RESIDENTIAL SOLAR

Credit Administration for Residential Solar Loans, Leases, and Energy Financing

The U.S. solar market continues to expand rapidly, and the financing structures supporting it are also growing in complexity. Originators and financial institutions managing residential solar portfolios need a servicing partner that understands not just loan and lease mechanics but also performance monitoring, incentive tracking, lien perfection, and state program compliance.

Concord's renewable energy servicing platform provides end-to-end lifecycle support for residential solar and energy financing portfolios, with the regulatory expertise and asset-class fluency to serve lenders and investors across every stage of the solar asset lifecycle.

What Concord's Residential Solar Servicing Covers

Portfolio Boarding & Data Ingestion

We ingest contract terms, system equipment specifications, installation dates, vendor warranties, and incentive and rebate eligibility, ensuring every solar asset is accurately captured and operationally ready from day one.

Payment Processing & Billing

Concord processes monthly payments across loan and lease schedules, with billing aligned to production performance or savings models where applicable.

Performance & Production Monitoring

We track solar system yield, verify realization of energy savings and generation targets, and coordinate operations and maintenance triggers.

Incentive & Rebate Tracking

Concord monitors federal, state, and local incentives and tax credits, including SREC and REC credits for their impact.

Collateral & Asset Monitoring

We verify system installation completion, onboard warranties and vendor documentation, and maintain equipment ownership records.

Borrower Servicing & Support

Concord provides a homeowner portal and dedicated servicing support for billing inquiries, system performance queries, project change requests, and refinance or transfer at end of term.

Delinquency and Default Workflows

We integrate system performance data into delinquency triggers, manage outreach to homeowners, and coordinate with installers and vendors when default or warranty issues require intervention.

Investor Reporting & Portfolio Analytics

Concord delivers reporting on generation metrics, system health, payment performance, residual equipment value, and portfolio yield.

Compliance & Audit Readiness

We maintain alignment with consumer finance rules, energy financing program regulations, and state licensing requirements, which keeps your portfolio audit-ready and compliant at every stage of the facility lifecycle.

Why Concord for Residential Solar

Renewable-Asset Domain Expertise

For more than 35 years, Concord has developed the kind of asset-class fluency that renewable energy portfolios require, understanding solar equipment, installation workflows, incentive structures, and borrower behavior.

Integrated Servicing Model

Our integrated payment and performance monitoring gives originators and investors earlier visibility into issues that standard loan servicing workflows would miss.

Better Borrower Outcomes

Our performance communications and proactive servicing keep homeowners engaged, informed, and connected to their system's performance.

Investor Transparency

Our solar-specific reporting gives investors and trustees a clearer view of portfolio performance through production metrics, system downtime tracking, and incentive capture reporting.

Risk Reduction

Our system performance and equipment health monitoring surfaces issues early, which gives originators time to intervene before deterioration drives delinquency and loss.

Flexible Program Support

Whether the portfolio includes loans, leases, PACE, on-bill financing, or other retrofit models, Concord's servicing approach is adaptable to fit your needs.

Compliance Assurance

Concord navigates consumer finance rules, energy financing program regulations, and state licensing requirements on your behalf.

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