RGS Energy Launches Solar 365™ to Further Drive Revenue Growth
November 20 2017 - 8:31AM
RGS Energy (NASDAQ:RGSE), America’s Original Solar Company
since 1978, announced today the on-time launch of Solar 365™, its
new mobile software and online dashboard suite, creating a better
and more engaging customer experience every day of the year.
“We wanted to see if there was an innovative way we could use
software to help us grow revenue,” said Dennis Lacey, RGS Energy’s
CEO. “We specifically focused on elements of our revenue
growth strategy which include: increasing conversion rates,
reducing our cycle time, decreasing contract cancellations and more
satisfied customers resulting in more referrals. Solar 365™ was
designed to address each of these elements of the customer
experience to drive revenue growth.”
The new mobile app and customer portal provides several highly
useful features and benefits designed to support today’s busy
consumer lifestyle:
- New and prospective customers can easily navigate Solar 365™
and conveniently access information and documents regarding their
planned solar installation wherever and whenever it is
convenient.
- Customers can access important updates, schedule appointments,
and submit requests via a new real-time communication tool, with
instant access to the right team member working on their
project.
- After installation, customers can easily access and view their
cost savings and production stats in kilowatts, as well as dollars
earned if net metering.
- Users can track the various ways their new solar installation
has lowered their environmental impact, and proudly share their
stats with friends and family via email, Facebook and Twitter.
- Customers can earn up to $500 in bonus rewards for each
successful referral. Customers can enter referral contact info,
monitor progress and track their referral reward payouts.
- Making payments is now easier and more convenient.
According to Dan Coffey, RGS Energy’s IT director who led the
development of Solar 365™: “This brings our customers, sales and
construction teams all together in a more dynamic, fun and easier
way to go solar. Solar 365™ was installed on time and as
budgeted.”
RGS Energy also expects to realize a number of new key benefits
from the Solar 365 platform:
- Raise awareness of RGS Energy’s industry-leading solar
solutions and customer service through new social media
channels.
- Increase conversion rates of prospective customers through more
engaging communication and interactivity.
- Reduce solar installation cycle time by streamlining the
scheduling process, and making the experience easier and more
convenient for all.
- Reduce cancellations by keeping new customers better informed
of the status and progress of their solar project.
- Boost sales by making customers referrals easier and more
engaging, and encourage more referrals by allowing customers to
track and share their cost savings, production and environmental
impact stats with friends and family.
- Improve timeliness of customer payments as well as provide
other new operating efficiencies for driving revenue growth while
lowering costs.
Anyone can register today for a Solar 365™ account by visiting
http://solar365.rgsenergy.com/ or via the free Solar 365™ app
available today from Apple Store or Google Play.
About RGS EnergyRGS Energy (NASDAQ:RGSE) is
America’s Original Solar Company providing solar, storage and
energy services, whose mission is to provide clean energy savings.
The company sells, designs, installs solar systems for residential
homeowners and small business companies. The company is also
the exclusive manufacturer of POWERHOUSE™, an innovative in-roof
solar shingle using technology developed by The Dow Chemical
Company.
For more information, visit RGSEnergy.com, RGSPOWERHOUSE.com, on
Facebook at www.facebook.com/rgsenergy and on Twitter at
www.twitter.com/rgsenergy. Information on such websites is
not incorporated by reference into this press release.
RGS Energy is the company’s registered trade name. The company
files periodic and other reports with the Securities and Exchange
Commission under its official name “Real Goods Solar, Inc.”
Solar 365™ is a trademark of Real Goods Solar, Inc.
POWERHOUSE™ is a trademark of The Dow Chemical Company, used
under license.
Forward-Looking Statements and Cautionary
StatementsThis press release contains forward-looking
statements within the meaning of the U.S. Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties,
including statements regarding the RGS Energy’s strategy for
revenue growth. Forward-looking statements are neither
historical facts nor assurances of future performance. Instead,
they provide our current beliefs, expectations, assumptions,
forecasts, and hypothetical constructs about future events, and
include statements regarding our future results of operations and
financial position, business strategy, budgets, projected costs,
plans and objectives of management for future operations. The words
“expect,” “plan,” “future,” “may,” “will,” and similar expressions
as they relate to us are intended to identify such forward-looking
statements.
Forward-looking statements should not be read as a guarantee of
future performance or results, and will not necessarily be accurate
indications of the times at, or by, which such performance or
results will be achieved, if at all. Forward looking
statements are subject to risks and uncertainties that could cause
actual performance or results to differ materially from those
expressed in or suggested by the forward-looking statements.
Therefore, RGS Energy cautions you against relying on any of these
forward-looking statements.
Key risks and uncertainties that may cause a change in any
forward-looking statement or that could cause our actual results
and financial condition to differ materially from those indicated
in the forward-looking statements include: RGS Energy’s ability to
utilize the software to improve the lead-to-conversion rate
installation cycle time, and to reduce contract cancellations; RGS
Energy’s ability to use the software to grow its revenue ; and
customer acceptance of, experience with and satisfaction with the
new software.
You should read the section entitled “Risk Factors” in our 2016
Annual Report on Form 10-K, as amended, and in our Quarterly Report
on Form 10-Q for the quarter ended September 30, 2017, which has
been filed with the Securities and Exchange Commission, which
identify certain of these and additional risks and uncertainties.
Any forward-looking statements made by us in this press release
speak only as of the date of this press release. Factors or events
that could cause our actual results to differ may emerge from time
to time, and it is not possible for us to predict all of them. We
do not undertake any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by
law.
Investor Relations ContactRon BothManaging
Partner, CMATel 1-949-432-7566RGSE@cma.team