Propel is a prepaid third-party ownership (TPO) offering paired with a Concert Finance loan. It is designed to give eligible homeowners fixed monthly payments and a path to system ownership under the terms of their agreement. For approved organizations, Propel can be offered through the same Concert Finance integration already available in SubcontractorHub.
This means you do not need to create a separate Propel integration. Complete the required onboarding with Concert Finance or Greentech Finance Solutions, then connect Concert Finance to your SubcontractorHub account.
Before You Begin
Make sure you have completed the following requirements before connecting the integration or attempting to use Propel:
Complete Concert onboarding: Propel will not be available until Concert Finance has approved and fully onboarded your organization.
Allow enough onboarding time: If you are new to Concert Finance, onboarding can take approximately four to eight weeks. Existing Concert or Greentech Finance customers may need to complete only a few additional requirements.
Confirm company eligibility: Companies with at least six months in business are generally preferred. Some companies with two to three months in business may qualify after underwriting review.
Obtain your credentials: Have the Base URL, Auth Username, Auth Token, Username and Password supplied for your Concert Finance connection ready.
Confirm project eligibility: Propel is currently available for eligible projects in California, Texas, Arizona and Maine.
Use an approved supply channel: Materials for Propel projects must be purchased through the approved CED or Greentech Renewables supply channel.
Important: Propel availability and program requirements can change. Confirm the latest eligibility criteria with your Concert Finance or Greentech Finance Solutions representative before presenting the product to a homeowner.
Current Propel Program Requirements
An eligible project must meet the following requirements:
Approved equipment: The current approved vendor list includes modules manufactured by Hanwha Qcells, Silfab Solar and REC Solar, along with Enphase inverters and batteries.
Utility selection: Select the applicable utility provider for the project. Propel may not appear when the project does not have a utility selected.
Project pricing: The project must remain within the applicable price-per-watt and storage limits.
Loan amount: The supported loan amount ranges from $10,001 to $135,000, subject to eligibility.
Storage pricing: The maximum supported storage price is $2,000 per kWh.
Minimum productivity: The minimum productivity requirement is 1,000 in California, Texas and Arizona and 900 in Maine.
The current price-per-watt caps are:
California: $4.85 per watt
Arizona: $3.60 per watt
Texas: $3.70 per watt
Maine: $4.00 per watt
How to Connect Concert Finance in SubcontractorHub
Follow the steps below to connect Concert Finance and make approved Concert products, including Propel, available through SubcontractorHub.
Step 1: Open Integrations
From the main menu, open the Manage Integrations dropdown menu and select Integrations.
Step 2: Select Financing Partners
From the list of integration categories, select Financing Partners.
Step 3: Connect Concert Finance
Locate the Concert Finance integration card and click Connect.
Step 4: Enter Your Concert Finance Credentials
Enter the Base URL, Auth Username, Auth Token, Username and Password provided for your Concert Finance account. Click Verify and Connect.
Step 5: Confirm the Connection
After the connection is verified, the Concert Finance integration card will show that the integration is connected. Approved users can then finance eligible proposals using available Concert Finance products.
Use Disconnect if you need to remove the connection. Select Reconnect to restore it.
Using Propel After Connecting Concert Finance
The Concert Finance connection is configured for your SubcontractorHub organization, but Propel availability is determined for each project. Before attempting to offer Propel, confirm that the project address, utility provider, equipment, pricing, storage amount and productivity meet the current program requirements.
If your organization and project are eligible, Propel can appear among the available Concert Finance products when financing a proposal. Review all product terms, payment information and project details before submitting an application.
Note: When a public proposal uses Concert Propel financing, the “Cost Summary” displays only the Net System Cost. The individual pricing breakdown is not shown. Other public proposals continue to display the complete cost breakdown.
Why Propel May Not Appear
Propel may not be available for one or more of the following reasons:
Onboarding is incomplete: Your organization has not completed the Concert Finance or Propel onboarding process.
The project is outside a supported state: The project address is not in California, Texas, Arizona or Maine.
The utility is missing: An applicable utility provider has not been selected for the project.
Pricing exceeds program limits: The project exceeds the applicable price-per-watt or storage pricing cap.
The loan amount is outside the supported range: The requested amount is below $10,001 or above $135,000.
Productivity is below the minimum: The project does not meet the productivity requirement for its state.
If the project appears eligible but Propel is still unavailable, contact your Concert Finance or Greentech Finance Solutions representative to confirm your onboarding status and product access.
Frequently Asked Questions
What is Propel?
Propel is a prepaid TPO offering paired with a Concert Finance loan. The third-party ownership structure can capture applicable commercial solar incentives and reflect those benefits in the homeowner’s pricing. The Concert loan allows the homeowner to finance the transaction through fixed monthly payments instead of making a large upfront payment.
Is Propel a traditional solar lease?
No. Propel is structured to provide a path to system ownership rather than indefinite third-party ownership. The timing, early buyout option and transfer conditions depend on the homeowner’s agreement, so review the current product documents before presenting ownership details.
Does Propel require a large upfront payment?
No. Propel is designed to avoid a significant upfront cash payment by financing the transaction through Concert Finance.
Are the monthly payments fixed?
The source program information describes Propel payments as fixed monthly payments with no prepayment penalty. Confirm the current rate, term and payment details shown in the application before submitting it.
Can a homeowner pay off the financing early?
Propel includes early payoff options. The homeowner should review the agreement for the applicable timing, amount and ownership-transfer terms.
Is Propel enabled separately from Concert Finance?
No. SubcontractorHub uses the standard Concert Finance integration. However, your organization must complete Propel onboarding, and each project must meet the program’s eligibility requirements before Propel can become available.
Can a new company qualify for Propel?
Companies with at least six months in business are generally preferred. Some newer companies with two to three months in business may qualify based on underwriting review.
Do materials need to be purchased through CED or Greentech Renewables?
Yes. Propel projects require materials to be purchased through the approved supply channel. Confirm ordering requirements with your Greentech Finance Solutions representative before moving forward.