Showing posts with label marketing. Show all posts
Showing posts with label marketing. Show all posts

Thursday, June 13, 2013

Solar Project Development - There's an app for that!

       In these days where technology is constantly advancing in society, there has continuously been many varieties of apps in the market that may satisfy anyone's needs. Even solar installers and developers have thought of the idea that they should possibly develop their own app (as business is usually operated when you choose to accommodate the needs of the public, which also includes the topic of conveniently having your services be available).
       A recently developed app, known as Solar Site Design (SSD), happens to be a free app available to anyone that may possess a smartphone or any smart electronic device. The app, in essence, is a project management solution for solar professionals in that it helps streamline the project development process by enabling mobile data gathering and uploading project specifications to the content management system. The data for all active projects is, then, available anywhere and anytime (either with the app or on a web browser) so that solar installers and solar professionals are able to view the files on hand.
       Solar Site Design's aim is to reduce the "soft costs" of solar project development by streamlining the process of acquiring new customers and having convenient access to local utility processing and any paperwork required. Project professionals can also input data, pictures, and even videos of the solar site during project walk-throughs and accessibility through the app or the website.
       According to Eco Branding, a company specialized in providing marketing services to clean-tech and sustainable businesses, they compliment the use of SSD as follows:
    Typically, installers will visit each site multiple times, and files permitting and municipality regulations in order to get all the requisite information for feasibility drawings. However, with SSD's free application, installers are guided through a data collection process at their initial sales visit with home or business owners. Once all the data is synced to the Solar Site Design interface, SSD's team of solar engineers look over the data and prepare a feasibility report for the installers. Depending on the scale of the project, the report can take between 2 and 5 business days. This technology reduces costs for contractors and makes it easier to acquire more customers.

Friday, March 1, 2013

A Closer Look into SolarCity

      SolarCity has gone public during a rough time in 2012, where they were forced to close 47% above its $8-a share initial public offering price because investors were being initially unreceptive. The original offering price SolarCity had in mind was estimating between $13 and $15, causing it to raise $141 million. However, since they were forced to lower their share prices, they raised $92 million.
      Besides Enphase Energy (ENPH) opening public in March, SolarCity is actually the first clean technology company to get involved publicly while the stock market, in reference to solar energy, has been failing (due to the Chinese leading because of its low prices). Enphase Energy, a company which makes products to help improve solar efficiency, has had its stock price lowered by half. BrightSource Energy, another solar company planning to go public in April, had cancelled its initial public offering price.
      Recently, SolarCity has been able to make a comeback and raise their stock price from $8 to $19. The reason for this was released in an interview by Fortune Magazine; SolarCity comments "our business is totally different. We're an energy company. We install solar systems for free, and we sell the electricity at a lower rate than you can buy it from the utility. So given the option of paying more for dirty power or paying less for clean power, what would you take?"
     SolarCity has previously commented that they install solar systems for free but this option is only available as long as you reside in the 14-state territory where their locations operate. They also took consideration in deciding what states to hold their operational locations in by looking at the current price of electricity, observing how much sun the market receives, and looking at the state's tax incentives. For example, in Arizona, there is cheap electricity but they obtain an incredible amount of sun. In Oregon, there isn't a great amount of sun but Oregon has a strong state incentive, whereas they want to see residents adopt clean energy.
     SolarCity also operates in marketing their products in Home Depot. While potential customers walk into Home Depot to purchase products, solar consultants explains that they can get a free solar system and pay less for electricity. They only pay Home Depot per customer they sign up.
     There seems to be some great potential in SolarCity because they indeed have a different business model. Who wouldn't love to indulge in a free solar system, where you're able to pay less for electricity? Now, if only they opened their locations in many areas in the East Coast.