Xantrex Financing Program Begins

Xantrex Technology Inc. has completed its first financing deal in collaboration with Vermont Solar Engineering, a charter member in Xantrex’ Certified Dealer network. Xantrex’ Renewable Energy Financing Program made it possible for Vermont Solar Engineering’s customers to purchase a solar electric system for their new rural home.

Burnaby, British Columbia – March 21, 2003 [SolarAccess.com] “Residential Renewable Energy systems are emerging as an attractive option in the face of rising energy costs and unreliable grid power but high upfront costs can be a barrier,” said Pagan MacKay, manager, Dealer Relations. “Through this initiative, certified dealers like Vermont Solar Engineering can offer customers financing, which makes a renewable system affordable for most buyers.” The first of its kind in the Renewable Energy industry, the Xantrex Certified Dealer Renewable Energy Financing Program, is administered through Thalman Financial. Thalman was able to develop a customized payment schedule of monthly installments for Vermont Solar Engineering’s customer at very competitive rates. “As a certified dealer we can offer our customers instant access to the full range of the latest Xantrex equipment with competitive payment options,” said Kirk Herander, owner of Vermont Solar Engineering. “Through this program we were able to provide a monthly payment quote that was well within the customer’s budget. Because of financing, they were able to afford their dream system. Xantrex’ support was crucial in designing and delivering this solar electric system for our customer.” The application process is straightforward. When residential, municipal, or commercial customers contract a Certified Dealer for Renewable Energy system design and installation, they can also apply for the financing program. The dealer will initiate the application and a Thalman consultant will follow up with a suitable payment schedule within 48 hours. For more information on a Xantrex Certified Dealer in your area, visit http://www.xantrexREdealer.com
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