With the rising costs of utility bills, more businesses are looking for renewable energy sources to reduce electricity expenses. They’re also looking for more sustainable options and energy independence to run their business operations on their own terms, making solar energy a good alternative for them.
As an energy advisor, you can earn passive revenue from clients that choose to go solar with your select solar financing partner.
Let’s learn more about how this works and how you can get started.
Understanding How a Solar Financing Partner Generates Income
Knowing how a solar financing partner makes their money can help you feel more confident about partnering with them. It’ll also help you determine how sustainably they’ll be able to provide your passive income.
Solar financing partners make a profit from buying and installing solar panels. When customers approach a solar company for a solar installation, the company buys the panels that they use to put up a solar energy system. From these panel purchases, they make a small profit margin that is enough to keep them in business.
Another source of income for your solar financing partner is the money that they make from investors. When investors put money into the solar company, they may get a specific percentage of the ROI over the next couple of years. Sometimes, a solar company may make more money from the investment than the percentage that they’re offering the investor. This revenue also keeps the business above board.
Your select solar financing partner has reduced expenses on things like utility bills because their low-maintenance solar energy system provides all the electricity that they need. They also save money by maximizing solar tax credits from their installed solar energy systems. Solar tax incentives may be able to provide them with up to 60% of cost savings and a dollar-for-dollar reduction of income taxes that they pay to the government.
With a reduction in their electricity bills and taxes, they can save money and channel those resources into other business needs.
All this means solar financing partners have a consistent flow of revenue into their accounts. So, if you’re looking to partner with one, you can be assured of receiving a continuous passive income with every referral.
Why You Should Partner with a Solar Energy Company
The monetary returns are one great reason that you should consider partnering with a solar energy company, but there are even more benefits. Here’s the breakdown.
You can earn referral payments for bringing in new solar customers. As an energy advisor, you frequently deal with many clients looking for sustainable energy options—solar energy is a sustainable energy option.
If you refer a client to your solar financing partner, you get a cut from the profit made. This referral payment is a stipulated sum agreed on by both parties, you and your solar partner. The more customers you refer, the more money you make passively.
Solar energy has a huge potential for growth. It’s currently expected to account for up to 60% of the boost in global renewable capacity in 2022. The US Department of Energy Efficiency and Renewable Resources has set a goal of deploying 30 gigawatts (GWs) annually, to grow to 60GWs from 2025 onward, in a bid to accelerate clean energy deployment.
As solar awareness is continuously on the rise, more investors are investing in the solar industry. More businesses and individuals are also going solar for its long-term benefits. If you stick with a solar financing partner, your passive returns have the potential to increase exponentially over the next few years as the demand for solar increases.
A solar partnership places you at the forefront of the energy marketplace. It positions your brand as an authority in the energy industry because you provide clients with a thorough advisory experience from start to finish. You can also suggest sustainable energy solutions for your clients that guarantee them huge savings on taxes, so they don’t waste money on avoidable bills.
Clients are greatly satisfied when businesses go the extra mile for them. The result is that you attract loyal clients who will likely refer more clients to you and cause your business to thrive—a win-win.
You have easy access to a transparent and supportive solar technology partner. Your partner will keep you abreast with the latest information in the industry. This way, you can always provide clients with relevant and timely solar energy-related information.
Earn Passive Revenue When You Partner with GeoScape Solar
A partnership with a solar company enhances your finances and your business as an energy advisor. You’ll be able to earn passive revenue while providing clients with top-notch solutions to their energy problems.
Partnering with Geoscape Solar will passively increase your returns with every referral, for now and in the future.
At Geoscape Solar, we help businesses utilize solar energy for profit. Your business will become energy independent, be able to decrease utility costs, and leverage available solar incentives for a quick ROI.
To discover how installing solar energy on your property will increase your business profitability, contact one of our energy specialists!