Palmetto Clean Technology

Palmetto Clean Technology (operating as Palmetto) is a Charleston, SC-based clean energy software and marketplace platform that simplifies the adoption of residential solar, HVAC, and other clean energy products across 25+ U.S. states. The company connects homeowners with a curated network of local installation partners through a technology-driven platform that handles everything from instant design and multi-product quoting to financing, installation oversight, and post-install monitoring via a consumer app. Their proprietary Clean Energy Operating Platform enables installers and enterprise partners to streamline sales, accelerate installs, and deliver a consistent customer experience at scale.

Palmetto's technology stack includes an Energy Intelligence API, instant solar design tools, a Power Purchase Agreement (PPA) product called LightReach Solar, and a Palmetto Comfort Plan for HVAC - all accessible through a unified software interface. The company positions itself as the "new utility," replacing the centralized fossil-fuel grid with a distributed, decentralized network of on-site renewable energy systems managed through a single platform. Their model benefits both the consumer (lower bills, smarter systems) and the installer ecosystem (better leads, faster workflows, and enterprise-grade software tools).

Palmetto is highly significant to the U.S. energy supply chain as one of the leading residential clean energy platforms by volume, having powered the equivalent of 97,000 homes for a full year. In January 2025, the company secured $1.2 billion to supercharge U.S. residential clean energy financing - a landmark raise that underscores its role as critical infrastructure for the distributed energy transition. The company also mobilized $300 million in ITC (Investment Tax Credit) transfers for corporate clean energy buyers, further embedding itself into the financial and policy architecture of America's clean energy supply chain.