SOLRITE in San Marcos, California

SOLRITE Energy offers competitive solar + storage power purchase (PPA) agreements created by an engineering, procurement, and construction (EPC) solar company for EPC solar companies. Its flagship offering, the SOLRITE Virtual Power Plant Power Purchase Agreement (VPA), pairs industry-leading virtual power plant (VPP) technology with a purpose-built PPA to provide a superior and affordable solar-plus-storage solution for customers and solar contractors. The company aims to introduce solar + storage to more customer segments, including homeowners who have previously been unable to qualify for financing, with a 43% higher homeowner approval rate compared to traditional PPA offerings. Homeowners will have access to proactive backup power and experience superior energy bill savings through sonnenConnect, which features daily time of use (TOU) optimization and proactive bill management. The VPA is designed with contractors in mind, offering industry-leading reporting and data via SOLRITE’s partner portal, and providing a unique solution to adapt to ongoing shifts and challenges in the solar industry, such as NEM 3 in California. The company is committed to providing clean, reliable, and affordable energy for everyone, supporting the clean energy transition and strengthening the power grid in regions like Texas and Puerto Rico.