Palmetto, a software company focused on promoting consumer adoption of climate technology, announced today that it has raised over $1.2 billion in funding to support its Palmetto LightReach residential clean energy plans for 2024 and 2025. The funding comes from leading financial institutions and corporate partners.
The Palmetto LightReach plans allow homeowners to install rooftop solar and storage systems with no upfront costs and predictable monthly payments. These plans offer immediate savings on utility bills, with no interest, dealer fees, or lifetime maintenance expenses. Homeowners can access these energy leases through Palmetto’s website or its network of over 600 small- and medium-sized business and enterprise partners.
“We launched Palmetto LightReach to improve the consumer experience; in our sector, we have seen consumer issues emerge with…
