Set to close before year's end, the deal — negotiated, at least in part, virtually — would represent the largest consolidation in the history of the residential solar industry, Austin Perea, a senior research analyst at the consulting firm Wood Mackenzie , said in a note following the announcement.
Headquartered in San Francisco, Sunrun has also been more aggressive in upselling batteries, with more than 60% of customers choosing to add them to their solar systems in some regions in April. Absorbing Vivint's 200,000 or so customers is an opportunity to sell more batteries, which have been a strong business line, vonReichbauer said.
Vivint is known for a sales strategy that involves marketing directly to homeowners through door-to-door sales. Combined with Sunrun's approach, the newly merged firm would be able to reach a larger number of customers, vonReichbauer said. "The industry has been moving away from door-to-door sales for years, in part due to the high cost of this sales channel," he said in the note.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
Introducing Advertising Insider, Business Insider's new daily newsletter - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
44 big cities that are way behind on filling out the 2020 Census - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Why waiting for your salary when you can earn up to $16,000 in just 24hours of investment, despite the covid-19 situation you can still make more money from the comfort of your home INBOX & Ask HOW? BREXIT + pandemic period damaged everything inside of UK .. Too sad :(
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Duolingo CEO: 3 crowdsourcing keys that every entrepreneur must know - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Qumulo raised $125 million, doubling its valuation to $1.2 billion - Business InsiderData storage startup Qumulo just raised $125 million and doubled its valuation to $1.2 billion, and the CEO says it shows how investors are betting big on digital transformation amid the pandemic
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Monzo: $1.6 billion bank startup launches Monzo Plus paid accounts - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Monzo?
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
ASOS posts revenue of more than $1 billion, but Boohoo growing faster - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »