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LightReach-Adder Specific Pricing
LightReach-Adder Specific Pricing

LightReach-Adder Specific Pricing

Emilie avatar
Written by Emilie
Updated yesterday

Background: LightReach only offers Third Party Ownership (TPO) for financing solar projects. One of their stipulations for approving a customer for TPO products is that the deal has to save the customer money. When adders are included in the deal, it increases the overall cost of the deal. LightReach is able to work around this issue by offering increased Rates when certain adders are selected.

A note of clarification with regard to LightReach financing and "adders". They are not adders in the sense of additional equipment, but rather additional flags for the proposal. For example, the "arbitrage battery" adder is only an indicator that there is an arbitrage battery in the proposed system.

What that adder does is alter the available rates for the proposal, and does not actually add equipment nor affect price; only the rates available as a result.

Before an Adder will apply the higher Rates, it needs to be set up as a manual toggle adder and either an Arbitrage Battery or Electrical Upgrade

Setting Up the Adder:

  1. Go to the Adders screen by clicking on Settings-->Pricing-->Adders

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  1. Once in the Adders Screen, Select the adder that you want to set up as Arbitrage battery or Electrical Upgrade

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  1. Scroll to the bottom of the Adder Settings to find the "Palmetto Finance Plugin" drop down

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  1. Select the improvement type and Save the Addersettings

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Proposal Screen:

In order for the higher rate to be available in the proposal, the proposal needs to have LightReach set as the Financing Method and have an adder included that has been set up as manual toggle and either an Arbitrage Battery or Electrical Upgrade.

Example:

Note: The EV charger was set up as an Electrical Upgrade.

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