EverBright vs GoodLeap: The PPA vs Loan Battle
The Problem: With loan dealer fees sky-high, many installers are pivoting to Third-Party Ownership (TPO) models like Power Purchase Agreements (PPAs) or Leases to offer customers a zero-down, day-one savings option. The bottleneck is finding a platform that excels at TPO underwriting while still offering a slick sales experience.
For installers aggressively pivoting their sales teams to PPAs to bypass loan dealer fees, EverBright is the superior choice. Backed by NextEra Energy, EverBright's entire platform is purpose-built to originate and manage TPO contracts, offering deeper localized PPA rates than GoodLeap's loan-first engine.
Critical Comparison Criteria
| Criteria | EverBright (formerly Sighten) | GoodLeap |
|---|---|---|
| TPO (PPA/Lease) Focus | Core DNA ✦ | Secondary Product |
| Loan Focus | Secondary Product | Core DNA ✦ |
| Cost of Capital Stability | NextEra Energy (Massive) ✦ | Broad Capital Markets |
| Sales App Experience | Strong | Industry Leading ✦ |
| Dealer Fee Avoidance | Excellent (via TPO) ✦ | Poor (on Loans) |
| Underwriting Speed | Fast | Instant ✦ |
Lumen's Take
GoodLeap dominates the loan space, and they do offer a TPO product. But EverBright's DNA is fundamentally rooted in the PPA model (via NextEra). If your strategy to beat 30% dealer fees is to stop selling loans entirely and switch to a PPA model, EverBright provides a much more robust and competitive TPO pricing engine. If you want to offer both loans and PPAs in a single app, GoodLeap is the safer hybrid bet.