Mosaic and Enphase Packaging Solar Loans With Maintenance Deals
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Mosaic Inc., the operator of a peer-to-peer online financing platform for solar panels, is working with Enphase Energy Inc. to package its loans with a maintenance agreement.
Homeowners are more likely to buy a solar system than lease one if they’re not worried about maintenance, Billy Parish, founder and president of Oakland, California-based Mosaic, said yesterday. Plus, they get to keep the asset.