This SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity.
Learn more about the SMART 100 >>
1. THE BEGINNING
This innovation initially came to life when…
…Huon Hoogesteger, founder of Smart Commercial Solar, became frustrated by the inconsistent adoption of solar energy in Australia at the commercial level. He had a vision to raise the standard of the solar industry, which he perceived as riddled with inconsistent and often poor practices and little accountability.
He built an elite, math-centric team, developed sophisticated system monitoring and analytical processes, and created an innovation called PAYG that allows businesses to get solar installations for no upfront costs while simultaneously lowering their electricity bills.
The AFR has written about his story here: http://bit.ly/1FPKpVy
2. WHAT & HOW
The purpose of this innovation is to…
It does this by…
…using a unique financial and analytical process that harnesses a clean energy fund to finance the commercial installation and advanced monitoring and precise system sizing techniques to generate a return on investment for the fund, as well as immediately lower electricity costs for the business having the solar installed.
3. PURPOSE & BENEFITS
4. COMPETITIVE LANDSCAPE
5. TARGET MARKET
It is made for…
…organisations of all sizes as long as their annual power bills exceed $20,000 per year and they have a steady revenue stream. Private sector, non-profit and government are all ideal candidates.
It is available for sale through…
… www.smartcommercialsolar.com.au and typically requires an in-depth feasibility study conducted by our team of analysts to determine eligibility and ideal design.
Our marketing strategy is to…
…encourage word of mouth through media. A PAYG beneficiary said: “It is the best decision I have ever made, I am saving $400 a month now but I wouldn’t care if it was only $100 because there have been no upfront costs and in seven years, I will own the solar system and be saving upwards of $15,000 per year.”
FINE PRINT: This SMART 100 profile and the information it contains is a duplication of content submitted by the applicant during the entry process. As a function of entry, applicants were required to declare that all details are factually correct, do not infringe on another’s intellectual property and are not unlawful, threatening, defamatory, invasive of privacy, obscene, or otherwise objectionable. Some profiles have been edited for reasons of space and clarity.