that benefit homeowners and solar installers alike."
Commitment to Compliance and Regulatory Standards
Sunlight Financial remains deeply committed to upholding the highest standards of compliance and regulatory practices. This dedication ensures the integrity and reliability of its financial solutions, while enhancing the solar industry’s overall growth and sustainability. By rigorously adhering to industry regulations and proactively engaging with policy developments, Sunlight Financial contributes to a robust framework that supports long-term success and trust in residential solar.
Sustainability and Environmental Impact
With over $10 billion in funded loans, Sunlight Financial has facilitated the installation of more than 250,000 residential solar systems nationwide. It has been estimated that these systems collectively have prevented the emission of over 30 million metric tons of CO2 and produced more than 50 billion kWh of clean energy, significantly contributing to the reduction of fossil fuel-based energy.
"We welcome Sunlight Financial to our community,” said Mark Bench, an RSA board member. “Their expertise in solar financing and shared commitment to industry excellence will significantly contribute to our collective efforts. Together, we will continue to empower industry professionals and consumers, ensuring a sustainable future.”
About Sunlight Financial
Sunlight Financial is a leading technology-enabled point-of-sale finance company that partners with contractors nationwide to offer homeowners financing for the installation of residential solar systems and other home improvements. Leveraging best-in-class technology and deep credit expertise, Sunlight Financial simplifies and streamlines consumer finance, ensuring a fast and frictionless process for contractors and homeowners. For more information, visit www.sunlightfinancial.com.
About Residential Solar Association (RSA)
Residential Solar Association (RSA) is a Nonprofit organization composed of business owners, leaders, and advocates from all sectors of the residential solar industry. We are committed to driving the solar industry toward sustainable growth through 1) policy advocacy regarding net metering, consumer protection, and industry standards, 2) education of solar industry professionals and policymakers, and 3) industry collaboration. Rooted in core values of integrity, accountability, transparency, sustainability, and collaboration – our mission revolves around advocating for responsible, ethical practices while empowering our members through open dialogue and continuous learning. As stewards of this transformative industry, we aim to leave a lasting legacy of clean, affordable, and accessible solar energy for future generations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240731569495/en/
Contacts
Rich Recchio
rich.recchio@sunlightfinancial.com
RJ Bruce
rj@reputationpartners.com
