Solar energy installer
Description
Solar power is a smart investment as electricity cost rise nationwide. Macedonia has 280 sunny days, but uses barely 1 percent of solar energy. With ever evolving solar technologies, solar energy is now available to most homeowners with a clear roof line. In my city Kichevo, North Macedonia, the municipality offers subsidies that cover all costs related to the purchase and installation of solar panels in homes. That's a good reason to start such a business in my city. As a reason plus is that in Kichevo there is no company that deals with the service installation of solar panels.
How would my company work: it starts when a customer requests a consultation or directly requests the installation of solar panels on his house. Next we need to consider what type of panels the customer wants. Depending on the type of panel, the price for the service will be determined. The efficiency of the PV cell is probably the most-touted number in the industry, and while it’s important, it is by no means the whole story. Solar panels generally have a trade-off between price and efficiency (more efficient solar panels will generate more electricity but cost more). Most residential solar panels will hit an optimal sweet-spot of 16% - 18% efficiency. The power rating of a panel represents how much power it can produce under ideal circumstances (higher powers are better). Also the installation time will depend on what the customer requires. Тhe team is expected to complete the installation within 2 to 4 days.
For a start it will be necessary to procure photovoltaic (PV) solar panels, inverters, cables, batteries. Then equipment is needed to mount them. That equipment includes: Engineering Computers, Solar panel system design software, Solar Pathfinder, Ladders, Multimeter, Cordless drill, van, Hand tool set.
How will the profit be realized with this service? A residential installation can be priced anywhere from $1000 to $10.000, depending on the size and type of panels installed. When dealing with clients who pay in cash, the profit should be from $300 to $2000 for one job (оne contract). However, this requires a steady stream of new contracts. If we are working with a large industrial contract, we can see a profit in the hundreds of thousands for a year-long job.
The skills we need for a solar panel business aren’t too different from the ones we need in any other business. Most of all, we need to understand how to interact with people because they can all be potential customers. Also we are confident about our product and we will be able to do things like door-to-door sales and social media selling. What’s more, once our business grows, we will have to hire more people. This means we have to be on top of your game. We will keep learning about HR, Finance, Taxes, and other vital topics. A willingness to learn and a lot of confidence will help us on our journey to success.
Where is the magic in our company? We will be the first company in Kicevo to procure and complete installation of solar panels. Being the first company for a certain area in a certain region is a risk. However, my team and I believe that we will succeed in this area because this is currently the most current topic in the world: Utilization of solar energy.
How would my company work: it starts when a customer requests a consultation or directly requests the installation of solar panels on his house. Next we need to consider what type of panels the customer wants. Depending on the type of panel, the price for the service will be determined. The efficiency of the PV cell is probably the most-touted number in the industry, and while it’s important, it is by no means the whole story. Solar panels generally have a trade-off between price and efficiency (more efficient solar panels will generate more electricity but cost more). Most residential solar panels will hit an optimal sweet-spot of 16% - 18% efficiency. The power rating of a panel represents how much power it can produce under ideal circumstances (higher powers are better). Also the installation time will depend on what the customer requires. Тhe team is expected to complete the installation within 2 to 4 days.
For a start it will be necessary to procure photovoltaic (PV) solar panels, inverters, cables, batteries. Then equipment is needed to mount them. That equipment includes: Engineering Computers, Solar panel system design software, Solar Pathfinder, Ladders, Multimeter, Cordless drill, van, Hand tool set.
How will the profit be realized with this service? A residential installation can be priced anywhere from $1000 to $10.000, depending on the size and type of panels installed. When dealing with clients who pay in cash, the profit should be from $300 to $2000 for one job (оne contract). However, this requires a steady stream of new contracts. If we are working with a large industrial contract, we can see a profit in the hundreds of thousands for a year-long job.
The skills we need for a solar panel business aren’t too different from the ones we need in any other business. Most of all, we need to understand how to interact with people because they can all be potential customers. Also we are confident about our product and we will be able to do things like door-to-door sales and social media selling. What’s more, once our business grows, we will have to hire more people. This means we have to be on top of your game. We will keep learning about HR, Finance, Taxes, and other vital topics. A willingness to learn and a lot of confidence will help us on our journey to success.
Where is the magic in our company? We will be the first company in Kicevo to procure and complete installation of solar panels. Being the first company for a certain area in a certain region is a risk. However, my team and I believe that we will succeed in this area because this is currently the most current topic in the world: Utilization of solar energy.
Sustainable Development Goals
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9. Industry , innovation and infrastructure
Solar investing encompasses investments in various aspects of the solar energy supply chain. The biggest advantage of solar investing is the fact that it's sustainable. Eventually, there will be no more oil to drill, natural gas to frack or coal to mine. The sun, however, still has billions of years in it. Another pro of solar investing is the fact that there's a relatively low environmental impact as compared with fossil fuels.
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Product Type - System
B2C Products
Sector
Environment & Energy
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