SunPower Investor Relations
Are you tired of paying big electrical power costs month after month? Going solar is your best bet for huge cost savings, and now, thanks to SunPower, it is less expensive and easier than ever before.
This is what you will discover:
SunPower is an American energy company established by Richard Swanson & Richard Crane in 1985. It began as EOS Electric Power. In 1988 it was renamed SunPower. In 1990 the business got moneying to begin producing solar batteries. In 1992 began shipping them to consumers.
What Is SunPower?
SunPower is understood to style, manufacture, and deliver a wide range of high-performance solar electric systems across the USA, for industrial and property functions.
It is also beneficial to mention that NASA likewise has actually utilized SunPower’s cutting edge cell technology for their space programs.
However NASA is not the only one who has actually trusted SunPower products. Solar Impulse 2, a zero-fuel aircraft, set a world record for becoming the very first solar airplane to fly all over the world, likewise utilizes SunPower solar cells.
There are a lot of case studies out there using SunPower products, from house owners, markets, and schools, saving millions $$ in the process of going solar.
SunPower has actually recently chosen to transform its production division into a new business called Maxeon Solar, while SunPower will focus specifically on the customer and service side, installing photovoltaic panels.
The division started with a $298 million investment by SunPower’s partner and the world’s leading supplier of silicon wafers, Tianjin Zhonghuan Semiconductor Co. (TZS).
Why The Creation Of Maxeon Solar?
The objective is to optimize the core operations of the two business without mixing them. “This transaction will also simplify both organizational structures, reducing costs, while improving efficiency and creating more agile businesses,” SunPower CEO Tom Werner said throughout a November 11 teleconference.
Maxeon Solar will take on production and technological innovation, offering SunPower the capability to focus solely on expanding its market share against its competitors, such as Canadian Solar.
Resolving The Problem Of Solar Energy Consumption
SunPower is engaged in the production and sale of solar panels, and they offer a wide range of item choices.
Solar panels are alternative sources of energy. They are comprised of solar cells that convert sunlight (and not just light) into electricity.
A total set consisting of solar panels, batteries, controllers, and inverters is called a Solar Power Plant. All this can be bought from the business.
Additionally, they give a guarantee for 25 years, unlike others who provide only 10 years. Likewise, when buying from them, they will bring and set up batteries and whatever you require totally free.
SunPower Investor Relations
Products That SunPower Offers
SunPower makes several items, all related to solar power, like solar panels, total systems, solar cells, complete roof-integrated planetary systems, and solar battery storage.
Let’s dig in …
SunPower Solar Panels
SunPower offers four series of solar panels. They are enhanced for various applications:
Do you want to maximize your lifetime savings? Then SunPower A-Series panels is for you. A-Series delivers the most powerful cell and greatest wattage panels you can place on your roofing.
SunPower presented the world’s first 400-watt solar panel, which suggests you can have more power than ever before in a small space with less panels on your roofing system.
SunPower X-Series solar panels deliver 44% more power per panel, resulting more power in smaller sized spaces, with less panels. This way you can expand energy production simply by utilizing additional roof space to add more panels later on if you desire.
They likewise deliver the highest efficiency offered in a domestic photovoltaic panel today, at a record-breaking 22.8%.
That indicates house owners get more electricity, more versatility, more peace of mind, and lower electrical energy bills.
SunPower E-Series provide 36% more power per panel than standard panels. Put simply, they transform more sunshine into electricity
E-Series are constructed with Maxeon solar batteries, delivering up to 20% performance and comes in 327W, 320w, or 435w alternatives.
SunPower P-Series are constructed with an innovative shingled style solar batteries that eliminates a number of the reliability obstacles of standard front contact panels.
P-Series panels offer 7% higher panel efficiency and up to 19 %more energy over the very first 25 years of operation.
But that is not all: SunPower Performance Series( P-Series) panels were called as a top performer in all those five dependability tests performed by DNV GL, the world’s largest resource of independent energy specialists and certification body. Those tests consist of:
Advantages Of SunPower Solar Panels
There are numerous benefits of going solar by using SunPower products:
SunPower has actually remained in solar energy organization for more than 35 years. The company was founded in 1985. Since then, SunPower has actually been refining photovoltaic panels for industrial and property market. In this market and lots of others, there are lots of business that go and come.
Since the financial investment in photovoltaic panels is significant, you much better trust on a company that has shown to be here for many years.
Among the most crucial consider recording solar energy is the performance score of a panel. Not all photovoltaic panels are the same. A higher efficiency ranking suggests less panels to capture the same amount of energy.
SunPower provides an industry leading 22.8% efficiency rating, which is roughly 60-70% higher than the competition.
Photovoltaic panel are a significant investment for both, house owners and commercial companies. So, they need to understand that they will last. SunPower panels outshined competitors in dependability, energy production, destruction rates, and shading effect.
SunPower panels are constructed with long lasting covers to eliminate UV degradation, copper foundations for added strength, and they offer a single 25-year service warranty that covers the entire panel and all its parts.
SunPower solar panels are eco-friendly. Anybody who is not indifferent to the health of the planet, obviously, will consider his duty to buy safe energy sources. Many individuals stop at wind turbines, the problem with them is they emit unique sounds; solar panels are quiet.
Other individuals choose any solar panels that are out there in the market. Nevertheless, the circumstance here is similar to that of electrical lorries: the batteries are environmentally friendly, but they use hazardous harmful compounds in the process of their production of batteries, power plants, conductors, etc. As a consequence, they end up contaminating the environment.
SunPower has actually long been the market leader in sustainability and uses a full closed loop sustainability method. Their philosophy is to drive sustainable business practices at every stage of the product life cycle and beyond.
This technique paved the way for SunPower to become the winner of pv magazine’s first yearly sustainability award.
SunPower offers an unprecedented 25 years complete confidence guarantee. They cover everything on your Roof. They will fix, replace or repay malfunctioning parts, and you get the market’s finest power guarantee. Each part goes through weeks of testing, aging, and quality control prior to assembly and final examination. After all, a much better item implies a much better warranty.
Remember: with standard solar, even a little problem can become a huge headache, separate guarantees for each part (racking, panel, monitoring, inverter), unpredictable service fees (setup of replacement not included, delivering not included), low power output, lots of paperwork, numerous providers. It suffices to make your head spin.
Pros & Cons Of SunPower Solar Panels
- SunPower uses one warranty that covers product quality, power production, and service for your whole system.
- Your panels will not lose more than 8% of their original power output in 25 years.
- You have 3 different payment choices to choose from: solar leasing, purchasing with cash, and financing with a loan.
- SunPower has actually been on the cutting edge of solar technology for more than 30 years. You can be positive that you will have the highest-quality solar products and high-efficiency panels.
- The SunPower X Series photovoltaic panels excel in terms of power generation, delivering 44 percent more energy per watt than competitive products.
- SunPower panels are incredibly attractive and visually pleasing.
- Power Purchase Agreement (PPA) payment alternative only available to industrial clients. Although the company’s solar lease option is offered at a flat rate.
- Some customers have provided unfavorable feedback relating to SunPower’s customer care.
Just How Much Does SunPower Cost?
There isn’t a fixed cost for a solar energy system. It depends on the area, your home and your vehicle energy use
To have a concept, usually a SunPower solar power system cost in between $3.20 and $4.50 per watt. A 6-kw SunPower system can cost as much as $30,000 or more before incentives.
For your convenience, SunPower uses three payment choices:
- Purchase. You own the system and the energy it produces. Buying your SunPower system directly can optimize your cost savings. In time, your system can spend for itself through your utility expense cost savings
- Loan. You own your solar system and spend for it with a loan. There are several loan payment terms and conditions offered, consisting of optional full prepayment without penalty.
- Lease. SunPower owns the system on your roofing system. You pay a monthly total up to” rent” the system and utilize the energy you produce.
Keep in mind: those values are simply estimated. For an in-depth and more precise quote, click here to fill in a simple 3-step form. A SunPower agent will call you (this is not an agreement and you do not have any responsibility.)
What SunPower Customers Are Saying?
Here you are some house owners that share why they selected SunPower and how going solar has actually altered their lives. You can discover more reviews on SunPower website
Buying photovoltaic panels is a wise choice. This investment is similar to buying energy effectiveness steps and to lower heat loss in your home. Any home appliance that consumes less energy immediately starts making you money by conserving energy.
The cost of additional insulation for your house starts to save you on air conditioning and heating immediately. By now, lots of already know that purchasing energy effectiveness measures is a brilliant financial investment.
Also, bear in mind that in addition to saving from setting up photovoltaic panels, you are likewise adding to the fight against contamination and global warming. This is because you minimize the energy consumption from conventional, environmentally dirty, fuel-fired power plants.
Solar panels increase the value of your home. And in some cases, they increase its attractiveness among buyers because even if the increase in the value of the house is less than the cost of a solar power plant on the roof of your house. It will be easier to sell such an “advanced” house.
Solar panels increase the value of your home. And sometimes, they increase its beauty among purchasers since even if the increase in the value of your house is less than the expense of a solar power plant on the roofing of your home. It will be much easier to offer such an “innovative” house.
SunPower Investor Relations
MORE FOR YOU
It’s only by getting to know you, your wants, needs, and desires that SunPower can help you generate your own electricity and maximize your savings