Boston Solar
Boston Solar is a regional residential and commercial solar installation company based in Woburn, Massachusetts, serving homeowners and enterprise clients across the New England region through direct sales and Sunrite LLC financing partnerships.
- Company typePrivate
- Founded2011
- HeadquartersWoburn, United States
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
What Boston Solar does
Boston Solar is a regional solar installation company headquartered in Woburn, Massachusetts, founded in 2011 and operating across the Massachusetts and New England region. The company designs and installs solar panel systems for two customer segments: residential homeowners seeking energy cost reduction and sustainability, and commercial clients including large facilities such as Fenway Park. Its core technology is solar installation systems delivered as project-based services, with no proprietary software platform disclosed; the underlying business is fundamentally an installer rather than a technology company.
Revenue is generated primarily through one-time installation contracts for residential and commercial solar systems, supplemented by transaction-fee revenue from a financing partnership with Sunrite LLC that enables $0-down solar leasing and Power Purchase Agreement (PPA) arrangements for homeowners. Pricing is quote-based, determined by system size, equipment specifications, and installation complexity. The go-to-market motion is sales-led and direct: the company engages customers through field sales for residential work and direct enterprise engagement for commercial projects, supplemented by the Sunrite financing channel for mid-funnel customer activation.
In 2025 the company reported $24 million in revenue, up 22% year-over-year. The company was previously a subsidiary of SinglePoint (NYSE:SING), under whose ownership it acquired Ecodaptive in June 2022 under a $100 million framework agreement. In March 2026, Powell Max Limited (NASDAQ:PMAX) signed a non-binding letter of intent to acquire The Boston Solar Company for $9 million, with closing targeted for May 2026, and the company simultaneously announced the Sunrite financing partnership as part of its growth strategy ahead of that transaction.
Boston Solar firmographics
Firmographics- Name
- Boston Solar
- Legal name
- The Boston Solar Company
- Website
- https://bostonsolar.us
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Boston Solar is a regional residential and commercial solar installation company based in Woburn, Massachusetts, serving homeowners and enterprise clients across the New England region through direct sales and Sunrite LLC financing partnerships.
- Ownership category
- akta.pro rank
Boston Solar industry classification
Industry- Product category
- Solar Installation Services
- NAICS
- Solar Electric Power Generation (221114), Roofing Contractors (23816)
- SIC
- Electric Services (4911), Asphalt Paving & Roofing Materials (2950)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)
Keywords
Where Boston Solar is headquartered
LocationHeadquarters
- HQ city
- Woburn
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Boston Solar business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales
Revenue model
- Solar Installation Services: One-time installation revenue from residential and commercial solar panel systems. The company installs solar panels and related equipment for customers in Massachusetts and New England.
- Solar Financing Partnerships: Revenue generated through partnerships with financing providers like Sunrite LLC, offering solar leasing and PPA (Power Purchase Agreement) options to homeowners, enabling $0-down solar adoption.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | Solar installation pricing varies by system size and customer requirements |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels2 records
Boston Solar product offering
Product offeringCore offering
Boston Solar is a regional solar installation company serving Massachusetts and New England. It designs, sells, and installs solar panel systems for residential homeowners and commercial clients, and also offers roofing replacement services. The company provides $0-down financing options through a partnership with Sunrite LLC, including solar leasing and PPA (Power Purchase Agreement) arrangements.
Product overview
Boston Solar is a regional residential and commercial solar installation company based in Massachusetts and New England. The company provides solar panel installation services for homeowners and commercial clients, including notable accounts such as Fenway Park. Boston Solar partnered with Sunrite LLC to offer $0-down solar leasing and PPA (Power Purchase Agreement) financing options to homeowners in Massachusetts. As of 2025, the company reported $24 million in revenue with 22% year-over-year growth, and had expanded into the commercial market. The company was subject to acquisition by Powell Max Limited for $9 million, expected to close by May 2026.
Differentiator
Problem solved
Functional benefit
Products and services
- Residential Solar Installation Design, sale, and installation of solar panel systems for residential homeowners in Massachusetts and New England, reducing energy costs and supporting sustainability goals.
- Commercial Solar Installation Solar panel installation services for commercial enterprises and large facilities, including sports venues such as Fenway Park, helping commercial customers meet sustainability and energy-cost-reduction goals.
- Roofing Replacement Services Roofing replacement services provided to residential and commercial customers in Massachusetts, often paired with solar installation projects.
Quantifiable outcome
- 22% revenue growth in 2025
Companies that use Boston Solar
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Boston Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Boston Solar partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Sunrite LLCcoreBoston Solar partnered with Sunrite LLC to provide affordable solar leasing and PPA financing options for homeowners in Massachusetts. This partnership enables $0-down solar adoption and aims to expand solar adoption amid rising energy prices. The partnership is part of Boston Solar's growth strategy ahead of its proposed acquisition by Powell Max Limited.
- EcodaptivecoreBoston Solar acquired Ecodaptive under a $100 million framework agreement. This acquisition represents a significant strategic move to expand capabilities and market presence in the solar energy sector.
Scale indicators4 records
Recent moves4 records
Expansion highlights4 records
Boston Solar competitors and assessment
Company assessmentDirect peers
- Trinity Solar: Trinity Solar is one of the largest privately held residential solar installers in the US, headquartered in New Jersey and operating across the Northeast. Its regional focus, residential installer model, and financing partnerships make it a near-perfect direct competitor.
- Blue Raven Solar: Blue Raven Solar is a US residential solar installer known for its in-house financing product that enables $0-down solar adoption, directly analogous to Boston Solar's Sunrite LLC partnership. Comparable customer base and business model.
- Sunrun: Sunrun is the largest US residential solar, battery storage, and energy services company, offering leases, PPAs, and cash purchases through a direct-to-homeowner sales motion. It is the most direct national comparator to Boston Solar's residential solar-plus-financing model.
- Momentum Solar: Momentum Solar is a residential and commercial solar installer with operations across multiple US states, using a direct sales model. Comparable installer economics, customer profile, and one-time installation + financing revenue mix to Boston Solar.
- Freedom Forever: Freedom Forever is a nationwide residential solar installer using a direct sales and dealer-driven model with financing partnerships. Its product offering, customer acquisition approach, and service mix closely parallel Boston Solar's residential business.
- SunPower: SunPower designs, manufactures, and installs residential and commercial solar systems, including through dealer networks such as Blue Raven Solar. Comparable product offering and customer base make it a direct head-to-head competitor to Boston Solar.
- Tesla Energy: Tesla Energy sells and installs residential solar panels, Solar Roof, and Powerwall batteries directly to homeowners. It competes with Boston Solar for the same Massachusetts homeowner customer using integrated hardware and direct sales.
Emerging players
- GreenSlate / Standard Solar: Standard Solar is a national solar EPC and O&M provider serving commercial, public-sector, and community solar customers. Comparable as a commercial solar EPC competitor for Boston Solar's emerging commercial segment (Fenway Park and similar accounts).
Broad incumbents
- Spruce Power: Spruce Power is a publicly traded owner and operator of distributed solar assets, acquiring and managing residential solar portfolios from regional installers. Comparable because it represents a likely exit partner for Boston Solar's lease/PPA book and competes indirectly for installer relationships in the Northeast.
Regional players
- Nexamp: Nexamp is a Massachusetts-based solar and battery storage developer and operator serving residential, commercial, and community solar customers across the Northeast. Strong regional overlap with Boston Solar's home market and overlapping customer base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights6 records
Customer concentration
Boston Solar social profiles
Digital presenceBoston Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Boston Solar leadership team
Management profileNumber of profiles
Profiles1 record
Boston Solar subsidiaries and ownership
Company hierarchySubsidiaries1 record
Boston Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Boston Solar M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Boston Solar
What does Boston Solar do?
Boston Solar is a regional solar installation company serving Massachusetts and New England. It designs, sells, and installs solar panel systems for residential homeowners and commercial clients, and also offers roofing replacement services. The company provides $0-down financing options through a partnership with Sunrite LLC, including solar leasing and PPA (Power Purchase Agreement) arrangements.
Is Boston Solar a public or private company?
Boston Solar is a private company. It is classified as corporate owned and is currently operating.
When was Boston Solar founded?
Boston Solar was founded in 2011. It employs 51 to 100 people.
Where is Boston Solar based?
Boston Solar is headquartered in Woburn, United States, in the North America region.
How does Boston Solar make money?
Two revenue lines are on record. Solar Installation Services are the primary driver. The others are solar Financing Partnerships.
Who are Boston Solar's main competitors?
Direct peers on record are Trinity Solar, Blue Raven Solar, Sunrun, Momentum Solar, Freedom Forever, SunPower and Tesla Energy. GreenSlate / Standard Solar is listed as an emerging player. Spruce Power is listed as a broad incumbent. Nexamp is listed as a regional player.
Does Boston Solar have an API?
No public API is recorded for Boston Solar.
What industry is Boston Solar in?
Boston Solar's product category is Solar Installation Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4911.