XsunX Identifies Tailored Financing as Key for Taking Advantage of High-Growth Commercial Solar Sector
With Key Capabilities and Relationships, the Company Continues to Pursue Growing Opportunity in the Southern California Market
Marketwired XsunX, Inc
1 hour ago
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ALISO VIEJO, CA--(Marketwired - Oct 6, 2015) - XsunX, Inc. (OTC PINK: XSNX), a leading solar power solutions provider, commented today on strong growth forecasts made by prominent industry experts and analysts for the commercial solar sector, as well as the impact tailored financing options have in spurring and sustaining that growth.
According to a recent article published by Greentech Media, the commercial solar market is expected to grow 21% in 2015. The article cites access to capital as being one of the primary obstacles to growth, also referencing how solar financing lacks standardization. An article published by Wiser Capital identifies the same challenges within the commercial solar sector, also expecting an industry boom as technology and financing options evolve. The article states that "over 60 percent of investors will invest in commercial solar and a staggering 83 percent of investors will make investment in solar a priority in the next five years, with one in five already having made commercial solar investment a priority in the same timeframe."
Consistent with the industry's anticipated boom in commercial solar, XsunX has experienced an increase in commercial solar quote requests, and has positioned itself to take advantage of the upswing in commercial solar sales by addressing the financing needs of solar installation. The Company currently offers tailored options through its network of finance groups including operating leases, capital leases, property tax finance assessments, power purchase agreements, and more.
"One of the keys we have found to marketing is to present the solar system as an appreciating long-term cost saving investment," said Tom Djokovich, CEO of XsunX, Inc. "By providing the tools and resources to clients we allow them to understand the financial benefits of their investment, tailor financing options, and help them to learn more about the overall positive impact a solar system would have on their business -- bottom line, we help clients to understand that solar is an investment offering significant returns."
About XsunX
XsunX provides solar energy solutions that deliver significant bottom-line financial benefits to businesses. We specialize in the sale, design, and installation of solar power systems. The company has developed a highly skilled team of qualified engineering and specialty contractors with extensive solar experience necessary to service the diverse conditions that can be encountered in commercial and residential buildings. We couple this superior design and delivery capability with factory direct pricing and zero down financing options to provide exceptional solar power investment opportunities for our customers.
For more information, please visit the Company's website at www.xsunx.com, or to learn more about the benefits of solar energy for your business schedule a free PV project assessment.
Safe Harbor Statement
Matters discussed in this release contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company's control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Such risks, uncertainties and other factors, which could impact the Company and the forward-looking statements contained herein, are included in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
