New Report Finds Solar Costs Less But Battery Storage Costs Rise As Tesla (NASDAQ: TSLA) Remains In Top Three Battery Brands; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Tesla PowerWall Installer
EnergySage’s 13th Semiannual study released yesterday, Solar Marketplace Intel Report™, reports that the cost of solar went down in a survey of 37 states through June 2021, but storage prices are creeping up 10% from Q3 2020 through Q2 2021. It also found that Tesla (NASDAQ: TSLA) remains in the top three brands in rechargeable solar batteries, but that Enphase has emerged as the market’s most quoted battery brand. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is active in the solar rechargeable battery industry and is an authorized installer of Tesla’s PowerWall brand.
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
New Report Finds Solar Costs Less But Battery Storage Costs Rise As Tesla (NASDAQ: TSLA) Remains In Top Three Battery Brands; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Tesla PowerWall Installer
The new report from EnergySage, released yesterday, found that solar dropped in price to consumers, including factors such as equipment and consumer preference trends. The report found that pricing in a 37 state marketplace dropped about 6% year-over-year in the time period studied.
By contrast, battery storage of solar energy rose some 10% in the period — on a cost per kilowatt basis. Three brands — Enphase, LG Energy Solutions and Tesla — accounted together for more than 85% of energy quotes. New Report Finds Solar Costs Less But Battery Storage Costs Rise As Tesla (NASDAQ: TSLA) Remains In Top Three Battery Brands; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Tesla PowerWall Installer.
In the green renewable energy space, Solar Integrated Roofing Corp. (OTC PINK: SIRC) has been active in growing its footprint in the total solar space. In renewable solar battery storage, SIRC has been an authorized installer of Tesla’s (NASDAQ: TSLA) PowerWall battery storage product. It gives SIRC the ability to sell and install a complete solar package to its clients — the roof, solar and brand renewable storage battery. The comprehensive package has been important for SIRC’s volume growth.
David Massey, Chairman and CEO of SIRC, said the company is growing by acquisitions as well as internally-generated or organic growth. “The acquisitions drove annual revenues to a record $17.1 million and set us on a course to achieve at least $100 million in the twelve months ended May 31, 2022. Our focus on rapidly growing, high margin acquisitions has significantly grown sales, allowed us to now capture the full lifecycle of our customers, and brought new synergies and efficiencies across the SIRC family of companies. Due to this, we expect to achieve profitability in FY 2022.”
The EnergySage new report also found that solar consumers were quoted consumer-friendly loans — some as low as 2.999% in the first half of 2021, reflecting the reduced cost of money. That attractive rate is drawing attention. New Report Finds Solar Costs Less But Battery Storage Costs Rise As Tesla (NASDAQ: TSLA) Remains In Top Three Battery Brands; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Tesla PowerWall Installer.
“The consumer demand we;re seeing for energy storage on our platform is remarkable,” said Vikram Aggarwal, EnergySage CEO and founder. He noted that prior, solar loans stagnated — but finally began to drop in the first half of 2021. Consumers find loans in the 12-20 year range the most popular with some rate starting out as little as 0.99%. New Report Finds Solar Costs Less But Battery Storage Costs Rise As Tesla (NASDAQ: TSLA) Remains In Top Three Battery Brands; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Tesla PowerWall Installer.
As the Congress debates and finalizes a total infrastructure bill, it would include extended and additional solar tax credits and EV Charging Station build out grants. To forms like Solar Integrated Roofing Corp. (OTC PINK: SIRC), the infrastructure program is key to future renewable green support spending — such as federal tax credits for solar installations, rebates for purchases of new EV electric cars and outright grants for build out more EV electric charging station installations.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock
Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press
