Pleasanton, CA, US, July 16, 2025 – Enact Solar, developer of AI enabled, solar asset management software platform, that revolutionizes the way solar and energy storage projects are planned and implemented, today announced the completion of its platform integration with Palmetto LightReach, one of the largest solar lease funds in the United States . This milestone integration enables Enact Solar users to seamlessly access multiple LightReach financing products directly within the solar asset management software platform, significantly streamlining the solar sales and installation process.
The integration represents the culmination of a strategic partnership that began in April 2025 when Enact’s Solar software was first approved to run proposals for projects funded by Palmetto LightReach. As of July 2025, the integration allows solar installers using Enact’s platform to instantly calculate customer savings and generate accurate cashflow proposals using LightReach’s comprehensive financing options.
“This integration transforms how solar installers approach customer financing,” said Deep Chakraborty, CEO and Co-Founder of Enact Solar. “Our software platform has established itself as the market leader in accurate financial ROI projections, and now we’re extending that precision to third-party financing through Palmetto LightReach’s proven platform.”
Palmetto LightReach offers both lease and Power Purchase Agreement (PPA) financing options that cover solar panels, battery storage systems, and heating and cooling equipment. The financing structure absorbs the benefit of available tax credits, making solar adoption and savings more accessible for homeowners while providing predictable returns for investors.
The integrated platform delivers several key advantages for solar installers and their customers:
- Streamlined Proposal Process: Generate comprehensive financing proposals directly within Enact’s software platform, starting with solar projects now
- Multiple Financing Options: Access to Palmetto LightReach’s full suite of lease and PPA products
- Accurate Financial Modeling: Leverage Enact’s industry-leading ROI calculation capabilities with third-party financing scenarios
- Comprehensive Equipment Coverage: Financing extends beyond solar to include battery storage and HVAC equipment
- Tax Credit Optimization: Palmetto LightReach’s financing structure maximizes available tax incentives
“Enact’s accurate financial projections combined with our flexible financing solutions creates a powerful combination for the solar industry,” said Kristen Crupi, Director of Channel Solutions at LightReach. “This integration eliminates friction in the sales process while ensuring customers receive the most accurate and comprehensive financing information.”
The partnership addresses a critical need in the solar industry, where complex financing options can slow down sales cycles and create uncertainty for both installers and customers. By integrating Palmetto LightReach’s billion-dollar financing platform directly into Enact’s widely used solar software, the companies are removing barriers to solar adoption while improving the overall customer experience.
The integration supports the broader industry trend toward comprehensive energy solutions, with financing that covers not just solar panels but complete home energy systems including battery storage and efficient heating and cooling equipment.
About Enact
Enact’s award-winning software platform is designed to transform and accelerate clean energy globally. Enact is the only two-sided platform that allows both residential and commercial users to simplify their entire solar and energy storage purchase and ownership journey, designed, monitored and managed by Enact and delivered by local solar professionals. Enact also enables thousands of professionals in over 25 countries to sell and deliver projects and manage solar assets for long-term performance.
Learn more at https://enact.solar/
About Palmetto
Palmetto’s platform integrates digital tools, data assets, and actionable insights to create an end-to-end solution powering its consumer marketplace. The company operates as both a B2B and D2C provider, offering software, financial products, and support services that deliver competitive pricing and exceptional value to end consumers. Key offerings include the Clean Energy Operating Platform, LightReach Energy Plans, Energy Intelligence, and Asset Management Platforms for customer service, with more innovations on the horizon.
Learn more at https://palmetto.com
