- Palmetto is a leading consumer energy platform focused on connecting corporate investment with residential clean energy deployment, particularly in the solar and storage sectors.
- In April 2026, Palmetto completed a $300 million Investment Tax Credit (ITC) transfer to two Fortune 1000 partners, reinforcing its capital markets strategy amid a growing transferable tax-credit market.
- The company has established partnerships with Fortune 1000 companies and is actively engaging in the transferable tax-credit market, which is projected to reach approximately $74 billion by 2026.
- Palmetto's ideal buyers are corporations seeking to invest in clean energy solutions, addressing the rising demand for affordable and reliable energy options as energy costs increase.
Sales and Support is Palmetto’s largest department with 56 employees, highlighting the company’s emphasis on customer acquisition and service. Business Management (43 employees) and Engineering (39 employees) make up the next-largest groups, underscoring a need for both operational oversight and product development expertise. Finance and Administration (33 employees) and Operations (28 employees) provide internal infrastructure, while Marketing and Product houses 24 employees focused on brand visibility and roadmap execution. Smaller yet strategic teams include Consulting, IT, Banking & Wealth Management, and an ‘Other’ category that collectively account for just over 20% of staff, pointing to a diversified talent base.
Palmetto maintains a distributed workforce, with the largest identifiable hubs in Charlotte, NC (32 employees) and Charleston, SC (13 employees). Additional clusters exist in New York, NY; Calabarzon in the Philippines; and San Francisco, CA, each with around 9–12 team members. Smaller groups operate in Las Vegas, Denver, Pittsburgh, and Philadelphia, while roughly two-thirds of employees are classified under ‘Other’ locations, reflecting a flexible or remote-friendly operating model that enables the company to draw talent from many regions.
