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	<title>Enact Updates | ENACT</title>
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		<title>Enact Solar &#038; Palmetto LightReach Team Up to Simplify Solar Financing</title>
		<link>https://enact.solar/enact-lightreach-partnership/</link>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Mon, 28 Jul 2025 11:00:29 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=12929</guid>

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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Why This Partnership Matters</h3></div>
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				<div class="et_pb_text_inner"><p>Enact Solar has officially integrated its AI-driven solar asset management platform with Palmetto’s LightReach solar lease solution. This marks a major step toward making solar financing smoother and more transparent for installers and homeowners alike.</p></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">What Changed: A Closer Look</h3></div>
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<li>Starting in <strong>April 2025</strong>, Enact received approval to generate proposals with Palmetto LightReach financing.</li>
<li>As of <strong>July 2025</strong>, installers using Enact’s platform can access the full suite of financing products—like leases and Power Purchase Agreements (PPAs)—right from within the platform.</li>
</ul></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Key Benefits for Installers & Customers</h3></div>
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<li><strong>All-in-One Proposal Workflow:</strong> Generate financing options seamlessly—no switching platforms.</li>
<li><strong>Access to Multiple LightReach Products:</strong> Solar, battery storage, HVAC systems—fund them all.</li>
<li><strong>Precision Financial Modeling:</strong> Leverage Enact’s industry-leading ROI projections with integrated third-party financing.</li>
<li><strong>Tax Credit Optimization:</strong> Financing structures absorb available tax incentives to maximize benefits.</li>
</ul></div>
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					<div class="et_pb_testimonial_description_inner"><div class="et_pb_testimonial_content"><p>“Enact’s accurate financial projections combined with our flexible financing solutions creates a powerful combination for the solar industry. This integration eliminates friction in the sales process while ensuring customers receive the most accurate and comprehensive financing information.”</p></div></div>
					<span class="et_pb_testimonial_author">Kristen Crupi</span>
					<p class="et_pb_testimonial_meta"><span class="et_pb_testimonial_position">Director of Channel Solutions</span><span class="et_pb_testimonial_separator">,</span> <span class="et_pb_testimonial_company">LightReach</span></p>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Strategic Value of the Integrated Platform</h3></div>
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<li>Reduces friction in the sales funnel, speeding up decisions for homeowners and installers.</li>
<li>Supports broader adoption of full-home energy systems—not just rooftop panels.</li>
<li>Aligns with a growing industry focus on financing that includes storage, climate control, and holistic clean-energy solutions.</li>
</ul></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Spotlight on the Companies *link to websites</h3></div>
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				<div class="et_pb_heading_container"><h4 class="et_pb_module_heading">Enact Solar</h4></div>
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				<div class="et_pb_text_inner"><ul>
<li>Based in Pleasanton, California, Enact assists in powering  solar systems in over 25 countries (soon expanding to 35+).</li>
<li>An all-in-one platform that designs, monitors, and manages solar and energy storage projects in a single digital environment.</li>
</ul></div>
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				<div class="et_pb_heading_container"><h4 class="et_pb_module_heading">Palmetto</h4></div>
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				<div class="et_pb_text_inner"><ul>
<li>A leading climate‑tech firm on a mission to simplify clean energy adoption nationwide.</li>
<li>Its LightReach platform offers no‑upfront solar &amp; battery financing, absorbing tax credits and delivering predictable monthly costs—making solar more accessible than ever.</li>
</ul></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_7 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">What’s Ahead</h3></div>
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				<div class="et_pb_text_inner">As LightReach and Enact strengthen this integration, installers can expect significantly faster proposal generation and customer onboarding. Meanwhile, homeowners benefit from transparent, comprehensive financing options covering entire home energy solutions.</p>
<p>This represents the future of solar sales: <em>customer‑centric, technology powered, and financially seamless</em>.</div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Want to Learn More?</h3></div>
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				<div class="et_pb_text_inner"><ul>
<li><a href="https://enact.solar/installers/">Explore Enact’s platform and current fintech partners.</a></li>
<li><a href="https://enact.solar/start-trial-us/">Request a demo</a> to see financing integrated directly into project proposals.</li>
<li>Reach out to <a href="https://palmetto.com" target="_blank" rel="noopener">customer support</a> for technical details about onboarding Palmetto financing options.</li>
</ul>
<p>Enact and Palmetto LightReach are breaking new ground in solar sales. By uniting Enact’s precision modeling with Palmetto’s flexible financing, they’re setting a new standard for solar adoption. Stay tuned as this partnership evolves and powers further clean energy growth.</p>
<p><em>(For the original press release published on July 15, 2025, visit the &#8220;<a href="https://enact.solar/enact-solar-announces-platform-integration-with-palmetto-lightreach-to-streamline-solar-financing/">Press Release</a>&#8221; section on the Enact Solar website.)</em></p></div>
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		<title>Partnerships and Enact Partner Ecosystem</title>
		<link>https://enact.solar/power-of-solar-partnerships/</link>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Wed, 30 Apr 2025 11:07:03 +0000</pubDate>
				<category><![CDATA[Articles]]></category>
		<category><![CDATA[Commercial]]></category>
		<category><![CDATA[Consumer]]></category>
		<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[Germany]]></category>
		<category><![CDATA[India]]></category>
		<category><![CDATA[Installer Software Platform & Best Practices]]></category>
		<category><![CDATA[International Events]]></category>
		<category><![CDATA[International Installers]]></category>
		<category><![CDATA[Press Release]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[U.S. Events]]></category>
		<category><![CDATA[UAE]]></category>
		<category><![CDATA[Webinar]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=12274</guid>

					<description><![CDATA[]]></description>
										<content:encoded><![CDATA[<div class="et_pb_section et_pb_section_1 et_section_regular" >
				
				
				
				
				
				
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				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">The Power of Partnerships and Enact’s Partner Ecosystem</h2></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">1. The Power of Partnerships in the Solar & Battery Storage industry</h3></div>
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				<div class="et_pb_text_inner"><p>The business of deploying Solar &amp; Storage projects for homes and buildings has a complex value chain that starts with OEMs and their distribution networks, followed by solar installation companies (also known as ‘EPC’ firms: engineering, procurement and construction), third-party financing firms and asset management. </p>
<p>As shown below, this value chain is fragmented with thousands of firms that work together to deliver ~300-500k residential projects per year and ~10k commercial projects per year in the US market. Also shown below is the consumer’s extended influencer and marketing network that plays a significant role in their buying decision; plus the authorities that grant approval for such projects &#8211; cities, AHJs &amp; utilities that provide net metering access. And finally, various other providers of business services like software, third-party marketing and legal services play a major role as well.</p></div>
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				<span class="et_pb_image_wrap "><img fetchpriority="high" decoding="async" width="1367" height="292" src="https://enact.solar/wp-content/uploads/2025/04/Table-explaining-each-step-that-goes-into-the-completion-of-a-solar-project.png" alt="Table explaining each step that goes into the completion of a solar project." title="Table explaining each step that goes into the completion of a solar project" srcset="https://enact.solar/wp-content/uploads/2025/04/Table-explaining-each-step-that-goes-into-the-completion-of-a-solar-project.png 1367w, https://enact.solar/wp-content/uploads/2025/04/Table-explaining-each-step-that-goes-into-the-completion-of-a-solar-project-1280x273.png 1280w, https://enact.solar/wp-content/uploads/2025/04/Table-explaining-each-step-that-goes-into-the-completion-of-a-solar-project-980x209.png 980w, https://enact.solar/wp-content/uploads/2025/04/Table-explaining-each-step-that-goes-into-the-completion-of-a-solar-project-480x103.png 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1367px, 100vw" class="wp-image-12278" /></span>
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				<div class="et_pb_text_inner"><p>Behind every successfully completed project, there are ~20 different companies involved : 10+ different manufacturers of various components, at least one distributor for key hardware supply, 3-5 different firms that complete the EPC role (including permit engineering, outsourced labor crews and third-party marketing firms), at least one consumer financing company (80% of projects are financed), at least 2 authorities granting approval along with one maintenance provider and one or more software vendors.</p>
<p>Needless to say, it’s a complex industry like many others that delivers $Billions of dollars in product/services per year to building owners. Partnerships between firms happen at every step of the value chain: OEMs partner with distributors downstream, similarly distributors partner with EPCs downstream and EPCs in-turn partner with a host of business service providers like financing companies, permit engineering firms, marketing platforms and also maintenance providers. </p>
<p>Why are <a href="https://enact.solar/partner-program/">partnerships</a> so crucial for success in this industry? There are four key reasons:</p></div>
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				<div class="et_pb_text_inner"><ul style="list-style:lower-alpha;">
<li>
<p><strong>Reduce customer acquisition cost:</strong> partnerships along the value chain help every firm reduce its own customer acquisition cost. E.g. for an OEM, it is difficult to find and serve every EPC in every city / state on their own in a profitable way and so partnerships with regional distribution companies is crucial to gain EPC customer access.</p>
<p>Similarly, for an EPC, it&#8217;s crucial to partner with marketing platforms that help find end-clients through a variety of online marketing services, either online and offline. In the US market, soft costs reign high and project margins are slim, hence keeping customer acquisition cost low is crucial for success.</p>
</li>
<li><strong>Efficient Scale-up of operations:</strong> relying on out-sourced third-party firms for specific services like financing of projects, or even repair and maintenance helps build scale faster. While many firms often grow to internalize certain functions (e.g. EPC launching a fund in-house, or even developing in-house software tools), the most successful firms identify their core competence quickly and rely on the best partners to do the rest, for faster growth. The business rules around solar and storage permitting, financing and even utility pricing / incentives vary from one city/state to another – hence partnering with software platforms that can simplify design and sales of new projects can help EPCs grow faster.</li>
<li><strong>Improve business focus:</strong> for every firm in the value chain, it&#8217;s crucial to lock the core-competence internally. Whether it’s a financing firm or a maintenance provider, they must identify the one thing they are good at, and improve that over time with focus across the organization. Partnerships allow this to happen faster – firms that quickly find their core focus, and partner with others to achieve the rest of the integrated value offering downstream do better in the long run. It’s the classic ‘build vs buy’ choice, and the most successful firms find out quickly that the ROI is poor to ‘build’ everything in house.</li>
<li>
<p><strong>Data-access for Reliable Asset Operations:</strong> partnerships across the value chain help improve the quality of data access for improved maintenance too. For example, a hardware OEM like a battery-inverter maker provides live data on its performance hourly / daily on open networks and this helps EPCs / maintenance firms react to issues quickly, which in turn helps reduce warranty costs and improves customer satisfaction.</p>
<p>Solar and storage assets provide long-term value by fixing the energy cost, and break-even over 3 to 7 years depending on the location, while operating for 25+ years of warranty. The industry is yet to mature and EPCs being fragmented often go-out of business. The customer’s Asset reliability is important: and having only ONE firm stand behind their system can be risky: unlike the car industry, where OEMs have reliable &amp; powerful dealer networks whereby the customer can purchase and service their cars from one OEM / dealer, Solar / storage assets are equally expensive, yet there are no such OEM / dealer networks. Hence it&#8217;s crucial for consumers to have access to data for their project(s) at one place. Software platforms like Enact have the unique ability to enable such partnerships.</p>
</li>
</ul></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">2. Enact Introduction: our unique, end-to-end software platform</h3></div>
			</div><div class="et_pb_module et_pb_image et_pb_image_1">
				
				
				
				
				<span class="et_pb_image_wrap "><img decoding="async" width="1999" height="1121" src="https://enact.solar/wp-content/uploads/2025/04/Aerial-view-of-a-commercial-building-with-rooftop-solar-panels-representing-solar-adoption-in-the-business-sector.jpg" alt="Aerial view of a commercial building with rooftop solar panels, representing solar adoption in the business sector." title="Aerial view of a commercial building with rooftop solar panels, representing solar adoption in the business sector" srcset="https://enact.solar/wp-content/uploads/2025/04/Aerial-view-of-a-commercial-building-with-rooftop-solar-panels-representing-solar-adoption-in-the-business-sector.jpg 1999w, https://enact.solar/wp-content/uploads/2025/04/Aerial-view-of-a-commercial-building-with-rooftop-solar-panels-representing-solar-adoption-in-the-business-sector-1280x718.jpg 1280w, https://enact.solar/wp-content/uploads/2025/04/Aerial-view-of-a-commercial-building-with-rooftop-solar-panels-representing-solar-adoption-in-the-business-sector-980x550.jpg 980w, https://enact.solar/wp-content/uploads/2025/04/Aerial-view-of-a-commercial-building-with-rooftop-solar-panels-representing-solar-adoption-in-the-business-sector-480x269.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1999px, 100vw" class="wp-image-12282" /></span>
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				<div class="et_pb_text_inner">Enact has emerged as one of the leading software-enabled sales, delivery and asset management platforms &#8211; especially in California where it was launched first where storage-plus-solar is a key market trend and now in three other continents. Enact’s unique installer-focused design software that speeds up solar-plus-storage proposals is already gaining market share globally. Enact’s strategy to build out a <a href="https://enact.solar/installers/">two-sided platform</a> that improves post-sales asset management has resonated strongly with market needs and now proven revenue.</div>
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				<span class="et_pb_image_wrap "><img decoding="async" width="1714" height="810" src="https://enact.solar/wp-content/uploads/2025/04/Enacts-two-sided-platform-for-both-installers-and-consumers.jpg" alt="Enact’s two-sided platform for both installers and consumers." title="Enact’s two-sided platform for both installers and consumers" srcset="https://enact.solar/wp-content/uploads/2025/04/Enacts-two-sided-platform-for-both-installers-and-consumers.jpg 1714w, https://enact.solar/wp-content/uploads/2025/04/Enacts-two-sided-platform-for-both-installers-and-consumers-1280x605.jpg 1280w, https://enact.solar/wp-content/uploads/2025/04/Enacts-two-sided-platform-for-both-installers-and-consumers-980x463.jpg 980w, https://enact.solar/wp-content/uploads/2025/04/Enacts-two-sided-platform-for-both-installers-and-consumers-480x227.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1714px, 100vw" class="wp-image-12283" /></span>
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				<div class="et_pb_text_inner"><p>Unlike other solar software competitors like Aurora or OpenSolar, Enact is highly differentiated with its focus on asset management &amp; customer outcomes. Enact is the only platform today that has monetized the entire customer journey, with subscription revenues from BOTH the installer and the consumer (B2B2C). Enact’s commercial solar capabilities are now well established in many markets too, so this combination of features has enabled revenue growth in multiple countries simultaneously.</p></div>
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				<span class="et_pb_image_wrap "><img decoding="async" width="1999" height="1333" src="https://enact.solar/wp-content/uploads/2025/04/Modern-home-garage-with-solar-battery-and-inverter-system.jpg" alt="Modern home garage with solar battery and inverter system." title="Modern home garage with solar battery and inverter system" srcset="https://enact.solar/wp-content/uploads/2025/04/Modern-home-garage-with-solar-battery-and-inverter-system.jpg 1999w, https://enact.solar/wp-content/uploads/2025/04/Modern-home-garage-with-solar-battery-and-inverter-system-1280x854.jpg 1280w, https://enact.solar/wp-content/uploads/2025/04/Modern-home-garage-with-solar-battery-and-inverter-system-980x653.jpg 980w, https://enact.solar/wp-content/uploads/2025/04/Modern-home-garage-with-solar-battery-and-inverter-system-480x320.jpg 480w" sizes="(min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1999px, 100vw" class="wp-image-12284" /></span>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">3. Enact’s Partner Ecosystem</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_13  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact completed its 10th year of operations in 2024 and over the years, Enact has grown its business model carefully while leveraging partnerships consistently along the way. Enact first started with B2B software subscription revenues leveraging its design software platform. Later it unlocked B2B2C revenue through the launch of its Consumer Asset Management offering, and even direct-to-consumer design services / asset management revenues in California. </p>
<p>Powerful partnerships helped Enact scale its revenue lines rapidly, while keeping customer acquisition costs low and maintaining its core business focus on software and data services. Here’s some examples of successful partnerships, divided into three main groups, only focusing on the US market (additional partnerships are global)</p></div>
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				<div class="et_pb_text_inner"><ul style="list-style:upper-alpha;">
<li><strong>Partnerships to unlock access Installer clients for Software Subscription</strong>Such firms have hundreds of Installer clients, so integrating with them and offering their products can provide automation and stickiness to the user.
<ol style="list-style:upper-roman;">
<li>Financing providers e.g. Sungage and LightReach</li>
<li>Permit Engineering firms e.g. ExactUS and CRENG</li>
<li>Distributors e.g. CED Greentech</li>
<li>Other Software platforms e.g. BluBanyon</li>
<li>Other Hardware OEMs e.g.  Renusol (roof structure)</li>
</ol>
</li>
<li><strong>Partnerships that help improve end-customer asset management</strong>Efficient asset management requires removal of ‘data silos’ and Enact’s integration with different OEM hardware data clouds like inverters and batteries enables centralized data access, that enables improved customer service and issue resolution
<ol style="list-style:upper-roman;">
<li>Inverter Hardware OEMs for data access e.g. Solark and Fronius</li>
<li>Installation partnerships (“Insider”) e.g. 20+ US EPCs</li>
<li>Service and repair networks e.g. 5+ firms like JP Solar that fix / repair</li>
</ol>
</li>
<li><strong>Corporate Partnerships that help reduce end-customer acquisition cost</strong>Enact services end-consumer solar and storage project needs directly in California, partnerships with different corporates below enables lower cost of customer acquisition
<ol style="list-style:upper-roman;">
<li>Retail networks e.g. Batteries Plus and Walmart</li>
<li>Home Electrification partners e.g. Quit Carbon</li>
<li>New-home aggregation e.g. Haven Development</li>
</ol>
</li>
</ul></div>
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				<div class="et_pb_text_inner"><p>In addition to the above categories, Enact’s Product Platform also has technology partnerships with dozens of vendors (e.g. data providers, imaging providers, cloud services).  Enact also partners with a variety of businesses to scale its offering globally.</p>
<p>Explore the benefits of joining the <a href="https://enact.solar/partner-program/"> Enact Partner Program</a> and grow with us.<br />
See how Enact’s software can help you win more projects and better serve your customers. <a href="https://enact.solar/start-trial-us/">Book a free demo with our team today</a>.</p>
<p><strong>Written by <a href="mailto:deep@enact-systems.com">Deep Chakraborty</a>, CEO of Enact Systems, Inc.</strong></p></div>
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		<item>
		<title>Looking back at Enact’s 10th Year</title>
		<link>https://enact.solar/looking-back-at-enacts-10th-year/</link>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Mon, 23 Dec 2024 09:09:54 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=11493</guid>

					<description><![CDATA[]]></description>
										<content:encoded><![CDATA[<div class="et_pb_section et_pb_section_2 et_section_regular" >
				
				
				
				
				
				
				<div class="et_pb_row et_pb_row_2">
				<div class="et_pb_column et_pb_column_4_4 et_pb_column_2  et_pb_css_mix_blend_mode_passthrough et-last-child">
				
				
				
				
				<div class="et_pb_module et_pb_text et_pb_text_16  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner">2024 has been a landmark year for Enact Solar, as we proudly celebrate a decade of innovation and growth in the solar and energy storage industry. From our humble beginnings in California to becoming a global leader in solar design and asset management software, this year marks a significant milestone in our journey. As we reflect on our accomplishments, we are reminded of the impact our platform has had on transforming how solar projects are designed, sold, and managed worldwide. With an unwavering commitment to simplifying the solar journey for both homeowners and installers, Enact continues to lead the charge in empowering the global transition to renewable energy.</div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_13 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Celebrating a Decade of Innovation</h2></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_17  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>2024 marked a milestone year for Enact Solar as the company <a href="https://enact.solar/enact-celebrates-a-decade-of-innovation-enact-solars-ten-year-journey/">celebrated its 10th anniversary</a>, a decade defined by groundbreaking advancements in solar technology and a steadfast commitment to clean energy. Since its founding in 2014 by CEO Deep Chakraborty and Head of Product Manasij Kar, Enact has transformed how solar and energy storage projects are designed, implemented and managed. Our platform enables installers to accelerate their businesses and empowers the transition to renewable energy for residential and commercial consumers.</p>
<p>From its origins in California, Enact’s award-winning digital platform has grown to serve users in over 35 countries, making it a trusted name in solar technology worldwide. With a focus on simplifying the solar purchase and ownership journey, Enact has introduced innovative tools that empower homeowners and businesses to design tailored energy systems, monitor their performance, and achieve long-term savings and sustainability.</p></div>
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">10-Year Milestones:</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_18  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><ul>
<li>Over 500 solar companies across 30+ countries have leveraged Enact’s design and proposal platform.</li>
<li>Enact has processed more than $12 billion (as of 2023) in project proposals, underscoring its pivotal role in the global solar market.</li>
<li>The fleet of renewable energy assets monitored on Enact’s platform generates 53 million kWh of clean energy annually, offsetting 95 million metric tons of CO2 emissions.</li>
<li>The Enact team has grown to 80+ employees across six countries and 25 cities, reflecting its global reach and collaborative spirit.</li>
</ul></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_19  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>These achievements are a testament to Enact’s vision of simplifying renewable energy adoption for millions of customers. By integrating with major solar equipment and energy storage manufacturers, Enact has expanded choice and transparency for consumers while enabling installers to provide streamlined services and long-term maintenance.</p>
<p>“Renewable energy is undergoing a customer revolution, with solar-powered electricity transforming homes, businesses and even the way we charge electric vehicles. Dependable solar systems, backed by technology, are the backbone of this transformation and we’re proud to lead the way,” Deep Chakraborty, CEO of Enact Solar, said.</p>
<p>Looking ahead, Enact is poised to continue innovating with plans to enhance its offerings for commercial clients and expand into new markets like Europe and the Middle East.</p></div>
			</div><div class="et_pb_module et_pb_video et_pb_video_0">
				
				
				
				
				<div class="et_pb_video_box"><iframe loading="lazy" title="Why Enact" width="1080" height="608" src="https://www.youtube.com/embed/8Y9RAix7AMM?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
			</div><div class="et_pb_module et_pb_heading et_pb_heading_15 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">The Next Generation of Solar Software Solutions</h2></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_20  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact Solar <a href="https://enact.solar/check-out-enacts-next-generation-solar-design-tool/">unveiled a significant upgrade</a> to its <a href="https://enact.solar/installers/solar-design-software/">Solar Design Software</a>, marking a new era for solar installation professionals. The 2024 version introduces cutting-edge features designed to enhance productivity, streamline project workflows and deliver unparalleled accuracy in solar and energy storage designs. By leveraging the Enact Solar Design Software, installers can confidently present designs to their customers.</p>
<p>One of the standout features of this update is the automatic height and obstacle detection, which identifies roof heights and nearby shading elements, such as trees. This functionality optimizes shading analysis, ensuring solar panels are placed for maximum efficiency and solar access. Additionally, the software includes hourly simulations of solar and energy storage charging cycles, enabling installers to accurately size systems for homeowners and businesses.</p>
<p>Beyond design, Enact accelerates the contracting process with dynamic pricing data, customizable electronic contracts capabilities, reducing delays and improving the overall customer experience..</p>
<p>“Our newly enhanced solar design software transforms how solar and storage projects are planned and executed,” said Manasij Kar, Co-Founder and Head of Product at Enact. “By harnessing data-driven insights, installers can now minimize errors and maximize efficiency, creating a faster, more accurate process for both professionals and their customers.”</p>
<p>“As the demand for solar energy surges worldwide, especially in the U.S. where rising EV adoption and increasing utility rates are driving record demand for affordable electricity, this software is a game-changer,” Chakraborty said. “It reinforces our commitment to making the transition to solar simpler and more accessible for homeowners, businesses and local communities.”</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_16 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Driving Renewable Energy Innovation with Oracle Blockchain</h2></div>
			</div><div class="et_pb_module et_pb_image et_pb_image_4">
				
				
				
				
				<span class="et_pb_image_wrap "><img loading="lazy" decoding="async" width="600" height="200" src="https://enact.solar/wp-content/uploads/2024/12/Affordale-and-Accurate-3D-Designs-in-Seconds.jpg" alt="Affordable and Accurate 3D Designs in Seconds" title="Affordable and Accurate 3D Designs in Seconds" srcset="https://enact.solar/wp-content/uploads/2024/12/Affordale-and-Accurate-3D-Designs-in-Seconds.jpg 600w, https://enact.solar/wp-content/uploads/2024/12/Affordale-and-Accurate-3D-Designs-in-Seconds-480x160.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 600px, 100vw" class="wp-image-11496" /></span>
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				<div class="et_pb_text_inner"><p>In 2024, Enact took a bold step to redefine how solar energy projects deliver value by <a href="https://www.oracle.com/customers/enact/" target="_blank" rel="noopener">integrating Oracle Blockchain technology into our software platform</a>. This game-changing innovation enables customers to unlock new financial benefits while contributing to a more sustainable future.</p>
<p>By leveraging the Oracle Cloud Infrastructure (OCI) Blockchain Platform, Enact offers a seamless way to certify energy production, track asset performance, and create verifiable Renewable Energy Certificates (RECs). These certificates represent clean energy generation and are tradable assets that offset the cost of solar installations. Through partnerships with systems like the Western Renewable Energy Generation Information System, Enact customers can monetize their solar investments while driving demand for renewable energy solutions.</p>
<p>“Our platform simplifies solar ownership while allowing customers to access the rapidly growing REC market,” said Enact CEO Deep Chakraborty. “This helps make solar energy more attainable and affordable for homeowners and businesses alike.”</p>
<p>This year, Enact has empowered customers to lower utility costs, reduce transaction expenses and contribute to global sustainability. By integrating blockchain technology, we&#8217;re not just innovating solar ownership—we’re setting a new standard for transparency and efficiency in renewable energy markets.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_17 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Driving Insights Through Data: Enact’s Groundbreaking Studies</h2></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_22  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner">In 2024, Enact Solar reinforced its role as a leader in the solar industry by leveraging the data on its platform to deliver actionable insights for solar installers, residential consumers and industry stakeholders. Two key studies conducted this year provided invaluable clarity on solar and storage investments amid evolving market conditions.</div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_18 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">NEM 3.0 Study: Revealing Positive Outcomes for California Solar Customers</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_23  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact’s <a href="https://enact.solar/how-to-communicate-homeowner-solar-benefits-under-nem-3-0/">research revealed that California homeowners under the NEM 3.0 scheme are achieving fast returns on their solar investments</a>, with an ROI of just 4.8 years for solar systems and 5.5 years for solar-plus-storage solutions. This improvement, driven by declining hardware costs and <a href="https://enact.solar/another-round-of-pge-electricity-price-increases-what-homeowners-need-to-know/">rising PG&amp;E utility rates</a>, highlights the continued financial viability of solar adoption despite regulatory challenges.</p>
<p>“Despite the complexities of NEM 3.0, homeowners can unlock significant savings with solar-plus-storage systems. Our platform simplifies the customer journey, providing transparency, choice and accurate ROI tracking,” Chakraborty said.</p>
<p>By combining sophisticated analytics with user-friendly tools, Enact ensures <a href="https://enact.solar/homeowners/">homeowners</a> and installers can navigate market complexities confidently. Key features like automated proposals and detailed savings simulations make solar adoption seamless, even as rate structures and hardware options grow increasingly intricate.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_19 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">A Year of Leadership: Welcoming Dr. Philip Comberg to the Enact Board</h2></div>
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				<span class="et_pb_image_wrap "><img loading="lazy" decoding="async" width="944" height="300" src="https://enact.solar/wp-content/uploads/2024/12/A-Year-of-Leadership-Welcoming-Dr.-Philip-Comberg-to-the-Enact-Board.jpg" alt="A Year of Leadership: Welcoming Dr. Philip Comberg to the Enact Board" title="A Year of Leadership Welcoming Dr. Philip Comberg to the Enact Board" srcset="https://enact.solar/wp-content/uploads/2024/12/A-Year-of-Leadership-Welcoming-Dr.-Philip-Comberg-to-the-Enact-Board.jpg 944w, https://enact.solar/wp-content/uploads/2024/12/A-Year-of-Leadership-Welcoming-Dr.-Philip-Comberg-to-the-Enact-Board-480x153.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 944px, 100vw" class="wp-image-11497" /></span>
			</div><div class="et_pb_module et_pb_text et_pb_text_24  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>In May 2024, Enact proudly announced the <a href="https://enact.solar/dr-philip-comberg-joins-enact-board-of-directors/">addition of Dr. Philip Comberg to our Board of Directors</a>, marking a significant milestone in our journey of innovation and growth. Dr. Comberg, a seasoned leader with over 15 years of expertise in the renewable energy industry, brought with him a wealth of experience from his previous roles. His deep understanding of renewable energy and financial management perfectly aligns with our mission to transform solar and energy storage solutions globally.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_20 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Driving the Global Solar Transition</h2></div>
			</div><div class="et_pb_module et_pb_image et_pb_image_6">
				
				
				
				
				<span class="et_pb_image_wrap "><img loading="lazy" decoding="async" width="1000" height="500" src="https://enact.solar/wp-content/uploads/2024/12/Driving-the-Global-Solar-Transition.jpg" alt="Driving the Global Solar Transition" title="Driving the Global Solar Transition" srcset="https://enact.solar/wp-content/uploads/2024/12/Driving-the-Global-Solar-Transition.jpg 1000w, https://enact.solar/wp-content/uploads/2024/12/Driving-the-Global-Solar-Transition-980x490.jpg 980w, https://enact.solar/wp-content/uploads/2024/12/Driving-the-Global-Solar-Transition-480x240.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1000px, 100vw" class="wp-image-11498" /></span>
			</div><div class="et_pb_module et_pb_text et_pb_text_25  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact Solar, a global leader in solar design and sales software, is <a href="https://enact.solar/why-enact-is-the-right-solar-software-for-european-installers/">strengthening its presence in Europe</a> and other target regions to support the continent’s ambitious renewable energy goals. From localized features to participation in premier industry events, Enact is tailoring its platform to meet the diverse needs of solar installers in over 35 countries.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_21 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Enact Launch in Germany: Leading the Charge in Solar Innovation</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_26  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Germany, a global solar leader, is central to Enact’s European strategy. The company has made significant strides to adapt its award-winning platform for German solar professionals.</p>
<p>A <a href="https://enact.solar/de/">German-language interface</a> launched in 2024 enables installers to design and manage projects more effectively. The platform integrates local energy tariffs and financing options, ensuring compatibility with the unique demands of the German market.</p>
<p>Enact&#8217;s updated software includes East-West solar configurations, precision shading analysis and obstacle detection—critical for maximizing energy production on limited roof space.</p>
<p>Participation in events like Intersolar Europe, <a href="https://enact.solar/enact-at-solar-solutions-dusseldorf-together-with-renusol/">Solar Solutions Düsseldorf</a> and Solar Solutions Bremen underscores Enact’s commitment to empowering German installers with cutting-edge solutions and fostering connections within the renewable energy community.</p></div>
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				<div class="et_pb_video_box"><iframe loading="lazy" title="Enact Solar Design and Proposal Tool - Available in Germany" width="1080" height="608" src="https://www.youtube.com/embed/O_1Wu69OH1U?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
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				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">A Unified Platform for a Diverse Markets</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_27  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Beyond Germany, 2024 saw a strategic push in <a href="https://enact.solar/enact-launches-solar-design-software-in-the-uk/">the United Kingdom</a>, <a href="https://enact.solar/it/">Italy</a>, <a href="https://enact.solar/esp/">Spain</a> and other European markets — as well as events in <a href="https://enact.solar/mx/">Mexico</a>, Puerto Rico and <a href="https://enact.solar/uae/">Dubai</a>. Enact’s adaptability extends beyond language and regional features. Its support for East-West configurations, metric and imperial systems and <a href="https://www.pv-magazine.com/2024/09/11/enact-systems-expands-pv-installer-buyer-platform/" target="_blank" rel="noopener">multilingual software interfaces in English, German and Spanish</a> reflects the platform’s versatility across the globe.</p>
<p>Additionally, the Enact Solar Design Software hosts a comprehensive database with local utility rates and tariffs. These enhancements empower installers to optimize designs and streamline sales processes — which drives growth in competitive markets.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_23 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Enact Summits in Puerto Rico & Dubai</h2></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_28  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact launched a new series of workshops to engage with solar and renewable energy professionals in specific markets, in an open format of dialogue and discussion. Structured as a workshop where professionals present and share their ideas in small groups, organized by Enact’s experts, the Enact Summit has generated a lot of interest on its launch in <a href="https://enact.solar/enact-dubai-summit-2024/">Dubai</a> and <a href="https://enact.solar/enact-puerto-rico-summit-2024/">Puerto Rico</a> this year. Stay tuned for more of such events in the USA and Europe for 2025.</p></div>
			</div><div class="et_pb_module et_pb_video et_pb_video_2">
				
				
				
				
				<div class="et_pb_video_box"><iframe loading="lazy" title="Enact Solar, Dubai Summit - Derin Josen, EV MERGE" width="1080" height="608" src="https://www.youtube.com/embed/xUD8Mnb3OOI?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
			</div><div class="et_pb_module et_pb_text et_pb_text_29  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner">Derin Josen of EV MERGE explores the current opportunities for EV charging deployment and the role of policy for EV infrastructure.</div>
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				<div class="et_pb_video_box"><iframe loading="lazy" title="Enact Solar, Dubai Summit 2024 - Rajat Mathur" width="1080" height="608" src="https://www.youtube.com/embed/lKhISMmx2aU?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
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				<div class="et_pb_text_inner">Rajat Mathur, Business Development Leader at Cummins Inc. discusses the role of battery storage technology in meeting sustainability goals. Mathur explores recent case studies and the current market state.</div>
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				<div class="et_pb_video_box"><iframe loading="lazy" title="Enact Solar, Dubai Summit 2024 - Dr Jagannathan" width="1080" height="608" src="https://www.youtube.com/embed/LIWoghNJcXg?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
			</div><div class="et_pb_module et_pb_text et_pb_text_31  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner">Dr. Jagannathan, Senior General Manager of Sustainability at Sobha Realty, and Deep Chakraborty discuss the current trends for the construction of buildings in UAE &#038; Saudi Arabia to meet net zero goals. Solar has a place within these long-term sustainability missions.</div>
			</div><div class="et_pb_module et_pb_video et_pb_video_5">
				
				
				
				
				<div class="et_pb_video_box"><iframe loading="lazy" title="Enact Solar, Dubai Summit 2024 - Shivani Agarwal" width="1080" height="608" src="https://www.youtube.com/embed/_gcgXqZYWN0?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
			</div><div class="et_pb_module et_pb_text et_pb_text_32  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner">Shivani Agarwal, CEO of CleanMax, and Deep Chakraborty discuss what are the future trends in commercial and residential solar financing, as solar expands from Dubai to the broader Middle East region.</div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_24 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h3 class="et_pb_module_heading">Expansion to the Mid-Atlantic Region</h3></div>
			</div><div class="et_pb_module et_pb_text et_pb_text_33  et_pb_text_align_left et_pb_bg_layout_light">
				
				
				
				
				<div class="et_pb_text_inner"><p>Enact has also expanded its residential and commercial marketplace focus to include Mid-Atlantic states, such as Pennsylvania and New Jersey. Similar to our marketplace services in California, Enact empowers clean energy consumers with custom proposals generated with our own Solar Design Software.</p></div>
			</div><div class="et_pb_module et_pb_heading et_pb_heading_25 et_pb_bg_layout_">
				
				
				
				
				<div class="et_pb_heading_container"><h2 class="et_pb_module_heading">Expansion to the Mid-Atlantic Region</h2></div>
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				<div class="et_pb_text_inner">As we look back on a transformative 2024, Enact Solar remains at the forefront of the solar industry, driving progress and innovation across the globe. Our achievements over the past decade reflect our dedication to enhancing the solar experience for installers, businesses, and homeowners alike. With new technologies, strategic expansions, and a continued focus on sustainability, we are excited for what the future holds. Enact is poised to continue shaping the future of solar energy, helping communities worldwide achieve a cleaner, more sustainable future through smarter, data-driven solutions.</div>
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		<title>Celebrating a Decade of Innovation: Enact Solar&#8217;s 10-Year Journey</title>
		<link>https://enact.solar/enact-celebrates-a-decade-of-innovation-enact-solars-ten-year-journey/</link>
					<comments>https://enact.solar/enact-celebrates-a-decade-of-innovation-enact-solars-ten-year-journey/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Mon, 30 Sep 2024 19:42:25 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=11010</guid>

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				<div class="et_pb_text_inner"><span style="font-weight: 400;">This year marks a </span><a href="https://enact.solar/enact-celebrates-10-years-of-solar-and-energy-business-growth/"><span style="font-weight: 400;">significant milestone</span></a><span style="font-weight: 400;"> for Enact Solar — a decade of transforming how solar and energy storage systems are designed, purchased and managed. From its start in California in 2014 to becoming a global leader in solar technology, Enact has played a pivotal role in revolutionizing the solar industry. With over 35 countries now leveraging its intelligent platform, Enact continues to empower both </span><a href="https://enact.solar/installers/"><span style="font-weight: 400;">solar installation professionals</span></a><span style="font-weight: 400;"> and end users.</span></p>
<p><span style="font-weight: 400;">Enact Solar continues to support </span><a href="https://enact.solar/homeowners/residential-solar/"><span style="font-weight: 400;">residential</span></a><span style="font-weight: 400;"> and </span><a href="https://enact.solar/commercial/"><span style="font-weight: 400;">commercial customers</span></a><span style="font-weight: 400;"> across the U.S. with innovative solutions that make the transition to clean energy seamless and cost-effective. Our platform empowers homeowners and commercial partners through simplicity, transparency and choice in their solar and storage journeys.</span></div>
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				<div class="et_pb_video_box"><iframe loading="lazy" title="Why Enact" width="1080" height="608" src="https://www.youtube.com/embed/8Y9RAix7AMM?feature=oembed"  allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe></div>
				
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				<div class="et_pb_text_inner"><h2><span style="font-weight: 400;">The Founding Vision</span></h2>
<p><span style="font-weight: 400;">Back in 2014, Deep Chakraborty, CEO of Enact Solar, alongside co-founder and Head of Products Manasij Kar, identified a crucial gap in the solar industry — </span><a href="https://enact.solar/installers/solar-design-software/"><span style="font-weight: 400;">design</span></a><span style="font-weight: 400;"> and </span><a href="https://enact.solar/installers/solar-proposal-software/"><span style="font-weight: 400;">proposal</span></a><span style="font-weight: 400;"> processes were time-consuming and costly. With extensive experience in the solar markets, Deep and Manasij saw an opportunity to innovate.</span></p>
<p><span style="font-weight: 400;">They recognized that much of the expense in solar projects stemmed from non-hardware elements and the solution was to automate and streamline these processes. Their goal was to create a platform that simplifies solar project design, saving installers and customers both time and money.</span></p>
<div class="summary-box-blog">
<h3><span style="font-weight: 400;">Notable 10 Year Milestones Include:</span></h3>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Over 500 solar companies in more than 30 countries have used Enact’s design and proposal platform.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Enact has processed over $12 billion in solar and storage project proposals since its inception.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Consumer Asset fleet on Enact’s platform generates 53 million kWH of renewable energy and 95 million MT of CO2.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">The Enact team has grown to around 80 employees, living in six countries and 25 cities.</span></li>
</ul>
</div>
<p>&nbsp;</p>
<h2><span style="font-weight: 400;">Rapid Expansion and Global Reach</span></h2>
<p><span style="font-weight: 400;">What started as a solution for California&#8217;s solar market quickly gained traction. Enact’s cloud-based platform, which allows installers to design solar projects in minutes rather than hours, became indispensable. By eliminating the need for site visits before signing a residential solar project, installers could save hundreds of dollars per project—an immediate win for solar companies.</span></p>
<p><span style="font-weight: 400;">Today, Enact’s software has grown to serve over 500 solar companies in 35 countries and it has processed more than $12 billion in project proposals. The platform also manages a vast fleet of solar assets, which generates 53 million kWh of renewable energy, offsetting 95 million metric tons of CO2.</span></p>
<h2><span style="font-weight: 400;">A Commitment to Empowering Solar Installers</span></h2>
<p><span style="font-weight: 400;">From its inception, Enact has been focused on not only making solar purchases easier for homeowners and businesses but also empowering solar installers. Enact’s all-in-one solution enhances productivity, reduces overhead and centralizes project management. Installers no longer need multiple software tools to handle various aspects of the solar journey. Enact&#8217;s platform integrates seamlessly with all major solar equipment and energy storage brands, providing installers with the flexibility and transparency they need to deliver exceptional service to their customers.</span></p>
<p><span style="font-weight: 400;">“Our platform has integrated with all major solar equipment and energy storage OEMs, increasing choice and transparency during the purchasing process. This also ensures long-term maintenance options for owners, which is crucial as renewable energy powers homes and electric vehicles,” Deep Chakraborty said.</span></p>
<h2><span style="font-weight: 400;">Serving as a Trusted Advisor to Homeowners</span></h2>
<p><span style="font-weight: 400;">“Two years ago, we also launched a consumer facing app, and that&#8217;s taken off with thousands of users in the U.S., which tracks the savings of your solar projects as well as the performance of the battery, which is super important.” Deep said.</span></p>
<p><span style="font-weight: 400;">Enact Solar serves as a trusted advisor to homeowners and businesses by simplifying the entire process of transitioning to solar energy. Enact helps customers design tailored solar and storage systems that maximize energy efficiency and long-term savings. When homeowners or businesses seek solar to increase savings or pursue sustainability, Enact’s platform provides detailed project proposals, energy forecasts and financial insights — ensuring informed decisions.</span></p>
<p><span style="font-weight: 400;">Beyond installation, Enact continues to support its users with </span><a href="https://enact.solar/5-benefits-of-solar-monitoring/"><span style="font-weight: 400;">monitoring</span></a><span style="font-weight: 400;"> and maintenance tools. By </span><a href="https://enact.solar/a-brighter-year-for-enact-home-solar-monitoring/"><span style="font-weight: 400;">tracking system performance</span></a><span style="font-weight: 400;"> and energy consumption, customers can easily stay on top of their solar investment. Enact&#8217;s independence from specific equipment manufacturers further guarantees unbiased insights. With Enact, going solar is not just a one-time transaction—it’s an ongoing partnership built on transparency, expertise and long-term value.</span></p>
<p><span style="font-weight: 400;">“[After </span><a href="https://enact.solar/is-solar-still-worth-it-for-homeowners-under-nem-3-0/"><span style="font-weight: 400;">NEM 3.0</span></a><span style="font-weight: 400;">], solar is being paired with the battery in </span><a href="https://enact.solar/homeowners/residential-solar/california/"><span style="font-weight: 400;">California</span></a><span style="font-weight: 400;">. We are the only platform that has the outcome tracked on an app and that&#8217;s gaining a huge traction because customers want to know where&#8217;s the money going and is the battery doing something for them,” Deep said.</span></p>
<h2><span style="font-weight: 400;">Milestones of Pride</span></h2>
<p><span style="font-weight: 400;">Reflecting on the past decade, Deep Chakraborty highlights several key achievements, including Enact&#8217;s international team of employees working remotely across the globe. Despite the challenges of a hybrid workforce, Enact continues to operate at the highest levels of productivity, serving customers around the world.</span></p>
<p><span style="font-weight: 400;">One of the company&#8217;s proudest achievements is the launch of the Enact Summit Series, a new initiative that trains solar professionals through in-person and online events. Covering topics like energy storage and electric vehicle charging, these summits will educate installers and industry experts globally, ensuring the solar workforce remains at the cutting edge of technology.</span></p>
<h2><span style="font-weight: 400;">Looking to the Future</span></h2>
<p><span style="font-weight: 400;">As Enact Solar embarks on its second decade, the company is poised for even greater growth. With plans to enhance its commercial offerings and expand into key markets in </span><a href="https://enact.solar/why-enact-is-the-right-solar-software-for-european-installers/"><span style="font-weight: 400;">Europe</span></a><span style="font-weight: 400;"> and </span><a href="https://enact.solar/enact-proud-to-expand-uae-operations/"><span style="font-weight: 400;">the Middle East</span></a><span style="font-weight: 400;"> — Enact is well-positioned to continue leading the charge in solar innovation. The platform&#8217;s newest features, including enhanced analytics, data services and maintenance alerts, are designed to further optimize the solar ownership experience for both residential and commercial clients.</span></p>
<p><span style="font-weight: 400;">At its core, Enact remains committed to simplifying the clean energy transition for all—whether you’re a homeowner looking to save on energy bills or a solar installer seeking a comprehensive, reliable solution for your customers.</span></p>
<p><span style="font-weight: 400;">Here’s to 10 years of innovation, growth and a brighter, more sustainable future with Enact Solar — cheers!</span></p>
<p>&nbsp;</p>
<h4><span style="font-weight: 400;">Written by David Bartle, content marketing associate</span></h4>
<h4><span style="font-weight: 400;">Reviewed by Shelly Littman, senior marketing manager</span></h4></div>
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		<title>Enact 2023 U.S. Solar and Storage Market Intelligence Report</title>
		<link>https://enact.solar/enact-2023-u-s-solar-and-storage-market-intelligence-report/</link>
					<comments>https://enact.solar/enact-2023-u-s-solar-and-storage-market-intelligence-report/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Tue, 21 May 2024 07:00:18 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=10093</guid>

					<description><![CDATA[Enact&#8217;s 2023 U.S. Solar and Storage Market Intelligence Report provides comprehensive insights into renewable energy adoption in the United States, focusing on trends, challenges, and the role of its two-sided platform in simplifying the process for consumers and empowering solar installers. The report highlights the proliferation of energy storage options, varying pricing structures and California&#8217;s [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><span style="font-weight: 400;">Enact&#8217;s 2023 U.S. Solar and Storage Market Intelligence Report provides comprehensive insights into renewable energy adoption in the United States, focusing on trends, challenges, and the role of its two-sided platform in simplifying the process for consumers and empowering solar installers.</span></p>
<p><span style="font-weight: 400;">The report highlights the proliferation of energy storage options, varying pricing structures and California&#8217;s leadership in residential solar-plus-storage sales. It also discusses rising energy consumption patterns, improving ROI for solar and storage investments, and the importance of installer service quality. Enact&#8217;s report aims to be a valuable resource for stakeholders in the solar and storage markets, supporting informed decision-making and the global transition to clean energy.</span></p>
<p><b>Keywords:</b><span style="font-weight: 400;"> solar energy, energy storage, residential solar, commercial solar, California solar, solar installers</span></p>
<div class="et_pb_button_module_wrapper et_pb_button_1_wrapper et_pb_button_alignment_center et_pb_module" style="padding: 20px 0 0;"><a class="et_pb_button et_pb_button_1 et_pb_bg_layout_light" href="https://enact.solar/wp-content/uploads/2024/05/Enact-2023-U.S.-Solar-and-Storage-Market-Intelligence-Report.pdf" target="_blank" rel="noopener noreferrer">Download Full Report</a></div>
<h2><span style="font-weight: 400;">Letter from  Enact CEO</span></h2>
<p><span style="font-weight: 400;">The award-winning Enact software platform is designed to transform and accelerate the implementation of clean energy globally. Enact is the only two-sided platform that allows customers — both residential and commercial — to simplify their entire solar and energy storage purchase, designed on Enact and delivered by local solar professionals. Enact also enables thousands of professionals across the globe to deliver projects and manage assets for long-term performance.</span></p>
<p><span style="font-weight: 400;">As a true two-sided platform, Enact not only helps customers purchase solar and storage systems but also helps solar installers with the all-in-one cloud software platform to design and manage projects. Enact is operating in more than 35 countries, generating over 136.9 million kilowatt-hours (kWh) of renewable energy and 95,677 metric tonnes of CO2 offset by solar projects by 2023. The Enact Platform has over $996 million (USD) of projects proposed in the U.S., over $12.8 billion of projects proposed globally and over 110 megawatts (MW) of systems monitored, as of Dec. 31, 2023.</span></p>
<p><span style="font-weight: 400;">As the adoption of storage picks up in markets like California, driven by net metering (NEM) policy changes, consumers need to size their solar and storage solutions based on their true consumption needs and return on investment (ROI) goals. Consumers also face a difficult hurdle of choosing from a wide range of equipment options and a changing installer landscape that offers a wide range of service levels. As soft costs make up 50% or more of the total end-customer offer, the final pricing is all over the place. Buying solar and storage has never been harder than now and Enact is proud to be their trusted advisor on this transition, leading with trust and transparency.</span></p>
<p><span style="font-weight: 400;">We are proud to publish our first U.S. market intelligence data report, which provides great insights on solar and storage market trends for both residential and commercial segments. Key insights on project pricing, as well as customer ROI trends, should help current players and new market entrants navigate more effectively. We have also included trends for the U.S. residential end-consumer’s buying experience as well as installer service levels.</span></p>
<p><span style="font-weight: 400;">We appreciate your feedback on this report, please share your comments and suggestions to help us improve this for the next time!</span></p>
<p><span style="font-weight: 400;">Thanks,</span></p>
<p><span style="font-weight: 400;">Deep Chakraborty</span></p>
<p><span style="font-weight: 400;">CEO, ENACT SYSTEMS INC.</span></p>
<p>&nbsp;</p>
<h2><span style="font-weight: 400;">Key 2023 Market Insights</span></h2>
<h3><span style="font-weight: 400;">Proliferation in energy storage brand options</span></h3>
<p><span style="font-weight: 400;">In the U.S. market, we saw more than a 100% increase in the number of energy storage brands being proposed on Enact between 2022 and 2023. With the advent of new storage brands and varying configuration options driven by size and type of solar/storage system sold, there has been a huge increase in complexity for consumers to navigate through, when making a buying decision. </span></p>
<p><span style="font-weight: 400;">For installers that are looking to scale-up, many struggled to manage their operations as they switched battery brands offered, as each product comes with its own learning curve for design, wiring and commissioning. While smaller installers might stick to a single battery option, mid-to-large players are offering three or more storage brands, which presents a new level of complexity for storage installation, maintenance and customer service teams.</span></p>
<h3><span style="font-weight: 400;">Increasing spread in pricing across brands    </span></h3>
<p><span style="font-weight: 400;">Residential sales with storage paired with solar increased along with the proliferation in the number of storage brands in 2023. We witnessed a wide range of system price proposed with average pricing at ~$3.60 per Watt ($/W) and peak pricing at ~$5.85/W for the top 30 different combinations of solar panel, inverter and energy storage shown below, with smaller systems having a price premium compared with larger systems. In Figures 1 and 2, we show the ten most commonly used panel, inverter and battery combinations used for residential projects in 2023.</span></p>
<p>&nbsp;</p>
<div id="attachment_10099" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10099" class="wp-image-10099 size-full" src="https://enact.solar/wp-content/uploads/2024/05/fig1.jpg" alt="Calculated dollar per Watt by solar panel, inverter and storage battery combinations for small residential projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig1.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig1-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10099" class="wp-caption-text"><strong>Figure 1:</strong> System pricing ($/W) for <strong>Solar-plus-Storage</strong> small residential projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<div id="attachment_10101" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10101" class="size-full wp-image-10101" src="https://enact.solar/wp-content/uploads/2024/05/fig2.jpg" alt="Calculated dollar per Watt by solar panel, inverter and storage battery combinations for large residential projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig2.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig2-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10101" class="wp-caption-text"><strong>Figure 2:</strong> System pricing ($/W) for <strong>Solar-plus-Storage</strong> large residential projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">One of the factors impacting storage system pricing is the configuration of the system. Some consumers choose to use storage for time-of-use arbitrage only (no back-up). Others spend extra to ensure a partial / full home back-up circuit is also installed, which can be a few thousand dollars extra per home.</span></p>
<p><span style="font-weight: 400;">While California led the residential solar-plus-storage market sales on our platform, sales of solar-only systems were strong in many other states. For residential solar-only systems, we also noticed a wide range of pricing. For the top combinations of solar panels and inverters the average pricing at $3.33/W and peak pricing at $5.12/W.</span></p>
<p>&nbsp;</p>
<div id="attachment_10102" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10102" class="wp-image-10102 size-full" src="https://enact.solar/wp-content/uploads/2024/05/fig3.jpg" alt="Calculated dollar per Watt by solar panel and inverter combinations for small residential projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig3.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig3-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10102" class="wp-caption-text"><strong>Figure 3:</strong> System pricing ($/W) for the top ten <strong>Solar-Only</strong> small residential projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<div id="attachment_10103" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10103" class="size-full wp-image-10103" src="https://enact.solar/wp-content/uploads/2024/05/fig4.jpg" alt="Calculated dollar per Watt by solar panel and inverter combinations for large residential projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig4.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig4-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10103" class="wp-caption-text"><strong>Figure 4:</strong> System pricing ($/W) for the top ten <strong>Solar-Only</strong> large residential projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">While SolarEdge and Enphase were the two dominant residential solar inverter brands in the U.S. market for our platform, we saw more than a 100% increase in the number of solar panel brands offered in 2023, compared to 2022, as several new entrants have arrived in the U.S. market, some with Made in USA panels.</span></p>
<p><span style="font-weight: 400;">For commercial systems for solar-plus-storage, we saw average system pricing for an average of $2.85/W and peak pricing of $4.19/W for the top 25 different combinations of solar panel, inverter and energy storage. The most commonly used manufacturer combinations for small and large commercial projects are shown below on Figures 5 and 6.</span></p>
<p>&nbsp;</p>
<div id="attachment_10104" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10104" class="size-full wp-image-10104" src="https://enact.solar/wp-content/uploads/2024/05/fig5.jpg" alt="Calculated dollar per Watt by solar panel, inverter and storage battery combinations for small commercial projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig5.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig5-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10104" class="wp-caption-text"><strong>Figure 5:</strong> System pricing ($/W) for the top ten <strong>Solar-plus-Storage</strong> small commercial projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p>&nbsp;</p>
<div id="attachment_10105" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10105" class="size-full wp-image-10105" src="https://enact.solar/wp-content/uploads/2024/05/fig6.jpg" alt="Calculated dollar per Watt by solar panel, inverter and storage battery combinations for large commercial projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig6.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig6-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10105" class="wp-caption-text"><strong>Figure 6:</strong> System pricing ($/W) for <strong>Solar-plus-Storage</strong> large commercial projects (U.S.), based on equipment combinations</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">The average price for commercial solar-only projects was $2.55/W and the peak price was $3.57/W across multiple solar panel / inverter combinations as shown below on Figure 7.</span></p>
<p>&nbsp;</p>
<div id="attachment_10106" style="width: 806px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10106" class="size-full wp-image-10106" src="https://enact.solar/wp-content/uploads/2024/05/fig7.jpg" alt="Calculated dollar per Watt by solar panel and inverter combinations for small and large commercial projects in 2023" width="796" height="575" srcset="https://enact.solar/wp-content/uploads/2024/05/fig7.jpg 796w, https://enact.solar/wp-content/uploads/2024/05/fig7-480x347.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 796px, 100vw" /><p id="caption-attachment-10106" class="wp-caption-text"><strong>Figure 7:</strong> System pricing ($/W) for the top ten <strong>Solar-Only</strong> small commercial projects (U.S.) and the top large projects, based on equipment combinations</p></div>
<p>&nbsp;</p>
<h3><span style="font-weight: 400;">Increasing consumption patterns </span></h3>
<p><span style="font-weight: 400;">As we compared the average consumer pre-project energy consumption with electric bill values for customers, we noticed a 5% increase in the median bill and a </span><b>37.72% higher pre-solar annual energy consumption level</b><span style="font-weight: 400;"> for customers seeking solar and/or storage options in 2023 when compared to 2022.</span></p>
<p>&nbsp;</p>
<div id="attachment_10107" style="width: 1034px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10107" class="wp-image-10107 size-full" src="https://enact.solar/wp-content/uploads/2024/05/fig9.jpg" alt="Increasing electricity consumption pattern comparison from 2022 to 2023, measuring pre-solar annual electric bill in dollars and pre-solar annual electrical consumption in kilowatt-hours" width="1024" height="768" srcset="https://enact.solar/wp-content/uploads/2024/05/fig9.jpg 1024w, https://enact.solar/wp-content/uploads/2024/05/fig9-980x735.jpg 980w, https://enact.solar/wp-content/uploads/2024/05/fig9-480x360.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1024px, 100vw" /><p id="caption-attachment-10107" class="wp-caption-text"><strong>Figure 9:</strong> Average annual electric bill and consumption for clients seeking solar / storage solutions in the U.S., 2023 vs 2022</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Increasing electric bills are a steady national trend from prior years, the higher energy-consumption levels of incoming customers can be explained by multiple factors — an increase of electric vehicle sales, growing use of electric appliances and increase in extreme climate events driving heating and cooling usage. Rising electric rates is also a national trend and consumers with high annual consumption (seeing larger bills) have a higher propensity to look for solar and storage solutions.</span></p>
<h3><span style="font-weight: 400;">Improving Solar-plus-Storage ROI</span></h3>
<p><span style="font-weight: 400;">Another major trend we have seen is the </span><b>improving ROI of solar and storage investments</b><span style="font-weight: 400;">. A classic example is the State of California, where the recent change in NEM policy has drawn a lot of attention. However, we found the payback period under </span><a href="https://enact.solar/is-solar-still-worth-it-for-homeowners-under-nem-3-0/"><b>NEM 3.0</b></a><span style="font-weight: 400;"> for residential solar and storage in California is shorter at ~5.5 years in 2024 (NEM 3.0), compared to ~7.6 years for customers who signed on in 2023 (under NEM 2.0), as shown on Figure 10 below. These figures are based on an 8 kilowatt (kW) solar system with 100% energy offset, priced at $2.90/W, with a storage add-on priced at $13,000 for a 10 kWh battery, fully installed.</span></p>
<p>&nbsp;</p>
<div id="attachment_10108" style="width: 954px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10108" class="size-full wp-image-10108" src="https://enact.solar/wp-content/uploads/2024/05/fig10.jpg" alt="Table comparing solar-only and solar-plus-storage payback periods between NEM 2.0 and NEM 3.0 consumer results in California between March 2023, May 2023, January 2024 and forecasted results for 2024" width="944" height="300" srcset="https://enact.solar/wp-content/uploads/2024/05/fig10.jpg 944w, https://enact.solar/wp-content/uploads/2024/05/fig10-480x153.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 944px, 100vw" /><p id="caption-attachment-10108" class="wp-caption-text"><strong>Figure 10:</strong> Payback, in years, for Solar-Only or Solar-plus-Storage investments under different net metering scheme, PG&amp;E territory</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Last year, California rolled out a new solar policy, called NEM 3.0 — which replaced the old net metering (NEM 2.0) system with net billing. Under the old scheme, homeowners could earn credits at market rates for extra solar energy they sent to the grid. Many homeowners often produced more electricity than they used. However, with the new net billing policy, the compensation for exported energy is significantly lower — around 75% less.</span></p>
<p><span style="font-weight: 400;">This change stirred some worry in the solar industry, as it seemed like going solar might not be as financially rewarding, which is clearly not the case. Even though the net export incentives have shifted, the NEM policy changes have not reduced the attractiveness of such investments — this is driven by two primary reasons: (i) a continued increase in utility grid prices and (ii) a continued drop in solar and storage hardware prices. Both of these factors have helped improve the customer value proposition.</span></p>
<h3><span style="font-weight: 400;">Varying installer service levels</span></h3>
<p><span style="font-weight: 400;">As Enact expanded its two-sided platform in the U.S. market, over 5,000 homes were serviced directly by Enact’s team with designs and offers for their solar and/or storage needs. Hundreds of homes completed installations in 2023, completed by installers enrolled in Enact’s partner program. </span></p>
<p><span style="font-weight: 400;">Enact partner rating aims to evaluate installers based on different criteria. These criteria are defined after extensive discussions and research with our domain experts. Our digital platform captures data at every step and this helps rate the customer journey and the installer’s quality of service. In 2023, we found a wide variance in service levels. As an example, just in California alone, amongst a selection of seven preferred installers, the best installer has a rating that was two times better than the worst performer. </span></p>
<p>&nbsp;</p>
<div id="attachment_10109" style="width: 950px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-10109" class="size-full wp-image-10109" src="https://enact.solar/wp-content/uploads/2024/05/fig11.jpg" alt="Enact Solar installer partnership study, comparing seven installers on service metrics, showing wide variance" width="940" height="788" srcset="https://enact.solar/wp-content/uploads/2024/05/fig11.jpg 940w, https://enact.solar/wp-content/uploads/2024/05/fig11-480x402.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 940px, 100vw" /><p id="caption-attachment-10109" class="wp-caption-text"><strong>Figure 11:</strong> Ratings among seven solar installation businesses in California, each business is a member of Enact’s Insider partner program</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">The rating utilizes the criteria listed below, providing a rating between 0 to 10. This system facilitates the efficient matching of installers with projects, reducing the reliance on individual domain expertise. Moreover, it enables the identification of underperforming installers and offers insights into areas for improvement.</span></p>
<p><span style="font-weight: 400;">Enact’s rating criteria relies on multiple factors, including: days to the completion of survey, design, permit issuance, installation and PTO approval; and internal benchmarks.In formulating the rating system, we recognized the necessity for differential impact and that each criterion should not carry the same weight for the installer. Therefore, we assigned a weight to each criterion to reflect its importance, resulting in the final rating.</span><span style="font-weight: 400;"><br />
</span></p>
<h2><span style="font-weight: 400;">Summary</span></h2>
<p><span style="font-weight: 400;">Last year was a year of transition for many U.S. solar installers, especially for those in California that had to navigate changing policies as well as tough marketplace dynamics due to high interest rates. Many installation companies went out of business and consumers are wary of choosing their installers without any third-party data and guidance.</span></p>
<p><span style="font-weight: 400;">Enact’s platform is helping consumers on this important step of their journey, not just providing independent design recommendations, but also vetting the installers that build their projects and ensuring projects delivered by them meet desired levels of performance and savings measured on the Enact Consumer App.</span></p>
<p><span style="font-weight: 400;">As the market intelligence data shows, the consumer’s transition to solar / storage has never been more challenging. While the good news is that their ROI is improving, thanks to falling storage equipment pricing and rising electric rates, the process to select the right solution for their home can be a daunting task. </span></p>
<p><span style="font-weight: 400;">Multiple factors — such as the growing number of equipment options, wide variance in final pricing and a huge spread in installer service levels — can make it difficult for consumer decision making on an expensive purchase for their home. </span></p>
<p><span style="font-weight: 400;">Enact’s platform offers trusted, independent advice and recommendations based on the consumer’s energy consumption needs and then selects the best, vetted installer in their local region, based on real data from past projects.</span></p>
<h2><span style="font-weight: 400;">Contributors</span></h2>
<p><span style="font-weight: 400;">Contributions to the Enact 2023 Solar and Storage Market Intelligence Report were made by Enact CEO &amp; Cofounder Deep Chakraborty, Head of Product &amp; Cofounder Manasij Kar, Data Strategy Associate Navya Mishra, Director of Sales (U.S.) Mark Chapman, Manager of Technical Services Marco Casalegno, Senior Manager of Marketing Shelly Littman and Marketing Associate David Bartle</span></p>
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		<title>A look back at 2023 with Enact</title>
		<link>https://enact.solar/a-look-back-at-2023-with-enact/</link>
					<comments>https://enact.solar/a-look-back-at-2023-with-enact/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Fri, 12 Jan 2024 19:21:34 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.solar/?p=9064</guid>

					<description><![CDATA[How Enact accelerated the global transition to clean energy in 2023 2023 was a historic year — the world continues to ease out of the COVID-19 pandemic, technological innovations brought the advent of AI tools and climate change solutions. Enact also had a big 2023, including significant updates to our design software and consumer solar [&#8230;]]]></description>
										<content:encoded><![CDATA[<h3><span style="font-weight: 400;">How Enact accelerated the global transition to clean energy in 2023</span></h3>
<p><span style="font-weight: 400;">2023 was a historic year — the world continues to ease out of the COVID-19 pandemic, technological innovations brought the advent of AI tools and climate change solutions. </span></p>
<p><span style="font-weight: 400;">Enact also had a big 2023, including significant updates to our design software and consumer solar monitoring software platforms. We also participated in over a dozen events around the world and webinars, highlighting how we accelerate the transition to clean energy in over 25 countries. Enact’s consumer services business now expanded in California to service thousands of homeowners on their transition to solar and storage, working directly with the Enact team.</span></p>
<div class="summary-box-blog">
<h4><span style="font-weight: 400;">Enact Platform Data as of 2023</span></h4>
<ul>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Over </span><b>$996 million (USD</b><span style="font-weight: 400;">) of Projects Proposed in the U.S.</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Over </span><b>$12.8 billion (USD)</b><span style="font-weight: 400;"> of Projects Proposed Globally</span></li>
<li style="font-weight: 400;" aria-level="1"><span style="font-weight: 400;">Over </span><b>110 MW</b><span style="font-weight: 400;"> of systems monitored (as of Dec 31, 23)</span></li>
</ul>
</div>
<h2><span style="font-weight: 400;">The next generation of solar software solutions</span></h2>
<h3><span style="font-weight: 400;">New and improved design software for installers </span></h3>
<p><span style="font-weight: 400;">Enact </span><a href="https://enact.solar/enact-upgrades-solar-design-software-to-significantly-optimize-design-efficiency/"><span style="font-weight: 400;">announced</span></a><span style="font-weight: 400;"> a major upgrade to its solar design software in November, aimed at enhancing the productivity of solar installers. The 2024 version provides rapid design and implementation features, such as automatic height and pitch detection, transforming the planning and execution of solar and energy storage projects. </span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">Enact for Installers provides an all-in-one cloud software platform that assists sales and installation professionals at every step of the solar and storage journey. Offering remote design through high-resolution satellite imagery, the cloud platform generates rapid proposals with detailed pricing and energy analytics, facilitating quicker sales pipeline growth and seamless project management. The update empowers installers to leverage data for more accurate project designs, incorporating features like effortless 3D modeling and shading analysis optimization.</span></p>
<p><span style="font-weight: 400;">Additionally, Enact introduced the </span><a href="https://enact.solar/check-out-enacts-next-generation-solar-design-tool/"><span style="font-weight: 400;">next-generation</span></a><span style="font-weight: 400;"> solar design and sales platform, Enact for Installers, offering innovative features like auto-detect tools, on-screen summaries, accurate shading analysis, storage modeling, extensive data visualization, finance integration and document management with DocuSign. Enact&#8217;s global presence and Solar Design as a Service (DaaS) capabilities further support solar businesses worldwide.</span></p>
<div id="attachment_9071" style="width: 990px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9071" class="size-full wp-image-9071" src="https://enact.solar/wp-content/uploads/2024/01/The-updated-next-generation-Enact-for-Installers-solar-design-and-sales-platform-was-launched-in-2023.png" alt="" width="980" height="654" srcset="https://enact.solar/wp-content/uploads/2024/01/The-updated-next-generation-Enact-for-Installers-solar-design-and-sales-platform-was-launched-in-2023.png 980w, https://enact.solar/wp-content/uploads/2024/01/The-updated-next-generation-Enact-for-Installers-solar-design-and-sales-platform-was-launched-in-2023-480x320.png 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 980px, 100vw" /><p id="caption-attachment-9071" class="wp-caption-text">The updated, next-generation Enact for Installers solar design and sales platform was launched in 2023.</p></div>
<h3></h3>
<h3><span style="font-weight: 400;">Proposal Design-as-a-Service (DaaS)</span></h3>
<p><span style="font-weight: 400;">Over the summer, Enact launched our proposal </span><a href="https://enact.solar/proposal-design-as-a-service/"><span style="font-weight: 400;">Design as a Service</span></a><span style="font-weight: 400;"> offering to solar installation professionals. Enact&#8217;s global in-house design team ensures quick turnaround times, with same-day delivery for proposals and ongoing support for edits. The new service compliments Enact’s existing installer design and sales software, aimed at empowering installers. </span></p>
<p><span style="font-weight: 400;">DaaS offers the creation of fast, accurate and customizable solar and energy storage system designs. The three-step process involves filling out a form with the project address, providing the latest utility bill and submitting the request for a solar proposal. </span></p>
<p><span style="font-weight: 400;">Part of Enact’s mission is to accelerate the transition to clean energy by improving the customer journey for purchase and ownership of solar and storage projects. DaaS supports installers by making it easier for them to present attractive proposals to customers easily</span></p>
<div id="attachment_9066" style="width: 1610px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9066" class="size-full wp-image-9066" src="https://enact.solar/wp-content/uploads/2024/01/DaaS-is-an-easy-three-step-process-to-getting-fast-accurate-solar-and-storage-proposals.png" alt="" width="1600" height="509" srcset="https://enact.solar/wp-content/uploads/2024/01/DaaS-is-an-easy-three-step-process-to-getting-fast-accurate-solar-and-storage-proposals.png 1600w, https://enact.solar/wp-content/uploads/2024/01/DaaS-is-an-easy-three-step-process-to-getting-fast-accurate-solar-and-storage-proposals-1280x407.png 1280w, https://enact.solar/wp-content/uploads/2024/01/DaaS-is-an-easy-three-step-process-to-getting-fast-accurate-solar-and-storage-proposals-980x312.png 980w, https://enact.solar/wp-content/uploads/2024/01/DaaS-is-an-easy-three-step-process-to-getting-fast-accurate-solar-and-storage-proposals-480x153.png 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1600px, 100vw" /><p id="caption-attachment-9066" class="wp-caption-text">DaaS is an easy, three step process to getting fast, accurate solar and storage proposals.</p></div>
<h2></h2>
<h2><span style="font-weight: 400;">Improved, independent solar monitoring software</span></h2>
<p><span style="font-weight: 400;">Enact has released an updated Enact Home app, offering enhanced features for both residential and commercial solar and storage owners. Designed for use with existing or new purchases of solar panels, the app provides personalized insights to optimize the solar experience and return on investment, integrating with all major solar inverter brands.</span></p>
<p><span style="font-weight: 400;">Notable feature additions include the ability to track daily and monthly savings for systems maximizing self-consumption, ensuring greater transparency. Users can view solar generation, monthly savings and battery charging status, fostering confidence in system performance. The app alerts users and installers if the system goes offline or is inactive for over 72 hours. </span></p>
<p><span style="font-weight: 400;">Enact Home also introduces a &#8220;percentage paid off&#8221; calculation, facilitating a clear understanding of the system&#8217;s return on investment through utility savings. Monthly reports ensure solar homeowners receive the promised benefits, aligning with Enact&#8217;s commitment to simplifying solar ownership and advancing the transition to clean energy.</span></p>
<div id="attachment_9065" style="width: 1765px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9065" class="size-full wp-image-9065" src="https://enact.solar/wp-content/uploads/2024/01/An-updated-Enact-Home-solar-monitoring-platform-user-interface-was-launched-in-2023.png" alt="" width="1755" height="1052" srcset="https://enact.solar/wp-content/uploads/2024/01/An-updated-Enact-Home-solar-monitoring-platform-user-interface-was-launched-in-2023.png 1755w, https://enact.solar/wp-content/uploads/2024/01/An-updated-Enact-Home-solar-monitoring-platform-user-interface-was-launched-in-2023-1280x767.png 1280w, https://enact.solar/wp-content/uploads/2024/01/An-updated-Enact-Home-solar-monitoring-platform-user-interface-was-launched-in-2023-980x587.png 980w, https://enact.solar/wp-content/uploads/2024/01/An-updated-Enact-Home-solar-monitoring-platform-user-interface-was-launched-in-2023-480x288.png 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1755px, 100vw" /><p id="caption-attachment-9065" class="wp-caption-text">An updated Enact Home solar monitoring platform user interface was launched in 2023.</p></div>
<h2></h2>
<h2><span style="font-weight: 400;">Expanding Solar Software access to users globally</span></h2>
<p><span style="font-weight: 400;">Enact’s software platform has now expanded to users in over 25 countries around the world. Across the globe, Enact’s digital platform offers solar and energy storage solutions to installers, accelerating their growth and the global transition to clean energy. During 2023, Enact expanded its solar software offering and services offering for UAE, Germany, Japan and Australia. </span></p>
<h3><span style="font-weight: 400;">The United Arab Emirates</span></h3>
<p><span style="font-weight: 400;">Over the past year, Enact </span><a href="https://enact.solar/enact-proud-to-expand-uae-operations/"><span style="font-weight: 400;">expanded</span></a><span style="font-weight: 400;"> its operations in the United Arab Emirates and MENA region. Our platform has been empowering installers with solar software since 2017. The UAE is a promising market for residential and commercial solar energy</span></p>
<p><span style="font-weight: 400;">Early this summer, Enact was proud to </span><a href="https://seedgroup.com/wp-content/uploads/2023/02/Press-Release-Seed-Group-teams-up-with-California-based-ENACT-to-further-sustainability-efforts-in-the-UAE-and-the-region.pdf"><span style="font-weight: 400;">announce</span></a><span style="font-weight: 400;"> new developments and partnerships in the UAE. Enact partnered with </span><a href="https://seedgroup.com/"><span style="font-weight: 400;">Seed Group</span></a><span style="font-weight: 400;">, under the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to bring solar solutions to the UAE. In December, Enact and Sharaf DG Energy achieved </span><a href="https://enact.solar/sharaf-dg-energy-and-enact-announce-uae-partnership-milestones-to-accelerate-the-deployment-of-clean-energy/"><span style="font-weight: 400;">significant milestones</span></a><span style="font-weight: 400;"> in partnership to drive clean energy deployment in the Emirates. Sharaf DG Energy — a part of the Sharaf Group — completed over 85 MW of commercial/industrial projects and over 1,100 residential projects in the UAE market, in collaboration with the Enact platform. The company utilized Enact&#8217;s platform to facilitate the switch to solar energy for residential customers and SMBs. </span></p>
<p><span style="font-weight: 400;">Solar projects deployed by </span><a href="https://www.energy.sharafdg.com/"><span style="font-weight: 400;">Sharaf DG Energy</span></a><span style="font-weight: 400;"> generate approximately 140,000 MWh of clean energy annually, offsetting around 100,000 metric tons of CO2. The collaboration underscores the growth of the solar market in the UAE and the positive impact on clean energy acceleration in the region.</span></p>
<h3><span style="font-weight: 400;">Germany</span></h3>
<p><span style="font-weight: 400;">Enact has </span><a href="https://www.renewableenergymagazine.com/pv_solar/enact-launches-new-platform-in-germany-to-20230728"><span style="font-weight: 400;">introduced</span></a><span style="font-weight: 400;"> its platform in Germany to aid solar installers in reducing time spent on back-office tasks and system design. In response to the skilled labor shortage in the German solar sector, Enact&#8217;s platform streamlines efficiency and focuses on core competencies. The software enables solar professionals to design residential or commercial solar and storage proposals rapidly, offering detailed layout design, 3D shading analysis, system sizing and savings analysis based on local electricity rates. Beyond proposals, the platform streamlines project contracts, documents and timelines. Solar companies can customize proposals in German and opt for Enact&#8217;s design service for same-day turnaround, allowing efficient scaling of sales pipelines.</span></p>
<h3><span style="font-weight: 400;">Japan</span></h3>
<p><span style="font-weight: 400;">Enact has </span><a href="https://enact.solar/japan-daas/"><span style="font-weight: 400;">introduced </span></a><span style="font-weight: 400;">its platform in Japan, to support Solar installers on proposals and design-as-a-service projects in Japanese language. Enact now offers fast, accurate and customizable solar and energy storage system designs in Japan. The three-step process involves filling out a form with the project address, providing the latest utility bill and submitting the request for a solar proposal, for both residential and commercial projects.</span></p>
<h3><span style="font-weight: 400;">Australia</span></h3>
<p><span style="font-weight: 400;">Enact has launched its software platform in </span><a href="https://enact.solar/australia-daas/"><span style="font-weight: 400;">Australia</span></a><span style="font-weight: 400;">, aiming to streamline solar and storage business operations. Recognizing Australia&#8217;s position as a global solar leader, Enact aims to contribute to the nation&#8217;s sustainable energy future. The company also introduced Solar Design as a Service (DaaS) for Australian installers, providing fast, accurate solar proposals to meet growing demand for renewable energy projects.</span></p>
<h2><span style="font-weight: 400;">Enabling solar solutions around the world</span></h2>
<p><span style="font-weight: 400;">2023 was a busy year for Enact — not only has our team innovated our platform, but we’ve attended over 15 events across the U.S. and </span><a href="https://enact.solar/enact-is-the-solar-storage-solution-for-puerto-rico/"><span style="font-weight: 400;">Puerto Rico</span></a><span style="font-weight: 400;">, the UAE, Germany, </span><a href="https://enact.solar/embracing-the-sun-how-indian-government-subsidies-light-the-way-to-a-sustainable-future/"><span style="font-weight: 400;">India</span></a><span style="font-weight: 400;"> and Australia.</span></p>
<h3><span style="font-weight: 400;">COP28</span></h3>
<p><span style="font-weight: 400;">The 2023 United Nations Climate Change Conference, also known as </span><a href="https://www.google.com/search?q=COP28&amp;rlz=1C5GCEM_enUS1069US1070&amp;oq=Cop28&amp;gs_lcrp=EgZjaHJvbWUqEQgAEEUYOxhDGLEDGIAEGIoFMhEIABBFGDsYQxixAxiABBiKBTIKCAEQABixAxiABDIHCAIQABiABDIKCAMQABixAxiABDIKCAQQABixAxiABDIKCAUQABixAxiABDIKCAYQABixAxiABDIGCAcQRRg90gEIMTU4OGowajSoAgCwAgA&amp;sourceid=chrome&amp;ie=UTF-8"><span style="font-weight: 400;">COP28</span></a><span style="font-weight: 400;">, was held in Dubai. This conference aimed to address climate change and develop policies to limit global temperature rises. Enact was proud to attend the event and participate in the region’s transition to clean energy sources.</span></p>
<p><span style="font-weight: 400;">The importance for Enact lies in the global commitment to move away from carbon energy sources and achieve </span><a href="https://www.un.org/en/climatechange/net-zero-coalition"><span style="font-weight: 400;">net-zero</span></a><span style="font-weight: 400;"> emissions by 2050. This commitment aligns with Enact&#8217;s focus on solar energy adoption and sustainability. The conference&#8217;s emphasis on renewable energy, including the pledge to triple global renewable energy capacity by 2030, signifies a significant step forward for the solar energy industry.</span></p>
<p><span style="font-weight: 400;">For Enact, the COP28 outcomes underscore the growing global momentum toward renewable energy solutions, presenting both opportunities and challenges for the solar energy sector. It was an honor to participate in the historic event.  </span></p>
<div id="attachment_9070" style="width: 970px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9070" class="size-full wp-image-9070" src="https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-participated-in-COP28-in-Dubai-UAE.jpg" alt="" width="960" height="1280" srcset="https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-participated-in-COP28-in-Dubai-UAE.jpg 960w, https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-participated-in-COP28-in-Dubai-UAE-480x640.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) 960px, 100vw" /><p id="caption-attachment-9070" class="wp-caption-text">The Enact team participated in COP28 in Dubai, UAE.</p></div>
<h3></h3>
<h3><span style="font-weight: 400;">Big 5 Global</span></h3>
<p><span style="font-weight: 400;">Enact proudly exhibited at the </span><a href="https://www.big5global.com/"><span style="font-weight: 400;">Big 5 Global</span></a><span style="font-weight: 400;"> event in Dubai this year, showcasing the Enact software platform&#8217;s capabilities in accelerating residential and commercial solar and energy storage installations in the UAE. As a leading player in the solar energy software sector, Enact attended the event to demonstrate how our platform aligns with the global shift towards sustainable energy solutions.</span></p>
<p><span style="font-weight: 400;">Big 5 Global, recognized as the largest and most influential construction industry event, provided a unique platform for Enact to connect with key stakeholders, including real estate developers, architects, contractors, and industry professionals from around the world. The event&#8217;s commitment to uniting the global construction community and fostering sustainable innovation resonates with Enact&#8217;s mission.</span></p>
<p><span style="font-weight: 400;">Our participation in the Big 5 Global event underscores Enact&#8217;s dedication to driving progress in sustainable development. By leveraging the Enact software platform, attendees witnessed how we contribute to economic growth and the advancement of renewable energy solutions. As the industry navigates a new era, Enact remains at the forefront, empowering construction professionals to excel in their projects and embrace a more sustainable future.</span></p>
<div id="attachment_9069" style="width: 1290px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9069" class="size-full wp-image-9069" src="https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-exhibiting-at-the-Big-5-Global-Show-in-Dubai-UAE.jpg" alt="" width="1280" height="960" srcset="https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-exhibiting-at-the-Big-5-Global-Show-in-Dubai-UAE.jpg 1280w, https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-exhibiting-at-the-Big-5-Global-Show-in-Dubai-UAE-980x735.jpg 980w, https://enact.solar/wp-content/uploads/2024/01/The-Enact-team-exhibiting-at-the-Big-5-Global-Show-in-Dubai-UAE-480x360.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) 1280px, 100vw" /><p id="caption-attachment-9069" class="wp-caption-text">The Enact team exhibiting at the Big 5 Global Show in Dubai, UAE.</p></div>
<h3></h3>
<h3><span style="font-weight: 400;">RE+</span></h3>
<p><span style="font-weight: 400;">RE+ is one the the largest clean energy events, not only in North America but around the world. Taking place from September 12-14 in Las Vegas, Enact </span><a href="https://pv-magazine-usa.com/press-releases/enact-exhibiting-at-re-to-showcase-award-winning-software-for-installers-to-grow-their-solar-and-storage-businesses/"><span style="font-weight: 400;">showcased</span></a><span style="font-weight: 400;"> the recently launched DaaS offering and the upgraded Enact Home consumer solar monitoring app.</span></p>
<p><span style="font-weight: 400;">Enact also attended RE+ Mid-Atlantic in Philadelphia and RE+ Midwest in Chicago, showcasing our two-sided platform and making valuable connections in American markets outside California.</span></p>
<h3><span style="font-weight: 400;">InterSolar North America 2023</span></h3>
<p><span style="font-weight: 400;">InterSolar North America is another major solar and energy storage event, taking place in Long Beach, California last January. At </span><a href="https://enact.solar/installer-blog-intersolar2023/"><span style="font-weight: 400;">InterSolar North America</span></a><span style="font-weight: 400;">, Enact exhibited our two-sided platform for installers, consumers and for solar monitoring. In Long Beach, the Enact team showcased product updates, emphasizing powerful solar-plus-storage design capabilities and features such as tracking system outages and managing referrals in their consumer app. Enact also participated in InterSolar’s European event in </span><a href="https://www.renewableenergymagazine.com/pv_solar/enact-launches-new-platform-in-germany-to-20230728"><span style="font-weight: 400;">Munich, Germany</span></a><span style="font-weight: 400;">.</span></p>
<h3><span style="font-weight: 400;">WETEX</span></h3>
<p><span style="font-weight: 400;">Enact exhibited at </span><a href="https://enact.solar/enact-at-wetex-2023-in-dubai-a-spotlight-on-solar-energy/"><span style="font-weight: 400;">WETEX 2023</span></a><span style="font-weight: 400;"> and Dubai Solar Show in Dubai, highlighting our commitment to clean energy in the UAE. WETEX is a major global sustainability gathering — focused on energy, water, green development and sustainability. The participation aligns with Dubai&#8217;s Clean Energy Strategy 2050 and Net Zero Carbon Emissions Strategy.</span></p>
<h2><span style="font-weight: 400;">“Solar Simplified” for Consumers in California </span></h2>
<p><span style="font-weight: 400;">Enact’s direct-to-consumer sales and marketing team worked with thousands of homeowners in California on their solar purchase and ownership journey and hundreds of them have now completed their solar purchase and installation, designed by Enact’s team and installed by Enact’s preferred installation partners. Homeowners like </span><a href="https://youtu.be/q7yPhFXvwig"><span style="font-weight: 400;">Julie</span></a><span style="font-weight: 400;"> and </span><a href="https://youtu.be/TFCOZ3FnIls"><span style="font-weight: 400;">Hooman</span></a><span style="font-weight: 400;"> had an excellent experience working with Enact, on managing their clean energy transition. As Enact gains traction on this unique new business model, several leading partners like retailers and home-builders have started partnering with Enact to leverage Enact’s platform and Services team to support similar efforts.</span></p>
<h2><span style="font-weight: 400;">Managing California’s NEM 3.0 Transition</span></h2>
<p><span style="font-weight: 400;">California is one of the largest solar markets in the U.S. which saw changes under </span><a href="https://www.vox.com/ad/23727390/california-new-net-metering-policies"><span style="font-weight: 400;">NEM 3.0</span></a><span style="font-weight: 400;">. The new policy, implemented in April, saw a 75% reduction in solar export rates, impacting compensation for excess solar energy sent to the grid.</span></p>
<div id="attachment_9067" style="width: 1034px" class="wp-caption aligncenter"><img loading="lazy" decoding="async" aria-describedby="caption-attachment-9067" class="size-full wp-image-9067" src="https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset.png" alt="" width="1024" height="416" srcset="https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset.png 1024w, https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset-300x122.png 300w, https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset-768x312.png 768w, https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset-980x398.png 980w, https://enact.solar/wp-content/uploads/2024/01/Pacific-Gas-and-Electric–8-kW-solar-plus-storage-scenarios-104-energy-offset-480x195.png 480w" sizes="auto, (max-width: 1024px) 100vw, 1024px" /><p id="caption-attachment-9067" class="wp-caption-text">Pacific Gas and Electric – 8 kW solar plus storage scenarios (~104% energy offset).</p></div>
<p>&nbsp;</p>
<p><span style="font-weight: 400;">Homes and businesses with qualifying solar systems installed before the April deadline were grandfathered in under NEM 2.0 Subsequently, demand for home solar systems soared in early 2023.</span></p>
<p><span style="font-weight: 400;">The Enact platform facilitated the </span><a href="https://enact.solar/installer-blog-enact-and-nem-3-0/"><span style="font-weight: 400;">modeling of NEM 3.0 rates</span></a><span style="font-weight: 400;"> and enabled users to compare the effects of NEM 3.0 versus NEM 2.0 — particularly focusing on the benefits of solar plus storage configurations.</span></p>
<p><span style="font-weight: 400;">Using a residential example with varying solar/storage sizes, Enact illustrates the impact on average payback across major California utilities. Notably, </span><a href="https://enact.solar/5-benefits-of-a-home-battery/"><span style="font-weight: 400;">solar-plus-storage</span></a><span style="font-weight: 400;"> systems saw shortened payback periods compared to solar-only systems under the new policy.</span></p>
<h2><span style="font-weight: 400;">New insights on California’s solar market</span></h2>
<p><span style="font-weight: 400;">The Enact marketing team released a research report titled “</span><a href="https://enact.solar/understanding-residential-solar-consumers-in-california/"><span style="font-weight: 400;">Understanding residential solar consumers in California</span></a><span style="font-weight: 400;">” to our Industry Updates blog in September. The research report on California’s residential solar market, conducted through a survey of 482 homeowners with installed solar systems, reveals crucial insights for solar installers.</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;"><br />
</span><span style="font-weight: 400;">The study identifies key findings, highlighting that higher-cost solar systems (above $25,000) are more likely to require maintenance, emphasizing the importance of system quality for long-term customer satisfaction. The findings also underscore that higher-income participants express increased interest in solar monitoring apps, demonstrating the potential for technological solutions to cater to diverse customer segments.</span></p>
<p><span style="font-weight: 400;">The research delves into consumer motivations, payment methods, satisfaction levels and preferences for various regions and income brackets. For solar installers, this data serves as a valuable guide, offering insights into market trends, customer preferences and potential pain points in the sales process. </span></p>
<p><span style="font-weight: 400;">Understanding the impact of cost, income, region and system age on homeowner behavior and motivations is crucial for tailoring sales strategies, enhancing customer experiences and addressing specific needs in different market segments. Overall, the research equips solar professionals with essential information to navigate and succeed in the dynamic California residential solar market.</span></p>
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		<title>Enact Systems Receives Series A Financing to Accelerate Growth</title>
		<link>https://enact.solar/enact-systems-receives-series-a-financing-to-accelerate-growth/</link>
					<comments>https://enact.solar/enact-systems-receives-series-a-financing-to-accelerate-growth/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Wed, 16 Nov 2022 17:34:42 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[UAE Installer]]></category>
		<guid isPermaLink="false">https://enact.hyperfrontier.com/enact-systems-receives-series-a-financing-to-accelerate-growth/</guid>

					<description><![CDATA[Enact has recently received a Series A financing of $11.5 million from Energy Growth Momentum. It is a growth capital fund promoting digital technologies related to the energy sector. Other investors involved were NB Ventures, Olympus Capital, ARKA Venture Labs, Alumni Venture Funds, and some angel investors.]]></description>
										<content:encoded><![CDATA[<p>California-based Enact Systems is one of the <a href="https://enact.solar/">top solar software companies</a>, offering a platform for solar installers and consumers. Enact’s two-sided platform enables sales teams to design, price and sell remotely, finalize contracts and track project execution. End-customers can also leverage Enact’s platform to manage their solar and energy storage transition and track financial outcomes</p>
<p>Enact has recently received a Series A financing of $11.5 million from Energy Growth Momentum. It is a growth capital fund promoting digital technologies related to the energy sector. Other investors involved were NB Ventures, Olympus Capital, ARKA Venture Labs, Alumni Venture Funds, and some angel investors.</p>
<p>Since its debut in 2014, Enact Systems has progressively increased the capabilities of its solar software platform. With this funding, Enact will be able to help accelerate the global climate transition through more rapid adoption of renewable energy.</p>
<p>Solar and energy storage are rising as new purchasing categories across key metropolitan markets globally. With this, Enact is prepared for substantial expansion in the future. Enact’s expanding two-sided platform allows sales teams to present appealing solar offers remotely, confirm contracts, and monitor the progress of solar projects. This robust two-sided platform uses data analytics to enhance client experience and outcomes. ENACT’s platform processes projects worth more than $1.5 billion annually in 20+ countries at present.</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-313" src="https://enact.solar/wp-content/uploads/2023/04/Enacts-Installer-App.png" alt="" width="1610" height="773" srcset="https://enact.solar/wp-content/uploads/2023/04/Enacts-Installer-App.png 1610w, https://enact.solar/wp-content/uploads/2023/04/Enacts-Installer-App-1280x615.png 1280w, https://enact.solar/wp-content/uploads/2023/04/Enacts-Installer-App-980x471.png 980w, https://enact.solar/wp-content/uploads/2023/04/Enacts-Installer-App-480x230.png 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1610px, 100vw" /></p>
<p>Enact’s Installer App helps providers boost sales of their solar and storage business and achieve faster project execution. The Installer App uses satellite images to create remote designs in 3D visualization in minutes, leading to detailed proposals with pricing and financing options.</p>
<p>Enact’s Installer App platform also helps manage projects seamlessly. The sales and operations teams use Enact to track and manage leads, documents, and contracts, significantly influencing the installer company’s internal operations by enabling a more effective workflow. The platform also allows users to keep a close eye on all contracts, related documents, and site images to avoid misplacing.</p>
<p>Enact’s Consumer App helps end-customers to manage their solar and energy storage transition and live tracking of financial outcomes. Enact’s Consumer App integrates with all major inverter and energy storage brands, as well as utility smart-meter consumption data to offer a single source of truth for the consumer’s savings. The Enact platform seamless analyzes data to predict equipment performance and asset maintenance needs.</p>
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-314" src="https://enact.solar/wp-content/uploads/2023/04/Enacts-App-Screens.jpg" alt="" width="1999" height="917" srcset="https://enact.solar/wp-content/uploads/2023/04/Enacts-App-Screens.jpg 1999w, https://enact.solar/wp-content/uploads/2023/04/Enacts-App-Screens-1280x587.jpg 1280w, https://enact.solar/wp-content/uploads/2023/04/Enacts-App-Screens-980x450.jpg 980w, https://enact.solar/wp-content/uploads/2023/04/Enacts-App-Screens-480x220.jpg 480w" sizes="auto, (min-width: 0px) and (max-width: 480px) 480px, (min-width: 481px) and (max-width: 980px) 980px, (min-width: 981px) and (max-width: 1280px) 1280px, (min-width: 1281px) 1999px, 100vw" /></p>
<p>Enact’s SAAS platform serves various countries globally, specifically those looking to deploy clean energy solutions. With almost a thousand users in more than 20 countries, Enact&#8217;s platform is revolutionizing how distributed energy resources are installed and managed.</p>
<h6>Resources</h6>
<p><a href="https://www.youtube.com/watch?v=ZTM6_T4FU-0">https://www.youtube.com/watch?v=ZTM6_T4FU-0</a></p>
<p><a href="https://enact-systems.com/">https://Enact-systems.com/</a></p>
<p><a href="https://enact-systems.com/case_studies/customer-background-needs-apex-solar-new-york/">https://Enact-systems.com/case_studies/customer-background-needs-apex-solar-new-york/</a></p>
<p><a href="https://enact-systems.com/sharafdg-expands-partnership-with-enact-systems-in-the-uae-market/">https://Enact-systems.com/sharafdg-expands-partnership-with-Enact-systems-in-the-uae-market/</a></p>
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		<title>Fundación Borincana Partners with Enact Systems Inc</title>
		<link>https://enact.solar/fundacion-borincana-partners-with-enact-systems-inc/</link>
					<comments>https://enact.solar/fundacion-borincana-partners-with-enact-systems-inc/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Tue, 12 Oct 2021 14:24:30 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<guid isPermaLink="false">https://enact.hyperfrontier.com/fundacion-borincana-partners-with-enact-systems-inc/</guid>

					<description><![CDATA[October 12, 2021 &#8211; Pleasanton, CA &#8211; Fundación Borincana is a nonprofit located in Puerto Rico that focuses on individual, institutional, and structural development. By focusing on engaging in economic and community development of energy infrastructure, Fundación Borincana plans to build critical capacities in Puerto Rico that proactively develop a modern, resilient, distributed energy infrastructure. [&#8230;]]]></description>
										<content:encoded><![CDATA[<p><strong>October 12, 2021 &#8211; Pleasanton, CA</strong> &#8211; Fundación Borincana is a nonprofit located in Puerto Rico that focuses on individual, institutional, and structural development. By focusing on engaging in economic and community development of energy infrastructure, Fundación Borincana plans to build critical capacities in Puerto Rico that proactively develop a modern, resilient, distributed energy infrastructure.</p>
<p>Fundación Borincana has partnered with ENACT Systems, a leading cloud platform for the Solar and Energy storage industry, to launch a government-funded vocational program to educate the next generation of solar professionals. With this program, students will learn how to interact with ENACT System’s ENVISION software to design custom solar systems using satellite technology, build solar proposals, and manage system assets.</p>
<p>Fundación Borincana’s mission and training courses, combined with ENACT Systems ENVISION platform, is impacting the Clean Energy sector in unprecedent ways. This partnership aims to creating the much-needed contemporary, resilient, distributed grid and energy infrastructure of the future. This partnership is truly transforming productivity and customer engagement for the renewable energy sector, leveraging the power of software and data collection, ultimately paving the way for Puerto Rico’s sustainable future and reliability on clean energy.</p>
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		<title>ENACT ENVISION Platform Expands Cost Modeling Capabilities</title>
		<link>https://enact.solar/enact-envision-platform-expands-cost-modeling-capabilities/</link>
					<comments>https://enact.solar/enact-envision-platform-expands-cost-modeling-capabilities/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Fri, 12 Mar 2021 15:22:41 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
		<category><![CDATA[competitive bid]]></category>
		<category><![CDATA[forecasting of inventory]]></category>
		<category><![CDATA[integrated with ERP / Accounting software]]></category>
		<category><![CDATA[project margins]]></category>
		<category><![CDATA[Solar design software tools]]></category>
		<category><![CDATA[solar pricing and margin]]></category>
		<category><![CDATA[vendor price changes]]></category>
		<guid isPermaLink="false">https://enact.hyperfrontier.com/enact-envision-platform-expands-cost-modeling-capabilities/</guid>

					<description><![CDATA[The ENACT ENVISION module for Design, Proposals and Project management of Solar and Energy storage projects has unique end-to-end capabilities, one of which is detailed cost analysisat a line-item based bill-of-materials (‘BOM’) level, that can be customized by users of any account. Detailed Cost Modeling for Residential and Commercial Projects ENACT allows Companies to create [&#8230;]]]></description>
										<content:encoded><![CDATA[<p>The ENACT ENVISION module for Design, Proposals and Project management of Solar and Energy storage projects has unique end-to-end capabilities, one of which is detailed cost analysisat a line-item based bill-of-materials (‘BOM’) level, that can be customized by users of any account.</p>
<h3 class="small-title-new">Detailed Cost Modeling for Residential and Commercial Projects</h3>
<p>ENACT allows Companies to create complex cost models for different types of projects, with unlimited number of line-item rows, and open for all units of measure, or project size. During cost-profile set-up, gross margins can be adjusted on a line-item basis. Pricing and/or cost of individual hardware items – e.g. module or inverter &#8211; can be tracked at a unit level, and vary at a model number level. Overall project margins can be tracked, adjusted to meet project goals easily and also allows ‘threshold’ limits.</p>
<p><img loading="lazy" decoding="async" class="wp-image-3340 size-full aligncenter" src="https://enact-systems.com/wp-content/uploads/2021/03/ENACT-ENVISION-Platform-Expands-Cost-Modeling-Capabilities.jpg" alt="" width="1088" height="546" /></p>
<h3>Downloadable Bill-of-Material (BOM)</h3>
<p>A new capability just launched is that the user can download an Excel-based Bill-of-material (“BOM”) for each project, that has a complete line-item level pricing and cost detail. This can help users understand the ‘margin-stack’ on a deal, which might have to be adjusted for specific deals rapidly if there is a competitive bid situation.</p>
<p><img loading="lazy" decoding="async" class="wp-image-3341 size-full aligncenter" src="https://enact-systems.com/wp-content/uploads/2021/03/ENACT-ENVISION-Platform-Expands-Cost-Modeling-Capabilities-2.jpg" alt="" width="1088" height="546" /></p>
<p>There are multiple Solar design software tools out there, but often have very limited capabilities on the topic of solar pricing and margin analysis. This creates a bottleneck for Operations teams, when pricing changes need to be made rapidly due to product shortages or vendor price changes.</p>
<p>ENACT’s <a href="/proposals-contracts/">ENVISION Solar proposal software</a> provides Sales users sufficient flexibility to close a deal without bothering internal Engineering / Operations teams, that are often tied up. This enables smooth co-ordination between Sales and Operations team members as the business scales up, or during the peak season when everyone gets busy at the same time.</p>
<p>Detailed line-item cost tracking can also be integrated with ERP / Accounting software that allows forecasting of inventory based on order pipelines. Procurement teams can generate inventory forecasts which helps them plan orders better.</p>
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		<title>Solar and Storage Project Successfully Completed for Violich Farms</title>
		<link>https://enact.solar/solar-and-storage-project-successfully-completed-for-violich-farms/</link>
					<comments>https://enact.solar/solar-and-storage-project-successfully-completed-for-violich-farms/#respond</comments>
		
		<dc:creator><![CDATA[Anil]]></dc:creator>
		<pubDate>Mon, 27 Apr 2020 17:39:47 +0000</pubDate>
				<category><![CDATA[Enact Updates]]></category>
		<category><![CDATA[U.S.]]></category>
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					<description><![CDATA[Violich Farms completed SGIP funding for Energy Storage coupled with Solar, to reduce peak demand and energy charges, led by Neil Maguire at ADARA Power&#8230;Sign up to learn more on ENACT&#8217;s Digital Platform for Solar plus Storage on April 21 https://lnkd.in/gjkb6Ds &#160; &#160;]]></description>
										<content:encoded><![CDATA[<p><a class="share-update-card__update-text-link public-post__update-text-link" href="https://www.linkedin.com/company/violich-farms?trk=public-post_share-update_update-text" rel="nofollow" data-tracking-control-name="public-post_share-update_update-text" data-tracking-will-navigate="">Violich Farms</a> completed SGIP funding for Energy Storage coupled with Solar, to reduce peak demand and energy charges, led by <a class="share-update-card__update-text-link public-post__update-text-link" href="https://www.linkedin.com/in/neilmaguire?trk=public-post_share-update_update-text" rel="nofollow" data-tracking-control-name="public-post_share-update_update-text" data-tracking-will-navigate="">Neil Maguire</a> at ADARA Power&#8230;Sign up to learn more on ENACT&#8217;s Digital Platform for Solar plus Storage on April 21 <a class="share-update-card__update-text-link public-post__update-text-link" href="https://lnkd.in/gjkb6Ds?trk=public-post_share-update_update-text" rel="nofollow" data-tracking-control-name="public-post_share-update_update-text" data-tracking-will-navigate="">https://lnkd.in/gjkb6Ds</a></p>
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