Solar’s Overlooked Profit-Maker Is Renewable Solar Storage Battery With Study Showing 70% Of Outage-Anxiety Consumers Ready To Buy With Initial System Purchase; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized In-staller Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System

 In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: FSLR, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NYSE: GM, NYSE: SPRQ, OTC PINK: SIRC

Solar sales are not complete until the complete system is sold, including a high-margin solar rechargeable battery. SunPower’s 2021 new Energy Sense Index Survey of 1,500 homeowners in U.S. finds that power outages, energy instability and higher electric costs are driving solar and storage sales. Outage-anxiety is impacting homeowners. Some 70% of the power outage-fearing group of consumers surveyed are planning to buy an energy storage battery in their initial solar purchase to protect them from a future occurrence. Solar Integrated Roofing Corp. (OTC PINK: SIRC) is an authorized installer Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System as part of a solar system.

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).

Solar’s Overlooked Profit-Maker Is Renewable Solar Storage Battery With Study Showing 70% Of Outage-Anxiety Consumers Ready To Buy With Initial System Purchase; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Installer Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System

The SunPower (NASDAQ: SPWR) Index survey also found that found that 70% of the power outage-fearing group of consumers surveyed are planning to buy an energy storage battery in their initial solar purchase. They have outage-anxiety, the survey says, and are prime potential customers for solar system and battery installations. Solar’s Overlooked Profit-Maker Is Renewable Solar Storage Battery With Study Showing 70% Of Outage-Anxiety Consumers Ready To Buy With Initial System Purchase; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Installer Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System.

But there’s another reason for the popularity of solar renewable batteries. Yes, they are efficient and save solar-generated energy on cloudy days. But in a growing number of states, utility companies are attempting to raise the homeowner cost of accessing the central electrical grid. Utilities are also seeking to reduce rates they need to pay solar customers for solar-generated electricity. So, better to store the excess electricity that solar generates then sell it at reduced rates — while paying utilities more for solar access to the grid.

Solar system-owning homeowners then can store the energy their systems generate, and use it themselves off the grid, than endure lower rates if selling additional solar to the power companies. This issue was recently fought in California — where solar is actually mandated for most new residences, multi-family dwellings (apartments) and even commercial buildings. If this is a continuing issue, better to try and remain off the central electrical grid.

What makes solar batteries even more important is that in states like California where this has become an important matter, progressives are really arguing among themselves. Solar mandates have already been passed, yet utility companies and other progressives argue that solar is owned primarily by high-income individuals and, therefore, do not wish to subsidize solar-owners with high buyback policies. In fact, they wish to penalize them with higher access rates to the central grid. That’s putting solar in between a haves-not haves issue.

Stay tuned for that same argument as electric vehicles and EV Charging Stations grow. Already, federal government executives seek to place EV Charging Stations in poorer financial neighborhoods to stimulate purchases of electric vehicles by less income residents. Solar’s Overlooked Profit-Maker Is Renewable Solar Storage Battery With Study Showing 70% Of Outage-Anxiety Consumers Ready To Buy With Initial System Purchase; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Installer Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System.

This desire for solar storage batteries is growing as the demographics of solar buyers is also changing dramatically. Some 74% of solar energy users are generation Z, millennials or baby boomers, people who are in lower income brackets —- under $100,000 — are also considering solar adoption. So as more solar buyers earn less than $100,000 annually —The index now says 75% of homeowners surveyed considering solar make less than that figure — the counter-argument makes little sense. Solar, it seems, is attractive to more people at all income levels, wealthy or poor.

Solar Integrated Roofing Corp. (OTC PINK: SIRC) is bullish on solar energy and projects its FY 2023 sales will reach $250 million. 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. Solar’s Overlooked Profit-Maker Is Renewable Solar Storage Battery With Study Showing 70% Of Consumers Ready To Buy With Initial System Purchase; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is Authorized Installer Of Tesla’s (NASDAQ: TSLA) PowerWall Battery System.

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.” He also predicts FY 2023 sales of some $250 million for SIRC. Most recently, Massey said that SIRC, inclusive of acquisitions, could within 24 months realize $300 million in new revenues.

SIRC achieved a 600% sales jump in July over last year’s volume for the month, preliminary and unaudited numbers show. SIRC reported volume for July 2021 of $10.5 million — the highest per month sales totals for the company. Massey said in a new live Q&A online session with shareholders and the total investment community. Massey projects $100+ million in sales for FY 2022 and $200 million in FY 2023.

Tailwinds also favor solar and SIRC. Congress is still debating a final total infrastructure bill which would include extended and additional solar tax credits.  To firms like Solar Integrated Roofing Corp. (OTC PINK: SIRC), the infrastructure program is key to future renewable green spending — such as federal tax credits for solar installations. Biden has said he wants to double the number of solar panels in operation in the U.S.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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