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Solfium app makes it easier to understand the costs and benefits of installing solar panels

Solar panels on a roof
Published: 3 October 2022

Solar energy has a great deal of potential 鈥 but the areas where it is produced are not always the same places the energy is needed most. That鈥檚 a barrier to widespread adoption, and Canadian-Mexican startup Solfium wants to accelerate solar鈥檚 adoption by making it easier to understand the economics of installing solar panels. The company鈥檚 mobile application is a one-stop shop for a quick estimate of the benefits and costs associated with installing solar energy. Users input information from their electricity bill and are instantly provided with a quote and financing options. Then, they can manage the installation process through the app too. 鈥淭he system pays for itself with savings,鈥 says co-founding CEO Andres Friedman in an interview with Karl Moore for Forbes. 鈥淲hether you pay for it upfront or you're financing it, the unit economics are amazing.鈥

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