Spruce Power Holding Corporation today revealed its first customer for the Spruce Pro service. The company has signed a multi-year agreement with ADT, where Spruce Pro will handle and resolve warranty claims related to workmanship and equipment for customers of ADT’s former solar business, which was closed down earlier in 2024.
Chris Hayes, CEO of Spruce Power, stated, “We are proud to partner with ADT to provide a solution set to meet the specific servicing needs of the customers of their former solar business. This announcement underscores our strong commitment to grow Spruce Pro. Our goal is to unlock value from the significant investment in our servicing platform. This deal demonstrates our ability to provide tailored servicing solutions to the residential solar industry.”
Spruce Pro uses over ten years of experience managing its own residential solar assets to provide services for third-party owners of solar energy systems. These services include financial management, asset operations, customer support, and trading of environmental credits, all tailored to meet the specific needs of each client.