Ancillary products for a residential solar lending program typically include:

1. Solar panel insurance: This product covers the cost of repairing or replacing solar panels in the event of damage, such as severe weather, theft or vandalism. It is important for homeowners to protect their investment in solar panels.
2. Home energy audit: This service helps homeowners identify areas of their home where energy is being wasted, and provides recommendations for upgrades or changes that can help them save money on their energy bills.
3. Energy-efficient upgrades: This product provides financing for energy-efficient upgrades such as high-efficiency HVAC systems, insulation, and energy-efficient windows and doors.
4. Battery storage: This product provides financing for energy storage systems that allow homeowners to store excess solar power generated during the day for use at night or during periods of high demand.
5. Electric vehicle charging station: This product provides financing for the installation of an electric vehicle charging station, which can be powered by the solar panels on the homeowner's roof.
6. Home automation: This product provides financing for smart home technology that can help homeowners optimize their energy usage and save money on their energy bills.

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These ancillary products can help homeowners maximize the benefits of their solar panels and achieve greater energy independence.

For banks and credit unions exploring the benefits of building a solar lending program, ancillary products present a meaningful opportunity as well through additional lending opportunities and partnerships.  

For more information regarding the benefits and risks of starting a solar lending program, Schedule time with Atmos Financial.

Atmos builds bespoke best-in-class solar lending and solar-related programs for lenders in as little as a few weeks. Through Atmos, banks and credit unions earn fee income, an attractive NIM, minimize program operating costs and acquire high-potential customers.