Replies to post #19231 on SunWorks Inc (SUNWQ)

[Chiinkwia1]

I agree, it's coming. And I found it interesting that he attacks solarcity way of doing business. That was a gloves off statement.

"We see falling solar system costs not as a means to drive revenue, but to lower the cost-barrier so that more people can afford to buy solar systems without any of the leasing gimmicks," said Jim Nelson, CEO of Solar3D. "As the cost of solar continues to fall, the solar leasing model lead by big financing companies like SolarCity is becoming less attractive. Instead of being locked into a 20-year solar leasing contract where the price is adjusted up every year, customers can now easily buy their own systems with a breakeven of 5-7 years. The rapid growth of our SUNworks business is a testament to this fundamental shift in the industry."

Yep, let's declare war!

[markp1950]

The PR explains their basic business plan, or theory of how they operate. And I like it. I prefer as they do, selling whole systems over leasing. But they don't leave out leasing.
Only thing I would like is more aggressiveness out of the company.