The U.S. solar company, Sungevity, has formed a joint venture with the Lismore-based solar business, Nickel Energy, to bring Sungevity’s highly successful business model to the Australian domestic solar market.
In the U.S., Sungevity asks potential customers to provide their address and the amount of electricity that they use. Without visiting the customer, Sungevity then provides a fixed "iQuote" using satellite imaging The quote is for the lease of solar panels which, togeher with the cost of any residual electricity consumed, should be less than the cost of electricity from the grid. The customer has no upfront costs.
Sungevity’s business has expanded rapidly in the U.S., growing by a factor of ten between 2010 and 2011.