Solar Engine amalgamates the talents of independent dealers into a virtual organization so that they can compete against larger dealers without giving up their autonomy or brand names and also uses is large economy of scale to reduce the cost of project management, financing materials management and other costs.
Soligent, a provider of systems and technologies for making solar dealers more competitive, launched Solar Engine, a modular suite of integrated services that allow independent solar dealers to drive out costs, reduce paperwork and grow their businesses.
With Solar Engine, dealers leverage Soligent’s global network of partners and suppliers, deep experience and software platform to prepare bids, arrange financing, or design and deploy projects to reduce the time and money required to complete residential or small commercial solar projects. With Solar Engine, they can develop bids that compete with national installers while freeing themselves up from administrative or operational tasks.
By using the Solar Engine, dealers can:
- Reduce the time from contract to completion from an average of over 90 days to less than 45 days.
- Substantially improve deal flow and net profitability.
- Create a buffer against seasonal demand fluctuations.
- Increase net profitability by up to 10% or more.
Solar Engine amalgamates the talents of independent dealers into a virtual organization so that they can compete against larger dealers without giving up their autonomy or brand names and also uses is large economy of scale to reduce the cost of project management, financing materials management and other costs. Sales-focused dealers, for example, can leverage Solar Engine to obtain permits, design systems and get projects installed, completing these tasks for substantially less than they could do on their own.
Installation-focused dealers, meanwhile, can participate in larger, and more, projects by serving as a Solar Engine installation partner, providing their services to projects originated by sales-focused dealers. Solar Engine will also provide a pathway for electricians, roofers and HVAC specialists to add solar as a service offering.
Soligent also aggregates demand and negotiates directly on behalf of Solar Engine dealers to obtain volume discounts on equipment as well as financial options such as power purchase agreements or loans from multiple vendors at market-leading rates. Soligent’s optimization engine will comb through 40 or more different options for financing solar projects and provide dealers and their customers an optimal solution for their location.
Solar Engine services are currently available to a select group of beta customers. General availability will begin in early March at the Soligent Summit in Las Vegas. Soligent and select partners will hold educational courses and training sessions about Solar Engine.