Information About American Solar Direct
- American Solar Direct operates throughout the state of California and provides residential solar power systems.
- Type of company: Private
- Check out the American Solar Direct blog and the company in the press.
American Solar Direct Company Information
American Solar Direct is based in Los Angeles, California, and the company focuses on providing solar services throughout the state. Currently, the company has nine locations including regional offices and operations centers. American Solar Direct is a full-service solar provider and offers many financing options, expert residential solar design and installation, and dedicated project management and customer care.
The company is under the direction of CEO Brennan Mulcahy, who has over 25 years of experience in the energy industry. The company is growing quickly – the Los Angeles Business Journal named American Solar Direct as one of the 100 fastest growing private companies of 2014, and in the same year, Inc. Magazine named the company as the #17 fastest growing private company in North America and the #1 in Los Angeles. The company has also been awarded bronze awards for two years at the American Business Awards in the Energy Company of the Year category.
American Solar Direct Financial Plans and Services
-American Solar Direct offers three of the industry standard options for payment for a residential solar system: purchase, loan, or lease.
-California Homeowners pay upfront for the system and its installation.
-Customers are eligible for a 30% Federal tax incentive through December 2016.
-Homeowners own the system and the power that it generates with significantly lower utility bills.
-As with any other type of loan, customers seek an institution willing to lend money for the solar system.
-Customers typically make loan payments monthly at an agreed-upon interest rate.
-Homeowners are eligible for the 30% Federal tax incentive.
-California homeowners lease the system from the solar provider for an agreed-upon length of time.
-Customers who lease the system are not eligible for tax incentives because they do not own the system.
-In many cases, leases may be transferred or the system bought out if homeowners decide to move.
American Solar Direct has a Better Business Bureau rating of A+ and has been accredited since May 2010.