"Avidia Bank is pleased to provide the Carolina markets with an attractive financing product that helps individuals, families and businesses lower energy costs and improve their access to alternative energy sources in the form of solar power," said Mark O'Connell, Avidia Bank's President and CEO.
On BlueWave's Solar Management Platform, the entire loan application and contract execution process is digital – applicants are approved within minutes. In addition to this, BlueWave's new installer incentive program provides its partners with an attractive business case for promoting the BlueWave Home Solar Loan.
BlueWave's preferred solar installer network, a list of top installers in the Southeast, is now distributing the loan throughout the Carolinas. The company's network of installers in the region is growing every day as the industry ramps.
South Carolina offers households a 25% tax-credit for solar installation costs while investor-owned utilities now offer various incentives as part of respective DER programs.
"The Federal and SC state tax credits, combined with the utility-specific incentives are making the case to go solar in South Carolina a very compelling one. BlueWave has been active on many levels in helping to drive solar adoption in the state and our solar-specific financing platform is another example of this. As a result, we look forward to helping more households take advantage of the opportunity available in the state right now," said Charleston-based Managing Director, John Griswold.
Learn more at www.bluewaverenewables.com
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