PosiGen

PosiGen is a leading provider of solar power and energy efficiency solutions catering to low and moderate-income households. Established in 2011, the company aims to bridge the clean energy affordability gap by offering solar panel installations and efficiency upgrades through an innovative no-credit-check financing model. PosiGen's unique approach allows homeowners to qualify based on their utility usage history and homeownership status, making solar accessible regardless of income or credit scores.

PosiGen's core offering combines rooftop solar installations with comprehensive energy efficiency upgrades, such as air sealing, duct repairs, and programmable thermostats. This holistic approach not only generates clean energy but also significantly reduces household energy consumption, maximizing savings for customers. As of 2024, PosiGen has installed nearly 30,000 solar systems, produced over 645 million kWh of solar energy, and saved homeowners more than USD 65.9 million through its solar and efficiency solutions.

The company operates through a leasing model, utilizing tax credits and local subsidies to finance the installation costs. Customers then lease the solar panels from PosiGen through a long-term, flat-rate agreement, without the burden of upfront costs or escalating fees. This innovative business model has allowed PosiGen to expand its operations across multiple states, including Louisiana, Mississippi, Connecticut, New Jersey, New York, Pennsylvania, Florida, Massachusetts, and California.

In 2024, PosiGen secured a significant USD 400 million funding commitment from Brookfield Asset Management, strengthening its ability to scale operations and bring clean energy savings to more underserved communities. The company has also acquired New England Conservation Services, Connecticut's oldest energy efficiency provider, further enhancing its capacity to deliver comprehensive energy solutions.