ENERSOURCE and Corpay announce strategic partnership to streamline vendor payments for solar installers
Solar installation companies to benefit from enhanced rebates and real-time visibility on material purchases
PENSACOLA, Fla. – DATE – ENERSOURCE and Corpay have joined forces in a strategic partnership aimed at providing comprehensive payment solutions tailored for solar installers and Engineering, Procurement and Construction (EPC) companies. This collaboration is set to deliver industry-leading rebates on everyday business expenses and favorable payment terms for material purchasing. The newly-founded partnership between ENERSOURCE and Corpay will not only offer cost savings to ENERSOURCE members, but also ensure real-time visibility of all payment activity.
Founded in 2023, ENERSOURCE is a solar group purchasing organization that partners with utility-scale developers, commercial and residential installers, as well as solar manufacturers and vendors to provide its members with market-leading pricing and terms on solar materials and solutions.
“As a previous CFO to a large residential installer,” says Jon McDonald, Co-Founder of ENERSOURCE, “I utilized the Corpay purchasing card for all of our company’s purchasing requirements. This allowed us to maximize rebates and assist in cash flow management with zero fees. The partnership between ENERSOURCE and Corpay allows us to offer this same solution with even better rebates and improved terms to all solar installers, regardless of volume. The solution is easy to set up and is the best product in the market for purchasing solar materials. All installers should have this payment tool in their company toolbox.”
Corpay is a leading financial technology company that specializes in intelligent payment automation. Whether consolidating card programs, managing expenses on the go, or automating payment workflows, Corpay helps ensure businesses gain complete control and visibility of all transactions while simultaneously cutting costs and maximizing efficiency. As the number-one B2B commercial Mastercard® issuer in North America, Corpay helps businesses mitigate clients’ risk of payment fraud by enrolling suppliers, independently collecting their payment remittance information, and safeguarding in-network payments with a comprehensive security and compliance infrastructure.
“We are excited to announce this relationship between ENERSOURCE and Corpay, which aims to provide utility and residential scale installation companies with a simpler way to pay vendors and resources,” says Caleb Jenkins, Manager of Business Development for Corpay. “We want to help equip ENERSOURCE members with improved, zero-fee cash flow management.”
For more information about ENERSOURCE’s partnership with Corpay, please visit www.enersource.io or contact a representative directly.
About ENERSOURCE
ENERSOURCE is a Group Purchasing Organization and Solar Cooperative whose purpose is to enhance the renewable energy supply chain by harnessing the collective power in numbers and technology. As an invitation-only group, once accepted, it is a simple process to join with no annual fees. Members will then have access to special negotiated pricing, cash flow solutions and other collaborative and educational initiatives.
About Corpay
Corpay is a global leader in business payments, helping companies of all sizes better track, manage, and pay their expenses. Corpay provides customers with a comprehensive suite of online payment solutions, including Bill Payment, AP Automation, Cross-Border Payments, Currency Risk Management, and Commercial Card Programs. As the #1 B2B commercial Mastercard® issuer in North America, Corpay handles over a billion transactions each year. Corpay is part of the FLEETCOR (NYSE: FLT) portfolio of brands. To learn more visit www.corpay.com.