SunPower Project Finance Analyst
Are you tired of paying big electrical power expenses month after month? Going solar is your best option for huge cost savings, and now, thanks to SunPower, it is more affordable and much easier than ever before.
This is what you will learn:
Let’s get started…
SunPower is an American energy company founded by Richard Swanson & Richard Crane in 1985. It began as EOS Electric Power. In 1988 it was renamed SunPower. In 1990 the company received moneying to begin manufacturing solar cells. In 1992 began delivering them to customers.
What Is SunPower?
SunPower is known to design, manufacture, and provide a large range of high-performance solar electrical systems throughout the USA, for domestic and industrial purposes.
It is also beneficial to mention that NASA likewise has used SunPower’s modern cell technology for their space programs.
However NASA is not the only one who has actually relied on SunPower products. Solar Impulse 2, a zero-fuel plane, set a world record for becoming the very first solar plane to fly around the globe, likewise uses SunPower solar cells.
There are lots of case studies out there utilizing SunPower items, from homeowners, markets, and schools, conserving millions $$ in the process of going solar.
SunPower has actually recently chosen to convert its manufacturing department into a new company called Maxeon Solar, while SunPower will focus specifically on the customer and service side, installing photovoltaic panels.
The division began with a $298 million financial 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 goal is to enhance 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 stated during a November 11 conference call.
Maxeon Solar will handle production and technological innovation, offering SunPower the ability to focus entirely on expanding its market share against its rivals, such as Canadian Solar.
Solving The Problem Of Solar Energy Consumption
SunPower is participated in the production and sale of solar panels, and they provide a large range of item choices.
Solar panels are alternative sources of energy. They are made up of solar cells that convert sunlight (and not just light) into electrical power.
A total set consisting of solar panels, inverters, controllers, and batteries is called a Solar Power Plant. All this can be purchased from the business.
Moreover, they provide a guarantee for 25 years, unlike others who supply only 10 years. Also, when purchasing from them, they will bring and set up batteries and everything you require free of charge.
SunPower Project Finance Analyst
Products That SunPower Offers
SunPower makes numerous products, all related to solar power, like solar panels, complete systems, solar cells, complete roof-integrated planetary systems, and solar battery storage.
Let’s dig in …
SunPower Solar Panels
SunPower offers four series of photovoltaic panels. They are optimized for different applications:
Do you wish to maximize your lifetime cost savings? Then SunPower A-Series panels is for you. A-Series delivers the most effective cell and greatest wattage panels you can place on your roofing system.
SunPower presented the world’s first 400-watt photovoltaic panel, which implies you can have more power than ever before in a small area with less panels on your roofing system.
SunPower X-Series solar panels provide 44% more power per panel, resulting more power in smaller areas, with less panels. This way you can expand energy production merely by using extra roofing system area to include more panels later on if you want.
They also provide the highest performance available in a domestic solar panel today, at a record-breaking 22.8%.
That implies house owners get more electrical power, more versatility, more comfort, and lower electrical energy expenses.
SunPower E-Series provide 36% more power per panel than standard panels. Basically, they convert more sunshine into electrical energy
E-Series are developed with Maxeon solar cells, delivering up to 20% effectiveness and can be found in 320W, 435w, or 327w options.
SunPower P-Series are developed with an innovative shingled style solar cells that eliminates a number of the dependability obstacles of traditional front contact panels.
P-Series panels provide 7% higher panel effectiveness and as much as 19 %more energy over the first 25 years of operation.
However that is not all: SunPower Performance Series( P-Series) panels were named as a leading entertainer in all those 5 dependability tests performed by DNV GL, the world’s largest resource of independent energy specialists and accreditation body. Those tests consist of:
Advantages Of SunPower Solar Panels
There are numerous advantages of going solar by utilizing SunPower items:
SunPower has actually been in solar power company for more than 35 years. The company was founded in 1985. Since then, SunPower has been improving solar panels for business and property market. In this industry and many others, there are lots of companies that go and come.
Given that the financial investment in photovoltaic panels is significant, you much better trust on a business that has actually shown to be here for several years.
Among the most crucial factors in catching solar power is the effectiveness rating of a panel. Not all photovoltaic panels are the same. A higher performance rating implies less panels to record the exact same amount of energy.
SunPower uses an industry leading 22.8% effectiveness ranking, which is approximately 60-70% higher than the competition.
Photovoltaic panel are a considerable investment for both, property owners and business businesses. So, they need to understand that they will last. SunPower panels surpassed competitors in dependability, energy production, deterioration rates, and shading impact.
SunPower panels are built with long lasting covers to eliminate UV degradation, copper foundations for additional strength, and they offer a single 25-year service warranty that covers the whole panel and all its parts.
SunPower photovoltaic panels are environmentally friendly. Anybody who is not indifferent to the health of the planet, of course, will consider his responsibility to purchase harmless energy sources. Many people stop at wind turbines, the problem with them is they give off unique noises; photovoltaic panels are quiet.
Other individuals select any photovoltaic panels that are out there in the market. Nevertheless, the scenario here resembles that of electrical cars: the batteries are eco-friendly, but they utilize hazardous damaging compounds at the same time of their production of batteries, power plants, conductors, and so on. As a consequence, they end up contaminating the environment.
SunPower has actually long been the market leader in sustainability and uses a complete closed loop sustainability strategy. Their approach is to drive sustainable company practices at every phase of the product life process and beyond.
This strategy paved the way for SunPower to become the winner of pv magazine’s first yearly sustainability award.
SunPower provides an extraordinary 25 years total self-confidence warranty. They cover everything on your Roof. They will fix, change or reimburse faulty parts, and you get the industry’s best power warranty. Each part goes through weeks of quality, aging, and testing control before assembly and final assessment. After all, a much better item suggests a better warranty.
Remember: with traditional solar, even a small issue can become a big headache, different warranties for each part (racking, panel, tracking, inverter), unforeseeable service fees (setup of replacement not included, shipping not included), low power output, lots of documentation, multiple providers. It suffices to make your head spin.
Pros & Cons Of SunPower Solar Panels
- SunPower provides one service warranty that covers item 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 three different payment options to select from: solar leasing, purchasing with money, and financing with a loan.
- SunPower has been on the cutting edge of solar innovation for more than 30 years. You can be positive that you will have the first-rate solar items and high-efficiency panels.
- The SunPower X Series solar panels master terms of power generation, providing 44 percent more energy per watt than competitive products.
- SunPower panels are incredibly attractive and visually pleasing.
- Power Purchase Agreement (PPA) payment alternative just offered to business consumers. Although the company’s solar lease choice is available at a flat rate.
- Some customers have actually offered negative feedback concerning SunPower’s client service.
How Much Does SunPower Cost?
There isn’t a fixed cost for a solar power system. It depends on the location, your home and your cars and truck energy use
To have an idea, generally a SunPower solar power system cost between $3.20 and $4.50 per watt. A 6-kw SunPower system can cost up to $30,000 or more prior to incentives.
For your benefit, SunPower provides three payment choices:
- Purchase. You own the system and the energy it produces. Getting your SunPower system directly can optimize your savings. With time, your system can pay for itself through your energy expense savings
- Loan. You own your solar system and pay for it with a loan. There are numerous loan payment terms offered, consisting of optional complete prepayment without penalty.
- Lease. SunPower owns the system on your roofing. You pay a regular monthly total up to” rent” the system and utilize the energy you produce.
Keep in mind: those values are simply estimated. For a comprehensive and more accurate quote, click here to complete a simple 3-step form. A SunPower representative 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 picked SunPower and how going solar has changed their lives. You can discover more reviews on SunPower site
Purchasing solar panels is a wise decision. This financial investment is similar to purchasing energy effectiveness measures and to reduce heat loss in your house. Any home appliance that consumes less energy immediately starts making you cash by conserving energy.
The cost of extra insulation for your house begins to save you on air conditioning and heating instantly. By now, many already understand that purchasing energy performance measures is a fantastic investment.
Also, remember that in addition to saving from setting up photovoltaic panels, you are also contributing to the battle against contamination and worldwide warming. This is due to the fact that you reduce the energy intake from standard, environmentally unclean, 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 in many cases, they increase its attractiveness among buyers due to the fact that even if the boost in the value of your home is less than the expense of a solar energy plant on the roof of your home. It will be simpler to sell such an “innovative” home.
SunPower Project Finance Analyst
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