EnergySage secures US$500,000 investment from DoE SunShot coffers to develop PV shopping platform

June 14, 2012
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Distributed Energy Research & Solutions, or EnergySage, has been the recipient of one of 10 Department of Energy (DoE) SunShot Incubator investments worth US$500,000. The funding will be used to develop a web-based PV comparison-shopping platform that aims to deliver pricing transparency and encourage online networking among property owners and solar PV installers.

The product will enable the gathering of multiple price quotes on the part of property owners for proposals from a list of pre-screened solar PV installers’ offers. Quotes are displayed in a standardized format that allows easy comparison of factors, ensuring that consumers get the best possible price for their PV systems.

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“EnergySage is thrilled to receive this SunShot award,” said Vikram Aggarwal, CEO of EnergySage. “By making it easier for consumers to navigate the solar PV system purchase process, we are lowering customer acquisition costs, lowering prices, helping installers improve profitability, and ultimately, expanding the market exponentially.”

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