TL;DR
SolSource Solutions has announced that its Propel prepaid third-party ownership (TPO) product is now available in six states, including Pennsylvania and Colorado. The product offers homeowners fixed payments, transparency, and the option to purchase after five years. The company plans ongoing expansion throughout 2026.
SolSource Solutions has expanded its Propel prepaid third-party ownership (TPO) product into six states, including Pennsylvania and Colorado, marking a significant growth in its residential solar financing offerings. This expansion allows more homeowners to access fixed-payment solar financing with transparent terms, directly impacting the solar market and consumer options.
Propel, launched earlier this year, replaces traditional escalating payments and hidden fees with a predictable, fixed payment structure. It is available through TriBeam Financial, which provides fixed-payment financing, and includes the transfer of federal tax credits to homeowners. The product is currently offered in Arizona, Texas, Maine, California, Pennsylvania, and Colorado.
According to Chris Couture, CEO of SolSource Solutions, the expansion into Pennsylvania and Colorado aims to bring simplified, honest financing options to thousands more households. Over 180 independent installers now offer Propel across active markets, with ongoing onboarding to scale the platform further. The hardware is supplied exclusively by Enphase Energy, including microinverters and batteries, and the financing is facilitated via the Concert Finance Program.
Impact of Broader State Availability for Homeowners
This expansion broadens access to transparent, fixed-cost solar financing for homeowners across more states, potentially increasing solar adoption. It also demonstrates SolSource’s commitment to scaling innovative financing models, which could influence industry standards and consumer choices in residential solar markets.
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Background of Propel and Market Expansion
Launched in February 2026, Propel is a prepaid TPO product designed to offer homeowners a clear, predictable alternative to traditional solar financing. It allows prepayment of a long-term energy agreement, with the option to purchase the system after five years. The product’s initial markets included Arizona, Texas, Maine, and California, with the recent addition of Pennsylvania and Colorado. The move aligns with industry trends toward transparency and consumer-friendly financing options, supported by partnerships with Enphase Energy and TriBeam Financial.
“Expanding into Pennsylvania and Colorado lets us bring fixed payments, transparent terms, and access to federal tax credit value to thousands more households.”
— an anonymous spokesperson from SolSource
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Details on Future State Expansions and Market Penetration
It is not yet clear how many additional states SolSource plans to include in its expansion throughout 2026, or how quickly new markets will adopt Propel’s offerings. Specific timelines and market penetration targets remain unconfirmed.
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Upcoming Expansion Plans and Market Growth Strategies
SolSource plans to continue onboarding new installers and expanding Propel into additional states throughout 2026. The company aims to further scale its platform, increase homeowner access, and refine its offerings based on market feedback. Monitoring the company’s expansion timeline and adoption rates will be key to understanding its future impact.
fixed payment solar financing
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Key Questions
What is the Propel prepaid TPO product?
Propel is a prepaid third-party ownership (TPO) financing product from SolSource Solutions that offers homeowners fixed payments, access to federal tax credits, and the option to purchase the solar system after five years.
Which states is Propel now available in?
Propel is currently available in Arizona, Texas, Maine, California, Pennsylvania, and Colorado.
How does Propel differ from traditional solar financing?
Propel replaces escalating payments and hidden fees with a predictable, fixed payment structure, providing transparency and stability for homeowners.
What are the company’s plans for future expansion?
SolSource intends to continue expanding Propel into additional states throughout 2026, onboarding new installers and increasing market reach.
Who supplies the hardware for Propel installations?
Enphase Energy provides the microinverters and batteries used in Propel installations, with premium support from the company.
Source: Solar Power World
