Palmetto Finance Newsfeed

Market Update

[LIVE] Texas Palmetto Grid+ Retail Plan Updates

Anita-PLR avatar
Shared by Anita-PLR • June 18, 2026

The Update: New details & optionality are available for Texas solar + storage customers.

  • Now Two Plan Options: Higher buyback rate for larger systems that export more energy or Lower base fee for customers who consume most of their solar production on-site.
  • Deliver value: $4/kWh per month of battery capacity, no caps, credited to account.
  • Deliver savings: 15% off their grid power (Energy charges) until PTO.

The How: All TX LightReach customers must enroll in or select to opt out of a plan in order to reach NTP. No hardware or home visits required:

  1. See the offer within LightReach
  2. Or click “View Rate Plan” once logged into home.palmetto.com
  3. Sign up in minutes

For more information, contact your LightReach / Palmetto relationship manager, reach out to PalmettoEnergy@poweredbylight.com or read more on the LightReach Knowledge Base

Market Update

[LIVE] Energy Backup: 5 New States, New AVL Addition + Hands-on Training for SolarEdge Nexus

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Shared by Anita-PLR • June 15, 2026

The First Update: Energy Backup program is now live in 5 New States

The Second Update: SolarEdge Nexus was added to our Energy Backup AVL

SolarEdge will be hosting an upcoming training from 7/8 through 7/10 to get installers certified for the Nexus product. Partners in California can register for this event here.

Hardware & AVL
Milestone Update
ICYMI

[ICYMI] Solar Program M1 Install Bulk Invoice Requirement

Calvin avatar
Shared by Calvin • June 15, 2026

ICYMI: Effective June 1, 2026, the date of receipt of a 'Bulk Invoice' must be within 90 days of date of M1 submission.

The Details: Third Party Invoices are an existing requirement on all Solar M1 Installation submissions, but we've tightened the parameters for Bulk Invoices.

More Info: Solar Energy Plan: Installation (M1) Checklist | Palmetto Installer Guides

Milestone Update

[LIVE] State Specific Solar Program Operations Requirements: NJ & IL

Alvin avatar
Shared by Alvin • June 15, 2026

New Jersey:

Effective immediately (06/15/26), New Jersey projects are only required to provide proof of ADI submission at M1. Conditional approval is no longer required and the process has temporarily reverted to the pre-March 1, 2026 requirement.

Please note that projects must still complete conditional registration and receive final ADI acceptance by M2. Failure to satisfy these requirements may result in Palmetto clawing back the full incentive amount. Link: HERE


Illinois:

Effective ummeadiately (6/15/26), all Illinois projects must meet the required Volt-Var settings and Illinois DG Rebate requirements as outlined in the KB article. Compliance with these requirements must be verified and submitted at M1.

  • Projects that do not meet these requirements will be subject to rejection at M2, and LightReach will begin rejecting Illinois projects that do not meet the Illinois DG Rebate requirements.

To avoid project rejections and delays, all teams submitting Illinois projects must ensure compliance with the incentive requirements outlined in the M1 Incentives KB article before submission.

New product

[ICYMI] Comfort Plan Water Heater

Anita-PLR avatar
Shared by Anita-PLR • May 21, 2026

The Update: ICYMI, we’re officially live with Water Heaters under the Comfort Plan program.

  • EPCs can now offer Water Heater installations through the Comfort Plan program
  • Standard Comfort Plan underwriting requirements apply, with specific requirements for Installation (M1)
  • Program details and installation guidance are available in the Comfort Plan Knowledge Base

Market Update
Milestone Update
ICYMI
Refresher

[Solar] California Battery Settings and Operational Modes

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Shared by Anita-PLR • May 19, 2026

Battery Settings and Operational Modes Reminder:

  • California NEM 3 utilities must follow the OEM preset modes for NEM 3 (Effective 1/1/2026)
  • California NEM 3 customers must have the NEM 3 eligible rate plan selected (Effective 1/1/2026).
  • These M2 requirements are required for approval; incomplete or incorrect submissions will be rejected.
  • More info Here
New feature

[LIVE] Recheck Certified

Sierra avatar
Shared by Sierra • May 19, 2026

The Update: Palmetto is backing the launch of Recheck Certified, a new industry credential built on the existing Recheck ID system.

The Deets: To get Certified, reps must sign a universal code of conduct, pass an industry specific background check, and complete a sales ethics course. Most importantly, certification requires a clean track record of conduct and compliance. Reps with history of violations or misconduct cannot be Certified.

The Impact: Certified will help financiers and installers vet high quality reps. And, it gives customers peace of mind that they're working with a Certified professional with a clean track record.

The Timing: Certified is available now for all representatives nationwide. All platform members are encouraged to sign up. Later in 2026, Certified will become a mandatory requirement for all new NTPs.

Advanced Preview
New feature

[Advance Preview] Recheck Certified

Sierra avatar
Shared by Sierra • May 06, 2026

The Update: Palmetto is backing the upcoming launch of Recheck Certified, a new industry credential built on the existing Recheck ID system.

The Deets: To get Certified, reps must sign a universal code of conduct, pass an industry specific background check, and complete a sales ethics course. Most importantly, certification requires a clean track record of conduct and compliance. Reps with history of violations or misconduct cannot be Certified.

The Impact: Certified will help financiers and installers vet high quality reps. And, it gives customers peace of mind that they're working with a Certified professional with a clean track record.

The Timing: Initial launch is scheduled for May 2026. Palmetto is encouraging all partners to enroll reps at launch, ahead of mandatory requirement later in 2026.

Refresher
Hardware & AVL

[Solar] Approved Roof Attachments for Palmetto Energy Plans

Alvin avatar
Shared by Alvin • May 05, 2026

Reminder: All roof attachments used in a project with a Palmetto Energy plan MUST be sourced from Approved Vendors.

This is mandatory even if the attachments are not listed in the ITC Eligibility Calculator. Projects using unlisted roof attachments will be ineligible for funding.

Context: This is a standing requirement, but we've noted an increase in projects where Partners are attempting to use roof attachments not present on the Solar Energy Plan: AVL & All Things Hardware list.

Market Update
Housekeeping Update

[Solar & EB Programs] Utility Closures

Alex avatar
Shared by Alex • May 04, 2026

The Update: Three small utilities-- Mohave Electric Coop (AZ), TRICO (AZ), and El Paso Electric (TX) have been removed from our active utility lists for new Solar and Energy Backup sales effective 5/4/26.


Full active utilities available by program at help.palmetto.finance knowledge base.