Company accelerating growth after announcement of $200M capital commitment from LL Funds
Dividend Solar announced today that it has hired Coby Rudolph to help lead the design and development of PACE home energy financing at Dividend. Mr. Rudolph previously served as the COO of Efficiency First, the leading national trade association for companies in the home performance industry.
“We are excited to bring Coby onboard to accelerate the growth of our home energy business,” says Eric White, President of Dividend Solar. “Our recent merger with Figtree enables us to finance a variety of efficiency and home performance products in addition to solar, and Coby will be a key driver of that growth.”
Mr. Rudolph joins Dividend following the Company’s announcement of its $200 million capital commitment and new PACE offering. Dividend Solar currently operates in 28 states through its network of quality-driven solar installation partners. The Company's solar loan enables customers across the U.S. to enjoy hassle-free ownership, with a package including performance guarantees, system monitoring and warranty management. Dividend will now also offer PACE financing, which allows property owners to access long-term financing that is repaid through their property taxes and does not carry the personal or business credit requirements of traditional loans.
As an executive with Efficiency First, Mr. Rudolph helped build Efficiency First’s member and state chapter networks, and worked with companies on policy and regulatory issues affecting the industry.
“I am thrilled to join Dividend and build out its home energy and efficiency financing capabilities,” says Mr. Rudolph. “I’m looking forward to working with a team that is focused on developing strong partnerships with quality energy contractors, solving contractor pain points and providing tools that help contractor partners succeed. Adding PACE home energy financing to the solar platform that is in place today will create a one-stop shop for all energy contractors.”