Christian Fong

Spruce Power Expands Business Model to Offer Energy Storage, EV Chargers to its 80,000 Customers

Retrieved on: 
Thursday, February 4, 2021

One of the first residential power companies to offer customers the ability to add home batteries as a retrofit to existing solar photovoltaic (PV) systems, the company formerly known as Spruce Finance has also unveiled its new company name, Spruce Power.

Key Points: 
  • One of the first residential power companies to offer customers the ability to add home batteries as a retrofit to existing solar photovoltaic (PV) systems, the company formerly known as Spruce Finance has also unveiled its new company name, Spruce Power.
  • "Spruce Power is extending our business model and product offerings to deliver comprehensive energy solutionsto our large customer base," said Christian Fong, CEO of Spruce Power.
  • As a leader in home power systems, Spruce is continually evaluating partnerships to bring advanced distributed energy resource technologies to market.
  • The expansion of Spruce's business model aligns with the needs of the changing residential renewable energy market.