About HopeSource: Nonprofit Solar Energy
HopeSource is a nonprofit dedicated to supporting families in Puerto Rico. We operate exclusively with contributions from private investors, with a $100,000 entry.
Our mission
To close the gap for families who want clean energy. We subsidize part of each household’s solar system monthly payment —with contributions from private investors— so the renewable energy transition is easier to sustain month after month.
Our vision
A future where every family can produce its own solar energy, backed by a nonprofit that benefits households and the planet, thanks to those who contribute privately.
Our thesis: contributions that produce clean energy
HopeSource was born from a simple but powerful observation: the transition to solar energy is moving slower than it should, not for lack of technology or willingness, but because of a financial barrier. The monthly payment of a solar system leaves out thousands of families who, ironically, are the ones who would benefit most from savings on their electric bill. At the same time, there are private investors willing to contribute to a clear purpose. Our mission is to connect both worlds, as a nonprofit.
To achieve this, we direct contributions from private investors to a single front: subsidizing families’ solar monthly payments. We do not seek a return for those who contribute. That clarity lets us sustain the program with transparency and a single purpose: more homes with clean energy in Puerto Rico.
The solar subsidy is the heart of our purpose. Every private contribution becomes a percentage of the monthly payment a family no longer pays, month after month. That is the balance HopeSource pursues: real impact, sustained by those who contribute.
Why Puerto Rico, and why now
Puerto Rico is one of the most attractive residential solar energy markets in the world, and that is no accident. Electricity on the island is among the most expensive in the entire United States, which makes the savings generated by a solar system substantial from the very first month. On top of that, there is abundant and consistent solar radiation throughout the year, which maximizes panel production.
But there is a factor that goes beyond money: resilience. After years of hurricanes and prolonged blackouts, Puerto Rican families know what it means to be without electricity for days or weeks. A solar system with battery storage turns every home into a small power plant capable of running when the grid fails. For us, democratizing access to that energy security is the center of our mission.
Our impact
25–75%
Monthly payment subsidy
$100K
Investor entry
☀️
Families supported
Our team
A multidisciplinary team across renewable energy, social impact, and technology, committed to transparency and real impact.
Frequently asked questions about HopeSource
Does HopeSource handle the solar panels?
Not directly. HopeSource is the nonprofit that provides the subsidy, thanks to private investors. The sale of the equipment is carried out by authorized solar consultants, certified professionals with whom families work at every step of the process.
What makes HopeSource different from a traditional solar loan?
With a traditional solar loan or financing, the family pays the full monthly payment on its own. HopeSource, on the other hand, subsidizes part of that monthly payment (between 25% and 75% based on the project’s characteristics), reducing what the family pays each month. It is a subsidy program funded by private contributions, not a debt product.
Is the social impact real or just marketing?
It is the core of the model. Every family that joins lowers its electric bill, gains resilience against blackouts, and reduces its carbon footprint. We measure our impact by families supported and by the percentage of the monthly payment we manage to subsidize.