5 Solar Business Ideas
Clean energy is not only a profitable business in 2017, but an ethical one–and solar is still the queen of the industry. However, selling solar panels isn’t the only way to build a business out of this alternative energy boom. Consider pursuing one of these solar business ideas that are just as necessary as more people use sunlight to power their lives.
1. Solar energy auditing.
Getting an audit done is the first step for someone looking to install solar energy panels on their property. The primary function of an audit is to determine how much energy will be required, and give advice on what kind of solar setup will be most effective. One secondary function of an auditor is to “close the sale” on solar, so to speak–their clients are already considering solar, but auditors have the opportunity to drive home the benefits of renewable energy so they go through with the installation. This type of business has little overhead as you’re trafficking mainly in knowledge, not a product.
2. Distributing solar products.
You don’t have to be a salesperson at a solar company to become a distributor. Instead, when you’re looking to start a distributing business, research companies operating in your area, be sure they’re reputable, and then reach out asking if they’re looking for sales help. Alternatively, you could import your own solar products from other sources and start marketing on your own.
3. Solar panel installation.
Once someone makes the decision to install solar at their home, the company they purchase from may take care of production and installation–or they may outsource installation to a local company like yours. This could be the right solar business idea for you if you prefer hands-on work.
4. Manufacturing solar products.
This includes not just solar panels, but other products and accessories like solar-powered gadgets, solar lights, and rechargers. If you can go a step further and create a solar-based product no one else has thought of yet, you’ll be able to address consumer needs in an untapped market. However, this type of business usually requires a larger up-front capital investment.
5. Maintenance and reparation.
Over the years, even the best solar panels will require checks, clean-ups, and repairs. That’s where a solar maintenance business comes in. You’ll work on existing solar panels to keep them in good shape.
Whatever you decide, contact Trihawk Capital at 732-784-1808 to explore financing options for your new solar business.
