Sungage Financial Celebrates 15 Years of Empowering Solar Ownership

Sungage Financial is proudly celebrating its 15th anniversary, marking a milestone in their mission to make solar ownership accessible, affordable, and simpler for homeowners across the United States. Since its founding on February 28, 2011, Sungage has helped transform residential solar financing by connecting homeowners, solar installers, and capital providers through transparent, consumer-friendly loan solutions. 

What began as one entrepreneur’s effort to solve a personal challenge has grown into one of the nation’s leading financing platforms for residential solar projects. Headquartered in downtown Boston, MA with an office in Oakland, CA and teams in Hawaii, Sungage Financial now offers solar, roofing, and battery financing solutions across 42 states and the District of Columbia, supporting thousands of installation partners and homeowners nationwide. 

A Vision Born From Experience 

Sungage Financial was founded after Sara Ross encountered firsthand the lack of accessible financing options while exploring solar for her own home in 2009. 

Determined to create a solution, Ross partnered with her installer and began lending funds directly from her daughter’s college savings account to finance projects for local homeowners. The success of those first loans validated the concept and laid the foundation for Sungage Financial, which became the nation’s first lender dedicated exclusively to residential solar. 

Fifteen Years of Growth and Impact 

Over the past decade and a half, Sungage has remained focused on the principles that defined its earliest days: strong installer partnerships, responsible lending practices, and an exceptional customer experience. As the clean energy landscape evolved, Sungage expanded beyond solar to support broader home energy solutions, helping homeowners invest in energy independence while managing monthly costs through flexible financing. 

Sungage has also built a strong ecosystem of long-term partnerships that reinforce their leadership within the clean energy industry. Partnering with leading global investment firm The Carlyle Group, Sungage has expanded its partner network, integrating with every major solar proposal platform to streamline the sales and financing experience for installers and homeowners alike. The company has developed an extensive distributor network, partnered with 11 distributors to offer a Direct Pay program to installers, and maintains an approved vendor list featuring more than 165 equipment components and over 40 solar panels, ensuring flexibility, quality, and consistency across projects nationwide. These partnerships reflect Sungage’s commitment to sustainable growth and its belief that lasting industry relationships are essential to accelerating clean energy adoption. 

Looking Ahead 

“This 15-year milestone reflects the dedication of our employees, installer partners, capital providers, and homeowners who believe in the power of solar ownership,” said Sungage CEO Mike Gilroy. “The energy transition is accelerating, and financing plays a critical role in making solar accessible to more households. We’re excited to continue innovating and expanding solutions that help homeowners invest confidently in their homes and the planet.” 

As Sungage enters its next chapter, the company remains committed to advancing clean energy adoption through smarter financing, enhanced technology integrations, and continued collaboration with industry partners. 

Sungage Financial | https://www.sungage.com/