An online marketplace will let U.S. homeowners to evaluate selections for going solar as easily as they can compare prices for airline tickets for the first time this December.
Geostellar is a startup backed by power producer NRG Energy Inc. It is in quest of becoming the Expedia or Orbitz of the solar industry. The said solar industry is a one-stop shop where consumers can not compare the benefits of leasing solar panels versus buying them outright alone but eventually sign up to install a system.
On the site, www.geostellar.com, Solar players together with NRG, No. 1 U.S. installer SolarCity Corp, Boston-based solar loan provider Admirals Bank, manufacturer and financier Conergy, East Coast installer Roof Diagnostics and Connecticut’s Clean Energy Finance and Investment Authority will feature their products.
Geostellar looks forward to its platform will let installers and financiers to lower the price of getting hold of new customers. It is a main objective in the ferociously competitive rooftop solar industry. Solar companies are centered on cutting prices therefore they will be able deliver on their promise to save customers money on power bills by converting to solar.
Geostellar will make money by claiming a portion of a system’s total installed price – between 10 and 20 percent, Chief Executive David Levine said.
According to Levine, Geostellar, which was founded in 2010, got its start by selling data to solar companies that showed the solar energy potential ...