Omnidian raises new capital to grow its residential solar PV performance guarantee program

Omnidian, a nationwide provider of residential and C&I solar system protection plans and performance guarantees, secured a capital raise of $15 million led by IA Capital. With this injection of capital, Omnidian will continue to grow its Elite Dealer Program, which allows residential solar dealers to offer its comprehensive system protection and cash-back performance guarantees for all cash and loan customers for just $300 for the first year.

By bundling this service, Elite Dealers can differentiate themselves in the market and offer customers cash-in-hand protection for any unexpected dips in annual system performance. Homeowners are able to renew their subscription to the program for under $13 per month.

SOURCE: Solar Builder Magazine – https://solarbuildermag.com/news/omnidian-raises-new-capital-to-grow-its-residential-solar-pv-performance-guarantee-program