Available first to installers in select states including Arizona, California and New Jersey, CentroLease is a leasing program designed to support the installation of Centrosolar's proprietary, German-engineered 'solar-in-a-box' system - the CentroPack, which comes standard with best-in-class components, an industry-leading warranty, and a national service and logistics support network maintained by Centrosolar across the United States.

"Our financing platforms are customized to meet specific business needs and processes and are a great fit for Centrosolar, because they work seamlessly with their installer network," said BrightGrid CEO Stephen Crawford.

"Installers get to offer a complete solution, with an easy financing option, for all residential solar projects."

"Our residential solar installers are rapidly scaling up their businesses and face an increasing demand from their end-customers - the homeowner - for financing their solar projects," said Centrosolar America Chief Sales Officer Steve Daniel.

"Most homeowners are now choosing the lease option, over an upfront cash investment as a way to lower their energy costs right away with no money down."

With solar representing a major investment for most homeowners, leasing options have traditionally been available only through private financing or from installing firms that are product-agnostic. With the CentroLease program homeowners now have an OEM leasing option backed by a leading global solar manufacturer.

"Solar is a high-value purchase - like a car," added Daniel, "And homeowners are more inclined to choose a financing option like the CentroLease program where the performance of their rooftop solution is backed by the OEM directly".

The CentroLease program is a multi-year lease-financing product that includes:

+ On-line tools that generate a customized lease proposal for homeowners

+ Straightforward application and convenience associated with point-of-sale financing

+ Training and support for installers during the sales process

+ Standard CentroPack product platform including long-term monitoring solution

+ On-time delivery to installers from Centrosolar's nationwide distribution network

"The CentroLease program adds tremendous value to what our Gold-level installers can now offer. It's a seamless extension of their existing sales and marketing capabilities and doesn't require significant change in how they already do business," added Louis Lalonde, Director of Business Development at Centrosolar America.

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