Panasonic, Service Finance Co. Unveil PowerOn Vitality Storage Financing Program
Panasonic and Service Finance Co. have unveiled PowerOn, a new home energy storage financing program available exclusively to Panasonic EverVolt certified installers, which enables homeowners to finance 100% of a complete energy storage system including Panasonic EverVolt battery storage and solar panels .
The PowerOn program provides affordable payments for homeowners and fast payment for installers. Homeowners can take advantage of federal tax credits and local incentives to cut their payments and repay loans faster through refinancing. All advertising credits offered under the PowerOn program include competitive financing terms.
“There has never been so much interest in energy storage systems,” said Mukesh Sethi, director of solar and energy storage at Panasonic Life Solutions Company of America. “One of the key missing ingredients was nationwide funding for energy storage that is easily accessible and affordable for homeowners. With PowerOn, any Panasonic EverVolt certified installer can increase sales by selling turnkey energy storage systems with a low monthly payment. “
The PowerOn program provides registered Panasonic EverVolt certified installers with several flexible, low-cost financing options that they can offer homeowners, including:
-Transparent pricing – no hidden fees
-No interest / no payment options, up to 18 months
– Short and long term, low payment options
-Combination of solar / energy storage financing
-Competitive annual percentages
Service Finance Co. has an easy-to-use dealer portal, online application and mobile app that offer fast customer approvals with four clicks and high approval rates.
The PowerOn platform training will now start. Webinars will be held to provide more detailed information on how to access and apply for PowerOn and how installers can use the funding to increase sales of Panasonic branded solar panels and EverVolt energy storage systems.
To learn more about Panasonic solar technology, click here.
Photo: Landing page of Service Finance Co.