Renu Energy Solutions & The Prepaid Lease
Participate Energy’s Prepaid Lease product puts the power in the hands of homeowners when it comes to a clean, reliable, and affordable energy future.
The individual federal tax credit for solar and battery systems expired at the end of 2025. For homeowners, that means the typical 30% tax credit used to offset the total net cash needed to purchase the system is gone. Participate Energy set out to design a financial product that gives homeowners a new, affordable option to install reliable, sustainable energy on their home and provides many of the control, transparency, and features more typical of homeowner-owned systems.
The Participate Energy Prepaid Lease is that financial product. The Participate Prepaid Lease considers all available incentives and features while still providing critical lease functions such as ensuring the system is operating and in good working order. Participate and its installer partners are able to provide an upfront lease price significantly lower than the equivalent cash price for the same system.
This financial product is designed to give homeowners the ability to manage the system on their home with no additional recurring costs for the entire term unless they choose to finance the lease with a third-party lender. Homeowners have the option to purchase the system as early as Year 6.
Prepaid Lease Advantages vs. Cash/Finance
No Credit Underwriting
No FICO score or credit underwriting is required to participate in this agreement.
No Property Lien
The Customer Participation Agreement (CPA) does not require a UCC lien on the home.
Immediate Value
Customer realizes the reduction in prepayment immediately rather than waiting for a rebate.
Energy Independence
This program puts the customer in control of their energy and their system operation.
Seamless Transfer
The lease can be easily transferred without additional underwriting when the home is sold.
See If You Qualify For Energy Savings with a Pre Paid Lease
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About Renu Energy Solutions
Renu Energy Solutions is a seasoned solar sales and installation company with over 16 years of experience in the renewable energy industry and over 7500 projects completed. Based in North Carolina, we specialize in turnkey solar solutions, offering comprehensive services from initial consultation to installation and maintenance.
Our commitment to quality is reflected in our team of in-house, W2 full-time employees - including skilled electricians and general contractors holding unlimited electrical and general contractor licenses. With a robust track record, Renu Energy Solutions has established partnerships with over 15 solar manufacturers and over six energy storage manufacturers. This extensive network enables us to provide a wide range of product options and ensures that our clients have access to the latest advancements in solar and energy storage technology.
Nearly 90% of our projects include both PV (solar panel) and energy storage for the end user. Renu's service offerings encompass the entire lifecycle of solar projects, from design and engineering to permitting, installation, and ongoing maintenance. Our in-house capabilities allow us to maintain strict quality control and deliver projects on time and within budget.
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