This is your SolarWakeup for September 10th, 2019

Big (Personal) Professional News. As you know, I started working at Quick Mount PV a little over a year ago. Our team has done extraordinary work over the past year and alongside amazing customers and partners, we grew at an unbelievable pace. Yesterday we announced that we joined the Esdec group of companies, with Quick Mount PV being acquired alongside Ironridge. Together, we join previously acquired EcoFasten to form the largest group of mounting and racking companies in the US. Personally, I look forward to working with some of the best folks in this sector. The residential market is growing well above estimates and our group of companies will surely lead the way!

What It Means. All three “Esdec Companies” will continue to operate independently, serving their existing customers with unique product lines through their current sales channels. Installers, along with their distributors, will continue to be able to buy the products they love with the additional upside of knowing that these companies are ready to grow with them. In an era where trade and regulatory uncertainty drive the news cycle, a stronger supply relationship will provide business certainty installers need in their rapid growth. If you have questions about this please let me know or reach out to your reps, we’re all here to answer your questions. 

Louisiana Shenanigans. When a flawed study makes its way to a PSC that doesn’t regulate monopolies in a fair way, bad things can happen. Louisiana has all the signs of a situation that makes solar have to compete on an uneven playing field where incumbent monopolies have an advantage. If you are in the LA market, make sure to make your voice heard. 

A Climate Call From SEIA. The solar ITC is the best tax credit taxpayers can buy. Being a percentage-based credit, in a market that has been declining unit costs for over a decade, the value of the credit for the taxpayer has gone up exponentially. This is very important looking forward, where the energy economy is looking for a giant increase in solar capacity on homes, on buildings and in the fields. Abby Hopper, CEO of SEIA, is right to connect the dots between the value of the ITC and climate change, showing that solar is here to play its role and the importance of the extension. Take some time this week to contact your member of Congress and let them know this is important to you. 

Opinion

 

Best, Yann