Aurora Solar Inc. Introduces Unprecedented Commercial Financial Analysis to Solar Design and Sales Platform
PALO ALTO, Calif., May 17, 2017 /PRNewswire/ -- Aurora Solar Inc. has added financial analysis to its commercial suite, making it the solar industry's only all-in-one solar design and sales platform for residential and commercial PV systems. To learn more visit www.aurorasolar.com.
KEY HIGHLIGHTS:
Aurora's commercial financial analysis allows installers to compare the returns of any cash, lease, loan, or PPA financing option.
It takes into account demand charges when using Green Button data, allowing companies to get a granular understanding of their electricity bill post-solar.
The analysis allows solar designers to explore the financial return of design tradeoffs, such as calculating the LCOE of single vs dual tilt racking systems or the net present value of different modules.
The algorithms calculate bonus depreciation and depreciation tax shields at federal and state levels.
It incorporates fixed and variable operations & maintenance costs for a comprehensive cost-benefit analysis.
BENEFITS:
Commercial installers can optimize their designs across both engineering and financial variables.
The analysis can be automatically imported into a sales proposal, allowing installers to go from initial commercial site assessment to completed sales proposal in a fraction of the time.
QUOTES: Al-Karim Lalani, Lead Engineer of Commercial Financial Analysis, Aurora Solar: "The real challenge for us was making such complex analysis accessible and easy-to-use for customers. We worked with sophisticated solar financiers to validate our analysis and then collaborated with our customers to make sure that our interface was intuitive and it suited their daily workflows."
Samuel Adeyemo, COO, Aurora Solar: "We often have our clients ask us questions like 'which of these two PV designs is better?' Without having a detailed financial analysis platform, we couldn't answer these questions in a scalable manner. That is why we are truly excited about this enhancement; by being able to analyze and present the financial implications of their design choices, we anticipate this feature will lead to higher closing rates for our customers."
About Aurora Solar Aurora Solar is a fast growing, venture-backed startup. Its product is a cloud-based application that generates 3D models of buildings, runs sophisticated performance and financial analyses, and generates beautiful proposals for customers. Aurora's clients currently design over 10,000 new solar projects per week across the globe. For more information, visit www.aurorasolar.com.
SponsorUnited, the leading global sports and entertainment intelligence platform?tracking over 360,000 brands, 1.8 million deals, and 16.9 million data points across sports, entertainment, media, and talent?has released SponsorUnited 3.0, a...
Xtract One Technologies Inc. (FRA: 0PL) ("Xtract One" or the "Company") is pleased to announce that it has priced its previously announced public offering (the "Offering"). The Offering is being conducted by Eight Capital, as lead agent and sole...
ESO, a leading data and software provider, announces its upcoming acquisition of Logis Solutions, a global provider of computer-aided dispatch (CAD), logistics and billing software serving emergency medical services (EMS), fire departments, emergency...
Psycho Bunny, known globally for its premium quality and colorful collections, has selected Astronomie as its media agency of record ("AOR") after a competitive review. In this capacity, Astronomie will be responsible for the brand's full-funnel...
Kiddie Academy of Mercer Crossing, the newest Dallas-Fort Worth location of nationally recognized Kiddie Academy® Educational Child Care, is celebrating Earth Day with a special lesson plan for its children set in an intentionally Earth-friendly...
Tier-one digital asset exchange Bitrue today announced extended support for the XDC ecosystem, organizing a trading contest with $25,000 in prizes for 16 newly added XDC trading pairs....