enerwealth solutions

What enerwealth solutions does

EnerWealth Solutions is a privately held, mission-driven solar development and financing company headquartered in Durham, North Carolina, that develops, finances, and owns distributed solar and battery storage assets leased to customers across the Southeastern United States. The company offers a portfolio of recurring-revenue products including the Power Pair Solar Lease Program (residential solar + battery at $185/month), standalone residential solar leases (from $145/month), standalone battery leases (from $87/month), commercial solar leases (a 325 kW managed portfolio serving houses of worship, small businesses, and non-profits), and long-term solar land leases (20–25 years) targeted at rural landowners pursuing agrivoltaics. Its operations center on North Carolina, supported by a contractor installer network spanning Eastern, Central, and Western regions (Cape Fear Solar Systems, Yes Solar Solutions, NC Solar Now, Southern Energy Management, 8M Solar, Rhino Renewables, Sugar Hollow Solar) and a community-led go-to-market that includes HBCU engagement, cooperative utility partnerships, and outreach to Black farmers and rural landowners.

EnerWealth's underlying technology combines conventional solar PV systems with battery storage, deployed under a leasing ownership model in which the company owns the installed systems, claims the federal Investment Tax Credit as the system owner, and passes the value to lessees through reduced lease payments. The leasing model eliminates homeowner complexity around tax credit filings and removes upfront capital barriers. Specialized offerings include agrivoltaics (dual-use solar and agriculture on small plots of 6–30 acres) and solar microgrids in energy-insecure rural regions. EnerWealth is a member of the Amicus Solar Cooperative and has strategic partnerships with Spruce Power (financing for the NC-first solar-plus-storage lease product), Roanoke Electric Cooperative (grid interconnection for rural solar+storage sites), and Duke Energy (diversity supplier capacity building).

The company generates revenue entirely through long-term subscription-style lease payments across residential, commercial, and landowner counterparties, with pricing publicly disclosed on its website. It was founded by CEO Ajulo Othow, who was featured in the 2024 Grist 50 list for her work bringing solar energy to Black farmers in the American South; the executive team comprises four named leaders (Ajulo Othow CEO, Scott Alexander CSO, Emily Sloss COO, Brian Liechti Director of Solar Leasing). No institutional funding rounds, PE/VC investment, or parent holding entity are disclosed in the available data.

Name

enerwealth solutions

Legal name

EnerWealth Solutions, LLC

Website

https://enerwealthsol.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

EnerWealth Solutions is a Durham, NC-based solar developer that owns and leases distributed residential, commercial, and community-scale solar and battery storage systems to North Carolina homeowners, rural landowners, and small institutions.

Ownership category

akta.pro rank

Product category

Solar Leasing Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation (22111), Commercial and Industrial Machinery and Equipment Rental and Leasing (5324)

SIC

Finance Lessors (6172), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar Operations, Maintenance & Asset Management (EUAMABAC), Solar Grid Integration & Interconnection Services (Studies, Protection, SCADA, Forecasting) (EUAMABAI), Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)

Keywords

• Residential solar leasing
• Commercial solar leasing
• Solar land leasing
• Battery storage leasing
• Community solar development

Headquarters

HQ city

Durham

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Residential Solar Leasing: EnerWealth owns solar (and battery) systems installed at customer homes and leases them to homeowners over a 25-year term. Customers pay monthly lease payments with a modest escalator. EnerWealth claims the federal solar tax credit (as the system owner), passing the benefit to customers through lower overall costs. No upfront costs to the homeowner.
2. Battery Leasing: Standalone battery storage leasing for homeowners who want backup power and grid resilience. Battery systems are owned by EnerWealth and leased monthly to customers, priced separately from solar.
3. Solar Land Leasing: EnerWealth leases land from rural landowners for solar farm development. Landowners receive long-term lease payments (typically 25 years or more) while EnerWealth develops, finances, and operates solar installations on the property. The company handles all development, construction, interconnection, and ongoing operations.
4. Commercial Solar Leasing: EnerWealth owns and manages commercial-scale solar assets (e.g., 325 kW) leased to or operated for commercial customers including houses of worship, small businesses, and non-profits. Revenue is generated through long-term lease arrangements with commercial hosts.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

EnerWealth Solutions develops, finances, and owns residential, commercial, and community-scale solar and battery storage systems, leasing them to homeowners, businesses, and rural landowners in North Carolina and the Southeastern U.S. under 20-25 year contracts. The company owns and operates the installed systems, handles all monitoring, maintenance, and repairs, and retains the federal solar tax credit as system owner, passing the savings to customers through zero-money-down leases.

Product overview

EnerWealth Solutions is a solar development and financing company offering a multi-tiered leasing portfolio across residential, commercial, and community-scale markets in North Carolina and the Southeastern U.S. The core offering is the Power Pair Solar Lease Program, which combines residential solar and battery storage in a single zero-money-down lease. Supporting products include standalone Residential Solar Leasing, Battery Leasing as an add-on, Commercial Solar Leasing for businesses and institutions, and Solar-Land Leasing for rural landowners. Micro Solar Leases target small-scale agrivoltaics for Black farmers. The company owns and manages installed systems, handles all monitoring, maintenance, and repairs, and transfers tax credit benefits to homeowners rather than requiring them to navigate complex tax filings.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Pair Solar Lease Program (Solar + Battery) A combined residential solar and battery storage lease offering for North Carolina homeowners. Zero money down, predictable monthly payments over 25 years with a modest escalator, built-in battery storage, no maintenance responsibilities, and automatic transfer of the federal solar tax credit to EnerWealth as system owner. Priced from $185/month.
• Residential Solar Leasing A solar-only lease for North Carolina homeowners offering zero money down, predictable monthly payments over a 25-year term with a modest escalator, with EnerWealth handling system monitoring, maintenance, and repairs. Priced from $145/month.
• Battery Leasing Standalone battery storage lease for homeowners who want backup power and grid resilience, priced separately from solar systems and offered at $87/month or more. Battery systems are owned by EnerWealth and leased monthly to customers.
• Commercial Solar Leasing Solar leasing for commercial properties including houses of worship, small businesses, and non-profits. EnerWealth owns and manages 325 kW of commercial solar assets in North Carolina under long-term lease arrangements.
• Solar Land Leasing (Community Scale) Long-term solar land lease program for rural landowners in the Southeastern U.S. requiring at least six cleared acres, adjacency to three-phase power lines, and proximity within five miles of a substation. EnerWealth handles development, construction, interconnection, and ongoing operations; landowners receive long-term passive lease income.
• Micro Solar Leases Compact solar array leases tailored for small-scale landowners and Black farmers, enabling agrivoltaics (dual-use solar and farming) on small plots. Designed to support rural landowners in generating passive income while continuing agricultural use and preserving generational farmland.

Quantifiable outcome

• EnerWealth owns and manages 325 kW of commercial solar assets in North Carolina
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

13 partnerships are on record, tiered core and minor.

• Roanoke CooperativecoreStrategic or Co-development Partner · 13 November 2025EnerWealth partnered with Roanoke Cooperative to launch two solar-plus-battery storage sites in northeastern North Carolina, advancing rural energy resilience and completing a statewide network. The partnership integrates EnerWealth's community-centered solar development approach with Roanoke Cooperative's electric grid infrastructure, benefiting underserved rural communities and supporting climate resilience. Sites feed power into Roanoke Electric Cooperative's grid.
• Spruce PowercoreStrategic or Co-development Partner · 6 October 2025Partnership between Colorado-based Spruce Power and EnerWealth Solutions to offer North Carolina's first 'solar plus storage' lease program. This collaboration enables residential customers to install solar panels and battery systems with no upfront costs, no maintenance responsibilities, and the potential to sell excess energy back to the grid. The program leverages Spruce Power's financing capabilities and EnerWealth's local market expertise and community relationships.
• HBCU Energy Leadership Pathway (E4 Carolinas)minorGTM or Marketing Partner · 1 June 2025EnerWealth hosted a summer intern (Cimone Wilson from North Carolina Central University) through the HBCU Energy Leadership Pathway Summer 2025 Internship program managed by E4 Carolinas. The internship focused on residential solar marketing and research for the Power Pair Solar Lease Program, including outreach to community stakeholders, environmental advocates, and potential program participants.
• Duke EnergyminorStrategic or Co-development Partner · 20 June 2022Duke Energy's initiative to diversify the solar energy industry included partnerships with minority-owned businesses like EnerWealth Solutions. The collaboration supports small-scale solar projects benefiting Black farmers and rural landowners, creates economic opportunities, promotes energy equity, and includes mentoring and capacity-building for diverse suppliers in utility-scale solar development.
• Amicus Solar CooperativecoreChannel Partner/ Reseller/ DistributorEnerWealth is a proud member of Amicus Solar Cooperative — North America's first purchasing cooperative for local, community-based solar businesses, founded in 2011. Membership provides collective buying power (wholesale equipment pricing), access to industry best practices, quality guarantees, and a national network of like-minded solar companies. The cooperative's average member has over 20 years of industry experience. Membership serves as a guarantee of quality, integrity, and fair pricing for EnerWealth's customers.
• Cape Fear Solar SystemscoreChannel Partner/ Reseller/ DistributorEastern NC installer in EnerWealth's trusted contractor network, based in Wilmington, NC. Cape Fear Solar Systems performs installations for EnerWealth residential solar lease customers in the Eastern North Carolina region.
• Yes Solar SolutionscoreChannel Partner/ Reseller/ DistributorCentral NC installer in EnerWealth's trusted contractor network, based in Cary, NC. Yes Solar Solutions performs installations for EnerWealth residential solar lease customers in the Central North Carolina region.
• NC Solar NowcoreChannel Partner/ Reseller/ DistributorCentral NC installer in EnerWealth's trusted contractor network, based in Raleigh, NC. NC Solar Now performs installations for EnerWealth residential solar lease customers in the Central North Carolina region.
• Southern Energy ManagementcoreChannel Partner/ Reseller/ DistributorCentral NC installer in EnerWealth's trusted contractor network. Southern Energy Management performs installations for EnerWealth residential solar lease customers in the Central North Carolina region.
• 8M SolarcoreChannel Partner/ Reseller/ DistributorCentral NC installer in EnerWealth's trusted contractor network. 8M Solar performs installations for EnerWealth residential solar lease customers in the Central North Carolina region.
• Rhino RenewablescoreChannel Partner/ Reseller/ DistributorWestern NC installer in EnerWealth's trusted contractor network, based in Asheville, NC. Rhino Renewables performs installations for EnerWealth residential solar lease customers in the Western North Carolina region.
• Sugar Hollow SolarcoreChannel Partner/ Reseller/ DistributorWestern NC installer in EnerWealth's trusted contractor network. Sugar Hollow Solar performs installations for EnerWealth residential solar lease customers in the Western North Carolina region.
• NC Climate Justice CollectiveminorGTM or Marketing PartnerEnerWealth promoted the Power Pair Solar Lease Program at a Solar Festival event co-hosted with NC Climate Justice Collective, demonstrating community partnership to expand outreach and solar education.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Sunrun: Sunrun is the largest residential solar lease and PPA company in the US, offering zero-money-down solar and battery leases similar to EnerWealth's Power Pair Program. Sunrun operates nationally with multi-gigawatt residential scale, representing the dominant scaled competitor EnerWealth faces in NC.
• Mosaic: Mosaic is a residential solar financing platform that originated solar loans and leases for homeowners nationally. Mosaic's lease and loan products compete directly with EnerWealth's zero-money-down lease model for residential solar customers, though Mosaic focuses more broadly across multiple states.
• PosiGen: PosiGen is a mission-driven residential solar leasing company focused on low- and moderate-income homeowners, with a similar zero-money-down leasing model and energy equity positioning. PosiGen's focus on underserved communities is the closest analog to EnerWealth's Power Pair Solar Lease Program for NC homeowners.
• Spruce Power: Spruce Power is a residential solar lease portfolio operator and financing partner that owns and manages thousands of residential solar and storage lease contracts. EnerWealth's October 2025 partnership with Spruce Power to offer NC's first solar-plus-storage lease places them in direct collaboration as well as competitive overlap for residential lease customers.
• Trinity Solar: Trinity Solar is one of the largest residential solar installers and lease providers in the US, with a strong presence on the East Coast including the Carolinas. Trinity Solar's residential solar lease model directly competes with EnerWealth's residential offerings in NC and neighboring states.
• Cypress Creek Renewables: Cypress Creek Renewables is a community solar and distributed generation developer with a focus on solar lease and PPA structures for landowners. Cypress Creek's community-scale solar lease model is comparable to EnerWealth's solar land leasing program for rural landowners in the Southeastern US.
• Sunnova Energy: Sunnova Energy is a residential solar and battery storage lease company operating nationwide with a focus on energy resilience. Sunnova's combined solar-plus-storage lease offering is directly comparable to EnerWealth's Power Pair program and represents a well-capitalized scaled competitor in the residential lease category.

Broad incumbents

• Duke Energy: Duke Energy is the dominant investor-owned utility in North Carolina and a historical partner of EnerWealth through its minority-owned business diversity initiative. Duke is both an incumbent utility whose proposed15.8-18.5% residential rate hikes create tailwinds for EnerWealth and a potential competitive threat through its own solar programs and net metering policy decisions.
• Tesla Energy: Tesla Energy (formerly SolarCity) operates a residential solar and Powerwall battery lease business at national scale with Tesla's brand and financing advantage. Tesla Energy's solar-plus-storage lease is a direct substitute for EnerWealth's Power Pair offering, though Tesla is a broader incumbent across EVs and energy storage.
• SunPower: SunPower is a long-established residential and commercial solar company offering solar lease, PPA, and purchase options across multiple US markets. SunPower's broader product portfolio and national scale position it as a broad incumbent competitor with overlapping but not specialized offerings relative to EnerWealth's mission-driven focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/enerwealth

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about enerwealth solutions