Spruce Power Holding Corporation

Spruce Power owns and operates solar panels on homes across the United States. Homeowners pay a monthly subscription to use the electricity generated by these systems instead of buying power from a traditional utility. The company also sells solar renewable energy credits (SRECs), which are certificates that represent the environmental benefit of generating clean energy. Spruce also runs a software platform called Spruce Pro that handles billing, customer support, and record-keeping for solar system owners and other companies that own residential and commercial solar installations.