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645: How To Survive The Residential Solar Crash, expert opinion from REC & EnergySage

645: How To Survive The Residential Solar Crash, expert opinion from REC & EnergySage

FromSunCast


645: How To Survive The Residential Solar Crash, expert opinion from REC & EnergySage

FromSunCast

ratings:
Length:
57 minutes
Released:
Oct 31, 2023
Format:
Podcast episode

Description

High interest rates and inflation have had a major impact on market potential for residential solar customers this year.  Unfortunately, Homeowners generally view solar as a high dollar discretionary purchase rather than a valuable investment. Thus, we are seeing a bottoming out of residential solar sales compared with years’ past. In today’s discussion, we get to the bottom of what the data suggest is going on, and what you can do about it. Brian Ghiglia, Senior Director of Business Development at REC and Spencer Fields, Director of Insights at EnergySage, discuss the insights from millions of proposals generated via online clean energy marketplace (EnergySage) and data-driven strategies (adaptive selling) utilized by veterans to encourage homeowners to choose solar, even in a down market. In this conversation, Brian and Spencer discuss the importance of educating homeowners on more than just first-month savings. Solar is a long-term investment into the overall value of their home, but many sales teams struggle with how to compel the homeowner to go solar in an environment where high interest rates have stripped the silver bullet of “immediate savings”.Despite the current residential solar sales slump, EnergySage data suggests we’re nearly through the trough and the future holds promise for sustained growth and wider adoption. How soon? Listen in and find out! You'll find more resources and learn about SunCast's guest(s), recommendations, book links, and more than 637 other founder stories and startup advice at www.mysuncast.com.You can learn more about partnering with SunCast here: https://mysuncast.com/sponsorsYou can connect with me, Nico Johnson, on:Twitter - https://www.twitter.com/nicomeoLinkedIn - https://www.linkedin.com/in/nickalus
Released:
Oct 31, 2023
Format:
Podcast episode

Titles in the series (100)

SunCast is dedicated to providing the knowledge, research, tools and expert guidance you need to understand, grown and be ahead of the curve in the fastest growing solar markets in the world. Each week, host Nico Johnson takes you deep into conversations with solar energy industry executives from leading companies like SolarCity, SunEdison, Nextracker, Trina Solar, Conergy, Greentech Media and discovers what THEY are using to get ahead in emerging markets like Mexico, Chile, Brazil, Panama, Colombia and elsewhere in Latin America and the Caribbean. Tune in, and stay informed.