Solar3D, (NASDAQ: SLTD), a leading provider of solar power solutions and the developer of a proprietary high efficiency solar cell, today announced that during the month of March, its SUNworks operating division achieved record residential sales by closing 69 solar design and installation contracts.
During the month of March, SUNworks generated new residential sales of over $2.1 million, with an average residential contract of nearly $32,000. The record sales figures are indicative of SUNworks growing footprint in the market, as the Company continues to expand through California, and more recently, into Nevada. Sales achieved this early in the year position the Company for substantial growth as it enters the warmer months.
Of the 69 projects, 23 were referrals generated through the PowerPay Plan portal, which represented 35% of all residential contracts, including the largest project of the month. The referral program is driven by the high quality solar solutions provided to the company's commercial customers, as well as its top-tier customer service. In addition to submitting and tracking referrals, the PowerPay Plan portal allows customers to review their current systems and access monitoring sites. Those who make referrals through the portal are also awarded two entry tickets for the Company's annual giveaway of a Tesla S Type electric vehicle.
by Material (Silicon, CIGS, CdTe, Perovskite, Organic Photovoltaic, Quantum Dot), Component (Modules, Inverters, BOS), Installation Type (Ground-mounted, Building-integrated, Floating), Cell Type and Region
Download free sample pages"We are thrilled to see the momentum demonstrated by our residential sales in March, which were even greater than we anticipated," said Jim Nelson, CEO of Solar3D. "This result is a testament to the hard work put forth by the SUNworks team that developed the innovative referral portal. Also, they deserve credit for successfully executing the plan to provide value to the customer and achieve revenue."
"The last couple of months have led us to believe that the proverbial 'switch has been turned on,' as more customers have approached us than ever before," said Abe Emard, CEO of SUNworks. "We are confident this upward trend in referrals will continue, as we maintain our emphasis on providing best-in-class customer service and solar solutions that benefit our customers."
