A Bold Mission: Leading the World Towards a Clean Energy Future
We are on a mission to stop climate change before we reach an irreversible tipping point. Yes, this requires large shifts by entire nations and entire populations. It requires urgency and change on a massive scale. But technological advancements have put it within reach.
At Palmetto, we are fueling the rapid growth of solar energy across the United States. How? By flipping the traditional solar industry model on its head. We invented software products to instantly help people, like you, see the cost-savings within their reach. We built a giant decentralized network of solar sellers and installers so that you can enlist a professional’s help to quickly and easily adopt clean energy.
We are entering a New Utility Revolution.
Americans have always been innovative. In the 1800s, the advent of the electricity grid was a groundbreaking innovation, transitioning the world away from lanterns powered by whale blubber to entire buildings powered by coal and oil. But now we’ve discovered how to power electricity from free, infinite sources like sunshine and wind -- not shipped overseas from our military enemies, but renewable right here in our own backyards. The Old Utility guard wants to protect the massive investment they’ve already made in their infrastructure… Unfortunately, that mindset is costing the rest of us everything. Make no mistake about it, climate change costs us billions today and will cost us trillions tomorrow. There is always a time for innovation - and that time is now.View Full Statement by Chris Kemper, CEO
I’m an environmentalist and a capitalist, an enigma to some (personally, I prefer eco-entrepreneur ninja). I believe that not only can a strong economy coexist with a healthy climate, but in order for climate change mitigation to be truly sustainable — it must.
Our core values inform how we, as a team, work together toward our mission every day.
Customer MindfulnessWe are conscientious of and empathetic towards the needs of our customers. We take daily action to improve the overall customer experience.
Inclusion & DiversityWe are steadfast in our commitment to the advancement of inclusion and diversity of our people, ideas, thoughts and acts. Mutual respect and embracing differences while connecting us together is the cornerstone of our culture.
RitualsWe create practices that keep us disciplined in the pursuit of our goals. We favor consistency over intensity.
LongevityWe build for the future. We set goals and plan backwards to reach them but stay nimble to accommodate and plan for change
HappinessWe encourage our employees to focus on their well-being. This holistic approach cultivates our culture of passionate people.
OpennessWe provide complete transparency to our colleagues, even when it’s uncomfortable. We trust their input and are unafraid to be vulnerable. Feedback helps build character and a better company.
OUR MISSION: Leading the world toward a clean energy future.
Our Economic Mission is to manage our company for sustainable financial growth, benefit local partners and communities, and make clean energy as affordable as fossil fuels.
Our Social Mission is to develop innovative tools to make the world and environment a better place by driving adoption of clean energy.
Our Product Mission is to make technological innovations to drive down clean energy costs and pass the savings on to our customers.
Here’s what drives us in our mission every day:
Corporate Policies & Business PracticesIntegrating environmental, social and governance policies into both our corporate policies and daily business practices is key to achieving our goal of providing affordable solar and eventually grid-parity costs, to drive solar adoption across the country.
Our Business ModelAs a 100% build partner model, our vision for a future powered by solar depends on the quality and reach of our partnerships. We’re committed to hiring local build partners and focus on helping smaller partners build their businesses with comprehensive resources, training, guidance, and key financial benefits.
Cost TransparencyWe believe knowledge is power and cost transparency is key. The consumer adoption of renewable energy and energy efficiency technologies in homes is all about price. We’re able to price systems below other competitors because we operate at a systems level.
Why We Believe This Approach Will WorkWe believe that given the opportunity to choose clean energy for the same cost as traditional energy, consumers will make the commitment to clean energy and our collective future.
Investing in Local Communities
Solar sister is a female empowered entrepreneur program that focuses on the distribution of solar in developing countries. Palmetto partnered with them to expand the delivery of clean energy to homes across Africa.
Charleston Parks Conservancy
Supports 20 parks promoting horticulture including botanicals and edibles. The Community Garden Program is working to address food insecurity by supporting food banks.
Our Environmental Impact
Speaking of tangible metrics. Did you know that Palmetto’s clean energy projects have already had the environmental impact equivalent to...
Our work is just getting started. We hope you’ll partner with us to make an impact every single day!
How We Measure SuccessPalmetto is a B Corporation with triple bottom-line certification. We have an B-Impact Score of 94.2. We measure our success based on three elements: our economic performance and valuation, our level of corporate social responsibility, and our environmental sustainability standards and impacts.
Why Palmetto?Since 2010, we’ve helped thousands of homeowners across the US access clean solar energy with end-to-end solutions that promise results you can track and savings you can count on.
11 years in business
5000+ clients served
Across 19 states
1000s of trusted sales members and build partners
95% of clients recommend our services*
B-Impact score: 94.2
The average Palmetto homeowner saves more than $18,000 over 25 years by going solar. Resources are precious. Why waste yours?
In the news | 08.03.20 | Anthony Robledo
Palmetto Solar Raises $29 Million to Expand to Every U.S. State
Palmetto Solar LLC raised $29 million to expand to every U.S. state and help transition itself from a solar platform to an energy management and utility platform...As Palmetto transitions into operating under an energy management model, they plan to focus on establishing consumer trust early on and developing strong brand awareness.
In the news | 08.05.20 | Eric Wesoff
Palmetto lands $29 million for residential solar sales software and home energy spend
Palmetto, a Charleston, S.C.-based software company focused on home energy spend, landed $29 million in Series B funding from investors including Evergy Ventures, Arctern Ventures, Shell Ventures, Greycroft, Lerer Hippeau, Box Group, Falkon Ventures and the Leto Family Office. Greycroft led Palmetto’s Series A round in 2018. Palmetto is a software and fulfillment platform focused on helping consumers understand their energy finances. The startup pairs homeowners with solar power and energy storage providers and looks to improve the ease of financing and installation.
In the news | 08.05.20 | Mary Katherine Wildeman
Charleston Solar-Tech Business Raises $29M to Fuel Future Growth
Backers include Greycroft Partners, which was part of previous round of funding in 2018. Will Szczerbiak, a principal with the New York-based firm, said in a statement that Palmetto has “the best platform to bring renewable energy products and services to market. 'The potential for rooftop solar and the electrification of homes in the U.S. is huge and the competitive landscape is fairly fragmented with just a few dominant players,' said Robert Linck, chief investment officer at Shell Ventures.
In the news | 08.05.20 | David Dykes
Charleston Firm Continues To Innovate To Address Climate Change
Charleston-based Palmetto, a software, energy-focused company, said it has completed a $29 million Series B raise with investors from a range of sectors including energy, financial technology and software.
In the news | 09.25.19 | Natalie Parletta
A New Partnership Pursues Democratic Renewable Energy
Solar Sisters are doing it for themselves – and now with a little help from their friends. Pursuing a joint vision to make renewable energy technology affordable and accessible, US company Palmetto has partnered with them to expand the delivery of clean energy to homes across Africa.
In the news | 02.15.19 | Billy Ludt
Energy Impact Partners invests $20 million in Palmetto Clean Technology
Energy Impact Partners (EIP), a utility-backed energy investment firm, announced that it has provided up to $20 million in financing facilities to Palmetto Clean Technology, a solar and platform technology and fulfillment company focused on the distribution and democratization of clean energy products.
In the news | 02.15.19 | Jonathan Shieber
Palmetto gets $20 million credit line for its solar and energy efficiency installation marketplace
For homeowners that want to go green, but have trouble figuring out how to do it, Palmetto Clean Technologies has the answer. The company has an army of salespeople to pitch the benefits of solar power and energy efficiency, and will connect would-be clean energy consumers with financing options, installers, and software to monitor and manage their equipment.
Clean Energy & Solar FAQs
What is clean energy?
Clean energy is energy that is produced with methods that do not release greenhouse gasses or other pollutants. It can be generated from renewable resources like wind and solar.
Why is clean energy important?
Clean energy sources do not emit greenhouse gases in their energy generation processes. They are inexhaustible.
What are the benefits of Clean Energy?
Clean Energy reduces our reliance on Fossil Fuels. It can help mitigate climate change by reducing emissions. In the United States, about a third of emissions come from Coal and other Fossil Fuels. A transition to renewable sources would reduce this significantly.
Are the terms “renewable energy” and “clean energy” interchangeable?
No, not all renewable energy methods are clean energy. For example, Geothermal is renewable but the processing of it can have a negative environmental impact. By contrast, solar energy is considered both renewable and clean energy because solar installed on rooftops has little impact on the environment.
What is solar energy?
Solar energy is a clean, renewable energy source that converts energy from sunlight into electricity for your home using photovoltaic panels.
What are the benefits of solar energy as an energy source?
Using solar energy does not produce air pollutants or carbon dioxide. It helps reduce reliance on fossil fuels. -It’s Renewable. The sun gives us the energy to power the world and it won't run out. -It’s Clean and carbon dioxide free. No greenhouse gas emissions are released when you use solar panels to create electricity. -It has low operating costs. The process of solar panels converting sunlight into electricity does not require any fuel -Extra electricity can be stored in a battery or fed back into the electricity grid.
How do solar panels work?
Solar panels, also called photovoltaic or PV panels, consist of solar cells that are designed to capture the light and heat from sunlight and convert it into clean energy for your home. When sunlight hits your solar panel, the photons of energy are converted into DC (direct current) electricity, which is then converted into AC (alternating current) electricity for use in your home. Solar panels are often grouped together to form a solar grid or solar array, allowing you to capture and harness the right amount of energy for your needs.
Are solar panels really worth it?
Yes! Whether you're looking to save money, save resources, or protect the natural environment from the effects of climate change, solar energy is an effective way to tackle all three. Palmetto solar customers can save thousands over the lifetime of their solar energy systems—often earning credit on power they generate through net metering programs and recouping costs via various rebates and incentives. Meanwhile, the cost of grid electricity is only going up. On the environmental front, an investment in sustainable, solar energy allows you to dramatically decrease your carbon footprint and your reliance on fossil fuels. It’s also a great way to boost interest in clean technologies and the economies they support.
What is the solar market today in the United States?
The United States solar market has more than 2.5 million individual solar installations, ranging from home rooftop systems to large utility systems. Over the past decade, the solar market has grown, on average, by 49% each year.
What are the limitations of solar energy?
The amount of sunlight that arrives at the earth's surface varies depending on location, time of day, seasons, and weather conditions. A large surface area is necessary to collect a useful amount of energy.
Where can I learn more about the Solar industry?
Here are several governmental and industry resources.https://www.eia.gov/energyexplained/renewable-sources/