Tesla (NASDAQ: TSLA) Wins As Least Expensive Solar Quoted Option In New Study As Enphase (NASDAQ: ENPH) Gets High Marks For Storage Quotes Mar-ket Share Growth; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is A Certified Tesla Installer And Utilizes The ‘Enphase Energy System’ IQ Battery Brand
Both Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) were the big winners in the new 14th annual Solar Marketplace Intel Report™ from EnergySage. Tesla topped all competitors as the least expensive of all quoted solar options for battery brands in H2 2021. Enphase (NASDAQ: ENPH) won as gaining most market share for quoted brand batteries compared to 22 different brand competitors. Almost half of all quotes submitted for solar brands came from Enphase. Solar Integrated Roofing Corp. (OTC PINK: SIRC) was also a big dual winner: it is a Certified Tesla Installer of its PowerWall solar batteries and also utilizes the ‘Enphase Energy System’ IQ Battery Brand in its solar installations.
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), ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), 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).
Tesla (NASDAQ: TSLA) Wins As Least Expensive Solar Quoted Option In New Study As Enphase (NASDAQ: ENPH) Gets High Marks For Storage Quotes Market Share Growth; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is A Certified Tesla Installer And Utilizes The ‘Enphase Energy System’ IQ Battery Brand
The new 14th annual solar survey by EnergySage found that Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) were standouts in the field in 2H 2021 for winning quotes in solar system quotations, being the least expensive and gaining the most market share in branded solar battery quotes in the period of the report.
SolarSage found that there were 13% more battery storage systems installed in the second half of 2021. First and foremost, some 69% of solar buyers want backup power for their solar systems — and 51% want to achieve savings on utility rates. Financial considerings and savings are key to making solar purchase decisions.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) was a really big winner because it utilizes both Tesla (NASDAQ: TSLA) and Enphase (NASDAQ: ENPH) brands in its branded solar equipment for residential installations.
As SIRC builds a national footprint in solar installations, using the two most popular solar equipment brands is a positive trend. Tesla (NASDAQ: TSLA) Wins As Least Expensive Solar Quoted Option In New Study As Enphase (NASDAQ: ENPH) Gets High Marks For Storage Quotes Market Share Growth; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is A Certified Tesla Installer And Utilizes The ‘Enphase Energy System’ IQ Battery Brand.
For years, SIRC has been a certified installer of Tesla’s PowerWall brand solar rechargeable batteries. It recently announced it has also reached a new pricing agreement with Enphase for the pricing of its ‘Enphase Energy System’ Including IQ Batteries, IQ Microinverters And Communications Software. It enables SIRC more margins for its national solar installations in 40 states from its 250+ sales teams and commercial development firms.
ENPH is a darling of Wall Street investors, who have exponentially increased the pricing and exposure of ENPH stock. Founded in 2006, Enphase’s revolutionary microinverter technology has changed the solar industry. The company has installed more than 39 million microinverters on some 1.7 million homes in more than 130 countries.
SIRC’s family of companies can now install in customers’ homes Enphase’s 3R rated IQ batteries designed to work with grid-tied solar panel systems. It offers customers reliable solar backup power and an all-in-one AC-coupled storage system that is smart, simple, and safe.
The IQ8 is Enphase’s smartest microinverter yet and changes the paradigm for solar technology, which otherwise requires a grid connection to operate.
SIRC announced that the Enphase Energy System can be controlled through a smart mobile app to determine how much power a customer is making, using and saving in real time. Customers also have access to the Enphase-exclusive Envoy Communications System and Enlighten website.
David Massey, founder and CEO of SIRC, says, “Enphase is a leader in home energy systems, and we are privileged to provide its energy solution to our over 250 sales teams spanning 40 states and our commercial development firms. Tesla (NASDAQ: TSLA) Wins As Least Expensive Solar Quoted Option In New Study As Enphase (NASDAQ: ENPH) Gets High Marks For Storage Quotes Market Share Growth; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is A Certified Tesla Installer And Utilizes The ‘Enphase Energy System’ IQ Battery Brand.
“I have used Enphase micro inverters since 2006 and have the utmost confidence in their products. Further integrating Enphase into our sales mix comes at an opportune moment as homeowners are increasingly interested in a backup battery system in a time of extreme weather and frequent power interruptions. This comprehensive supply solution is often significantly less expensive as compared to a consumer’s electric bill, while our attractive 0.99% project financing and 25-year warranty provides a highly compelling reason to evaluate the switch to solar.”
Financial savings are an important driver of a commitment to installing a solar system, the new report finds. That trend is an intriguing one because of the controversy over the impact of new net metering policies by state legislatures and utilities. If prices paid to solar owners for solar-generated electricity declines — and new fees are made to solar owners for access to the central electrical grid — the financial savings calculated for new solar owners becomes a non-factor. This is especially true in California and Florida, where the issue is a major buying matter.
Nowhere is it seen in the new Solar Marketplace Intel Report™ that solar buyers want solely to use solar power to cut carbon emissions from fossil fuel energy. That be a politically-popular end result, but does not appear to be a driving force in buying solar.
This 14th study of the Solar Marketplace Intel Report™ reports that 34% of solar consumers surveyed buy solar for self-supply reasons. So, increasingly, solar residential systems are purchased: 1) to beat utility price points; 2) to create backup power; 3) for self supply; and to live completely off the grid.
This new report also finds that the same five states are the leaders in solar: California, Texas, Florida, North Carolina and Arizona. As SIRC builds its national footprint in solar installation, these are five key states in its solar operation strategy. Weather makes them perfect for solar — leading the US in sunny days.
SIRC’s core business is rooftop solar systems and rechargeable solar battery systems. Some utilities have so much solar-generated excess electricity being sold to them, they have to resell it again to other utilities out of state. This is the situation in states such as California — which has 1.3 million solar system households. Central electricity grids cannot handle all the solar powered electricity they receive.
In Florida, where SIRC hopes to be a major solar factor, the opportunity for solar is great. Weather is perfect for solar, but utilities such as FP&L are hurting the growth of residential solar by backing a controversial bill requiring a change net metering pricing policy seemingly against solar owners and in favor of lower incme ratepayers. The measure is so controversial that California — the nation’s largest solar state — it has been ‘punted’ away.
SIRC is well positioned in this strategy because it is an authorized installer of Tesla’s (NASDAQ: TSLA) PowerWall Rechargeable Solar Battery Systems.
Homeowners and small business, which are potential buyers of solar systems, can see clearly that 2022 offers them a rare chance to beat central grid electricity increases. They can also move now to beat the solar federal tax credit drop from 26% to 22% in 2023.
Tesla (NASDAQ: TSLA) Wins As Least Expensive Solar Quoted Option In New Study As Enphase (NASDAQ: ENPH) Gets High Marks For Storage Quotes Market Share Growth; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Is A Certified Tesla Installer And Utilizes The ‘Enphase Energy System’ IQ Battery Brand
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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