Leading Retail Electric Provider Adds Solar Financing to Traditional Energy Offerings
San Francisco —[May 12, 2014]— Homeowners who buy energy from North American Power can now opt for clean, affordable solar electricity, thanks to a new partnership between North American Solar, an affiliate of North American Power, and Clean Power Finance® (CPF). North American Solar will sell residential solar financing to homeowners through the CPF Market®.
“CPF is excited to partner with one of the fastest-growing and most innovative retail energy providers in the U.S.,” said Clean Power Finance CEO Nat Kreamer. “North American Solar knows how to sell energy to homeowners. North American Power has distinguished itself in retail energy with high-volume, cost-effective customer acquisition practices it can quickly transfer to residential solar.”
North American Power is one of the top fifteen retail electricity providers in the nation and serves more than 320,000 electricity and natural gas customers nationwide. The North American Solar partnership with CPF differentiates the retail provider in a competitive market and supports the company’s mission to bring affordable and clean electricity to its customers.
“As a leading platform for solar capital and services, CPF is a natural partner for us,” said Kerry Breitbart, chairman of North American Power. “We give consumers the products and tools to make a real financial impact on their lives. Selling solar is a natural extension of our mission to bring superior, environmentally sound electric services to our customer base.”
About Clean Power Finance
Clean Power Finance (CPF) is a financial services and software provider for the residential solar industry. CPF connects solar professionals with institutional investors through the CPF Market, the online platform that allows electric power companies, corporations and banks to invest in residential solar. CPF also provides the solar industry with CPF Tools®, a leading solar sales SaaS application. Solar professionals use the CPF Market to access a variety of third-party owned finance products. Investors and lenders use it to invest in solar assets that provide reliable rates of return with managed risk. Founded in 2006, CPF has raised more than a billion dollars of project financing from third-party solar investors that include major corporations, electric power companies and financial institutions.To learn more about CPF, please visit www.cleanpowerfinance.com.
About North American Power
Founded in 2009 by energy veterans Kerry Breitbart and Carey Turnbull, North American Power is one of the nation’s fastest-growing energy suppliers, earning a spot on the Forbes list of America’s Most Promising Companies. Guided by a commitment to community and sustainability, North American Power is giving Americans the ability to choose sustainable energy at competitive rates with the flip of a switch, plus the opportunity to give back to charity and earn money by referring friends and family. North American Power currently serves over 320,000 electricity and natural gas customers nationwide. For more information, visit www.napower.com.
About North American Solar
North American Solar LLC, an affiliate company of North American Power & Gas LLC, provides smart energy solutions directly to homeowners, including solar power services. For more information, please contact Chris Sattler, President of North American Solar, at email@example.com.