Solar Integrated Roofing Corp. Announces Solar Solution Initiative for Poultry Farms
Solar Integrated Roofing Corp. (OTC:SIRC) has announced the launch of a new sales program through its subsidiary, USA Solar Networks, aimed at U.S. poultry farms. The initiative follows a successful beta program in Arkansas, achieving a 66% closing ratio on contracts totaling over $2.5 million. With over 233,000 poultry farms in the U.S., the program aims to leverage federal tax benefits and reduce energy costs. The company projects generating over $50 million in new projects in 2022, indicating potential growth opportunities in this under-served sector.
- Successful beta program with a 66% closing ratio in Arkansas, surpassing the national average of 20%.
- Projected to generate over $50 million in new projects in 2022 from poultry farms.
- None.
SIRC Subsidiary USA Solar Networks Successful Beta Program to Provide Solar and Alternative Energy Solutions to Poultry Farms Nationwide
EL CAJON, CA / ACCESSWIRE / November 24, 2021 / Solar Integrated Roofing Corp. (OTC:SIRC), an integrated, single-source solar power and roofing systems installation company, today announced that SIRC subsidiary USA Solar Networks has launched a new sales program targeted at U.S. poultry farmers to transition to solar and alternative energy solutions for their energy intensive operations. A successful beta test in Arkansas with a closing ratio far exceeding national commercial averages provided confidence in the new initiative.
The poultry farm industry in the United States includes over 233,000 poultry farms that generate revenue of over
USA Solar Networks' new program allows farmers to take advantage of alternative energy benefits to power their operations, including federal tax subsidies available to businesses, reduced or eliminated high utility costs, and substantially increasing cashflow over a 25-year period. Additionally, the U.S. Department of Agriculture's Rural Energy for American Program (REAP) can help farmers reduce energy costs. Under this program farmers are eligible to receive a grant for up to
"The poultry industry has long been neglected by the solar industry despite being large consumers of electric power," said Pablo Diaz, CEO of USA Solar Networks and President of Solar Integrated Roofing Corp. "Their high electric costs make these farmers ideal candidates for the solar energy solutions we provide. In our beta program to test this market, we sent a team to Mena, Arkansas, a rural town heavily populated with poultry farms. In our initial visit, we met with six business owners to explain how a solar system could save cost for their business. We signed development agreements with four of them, with contracts totaling over
David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation, added, "We were impressed by the results of the beta test in Arkansas and are confident the nationwide roll-out of this targeted program can create over
"Pablo has again demonstrated his value and why we recently tasked him with spearheading growth across the SIRC family of companies as President. He continues to introduce innovative solutions for existing and untapped new markets, contributing to our strong organic growth momentum and shareholder value. We look forward to sharing additional developments and initiatives in months to come," Massey concluded.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on Twitter, Facebook or Discord.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
SOURCE: Solar Integrated Roof Corp.
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