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Sunstone Credit Completes Solar Financing with King Energy

In a significant step towards expanding access to clean energy, Sunstone Credit, Inc. has successfully finalized financing for its newest commercial solar program portfolio in collaboration with King Energy. This initiative marks the expansion of their partnership to 15 commercial properties across various U.S. markets, enabling over 5 MWdc of distributed solar capacity. The project is anticipated to deliver more than 8,000 MWh of clean electricity annually, significantly benefiting local businesses, particularly those situated in low and medium-income communities.

Bridging the Energy Gap

Rooftop solar technology is increasingly recognized as one of the most practical solutions for small businesses seeking to mitigate the impacts of rising energy costs. Sunstone Credit and King Energy aim to make solar energy accessible to a broader community audience through their innovative financing model. The new program will empower over 300 local businesses, offering them a practical strategy to enhance sustainability while benefiting from more predictable energy costs.

Josh Goldberg, Co-Founder and CEO of Sunstone Credit, emphasized the mission of the company, stating, “Bringing cost-effective solar to everyday businesses is core to our mission. This portfolio illustrates how purpose-driven financing and robust development partnerships can scale up clean energy access.”

The Power of Partnerships

King Energy, recognized for its expertise in developing, installing, and managing solar energy for multi-tenant commercial properties, plays a vital role in this partnership. Utilizing its comprehensive OneBill™ platform, King Energy effectively consolidates utility and solar expenses into a single bill. This approach not only simplifies the process for tenants but also allows property owners to generate revenue without additional operational burdens.

John Witchel, CEO of King Energy, highlighted the effectiveness of the partnership, stating, “This portfolio shows how effective the right partnership can be. Sunstone provides a financing platform that makes commercial solar practical at scale, aligning perfectly with our mission to deliver systems that make financial sense for property owners and tenants.”

Community-Centered Clean Energy

The collaboration between Sunstone and King Energy underscores the shared philosophy that rooftop solar represents a feasible route toward making affordable, clean energy accessible to commercial sectors within local districts. With the implementation of this financing initiative, these companies hope to set a benchmark for integrating solar energy solutions that are economically beneficial and progressive.

Sunstone’s commitment to a simple and transparent application process for solar loan products plays a critical role in its mission to enhance energy choices for businesses of all scales. This forward-thinking strategy fosters an energy-dominant future, empowering commercial clients to benefit from significant cost reductions associated with solar energy implementation.

Both Sunstone Credit and King Energy envisage a future where clean energy not only contributes to a more sustainable environment but also strengthens local economies. As rooftop solar becomes an increasingly viable option, the initiatives announced today are paving the way for widespread adoption and long-term community benefits.

To learn more about Sunstone Credit and its innovative financing solutions, visit SunstoneCredit.com. For further insights into King Energy’s approach to transforming commercial properties into solar assets, explore KingEnergy.com.