XsunX Set to Benefit From Pent Up Demand for Commercial Solar Systems
December 30 2013 - 7:30AM
Marketwired
XsunX Set to Benefit From Pent Up Demand for Commercial Solar
Systems
Company Sets 2014 Goal to Grow Systems Sales and Installations
to 1MW per Month in Southern California
ALISO VIEJO, CA--(Marketwired - Dec 30, 2013) - XsunX, Inc.
(OTCQB: XSNX), a renewable energy technology, systems, and services
provider, today announced that response to its Southern California
wide marketing campaign has received wide interest, indicating
sizeable pent up demand for commercial and industrial solar
systems.
"In spite of the holidays, the response we are receiving from
our marketing efforts has been outstanding," said XsunX CEO, Tom
Djokovich. "Several potential customers each week are requesting
quotes, with many projects requiring 100kW or more in PV system
sizing. Our goal in 2014 is to grow our commercial and industrial
PV systems design and installation business to at least 1 MW of new
systems per month. The initial results from our campaign are better
than what we expected. Based on these early results, we are gearing
up to meet the demand."
XsunX's focus on commercial and industrial PV systems sales is
well timed. Businesses traditionally consume and pay more for power
than residential users. Recent approval of rate and time of use
charges for commercial and industrial users by the California PUC
is driving business owners to seek new ways to control and reduce
energy costs. Thus, installation of solar systems has become a
leading energy solution for commercial and industrial users.
Also, governmental policies and incentives for solar PV
investments continue to improve, resulting in outstanding return on
investment for businesses. Mr. Djokovich concluded, "What we
essentially have is a worsening public utility market driving
businesses to find better solutions. XsunX is well positioned and
focused on servicing the Southern California market, which
represents one of the largest commercial and industrial PV systems
markets in the nation."
About XsunX
XsunX focuses on providing solar energy solutions to businesses
that provide the greatest bottom-line financial benefits. The
Company's background and experience spans virtually all aspects of
solar including technology assessment, design, and development. We
have a deep passion for solar and have worked to pioneer new
technologies and solar business solutions focused at making solar
an affordable energy option. For more information, please visit the
Company's website at www.xsunx.com, or to learn more about the
benefits of solar energy for your business schedule a free PV
project assessment (http://www.xsunx.com/free-assessment.htm).
Safe Harbor Statement
Matters discussed in this release contain forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements other than statements of
historical facts included in this press release are forward-looking
statements. These statements relate to future events or to the
Company's future financial performance, and involve known and
unknown risks, uncertainties and other factors that may cause our
actual results, levels of activity, performance or achievements to
be materially different from any future results, levels of
activity, performance or achievements expressed or implied by these
forward-looking statements. Investors should not place any undue
reliance on forward-looking statements since they involve known and
unknown, uncertainties and other factors which are, in some cases,
beyond the Company's control which could, and likely will,
materially affect actual results, levels of activity, performance
or achievements. Any forward-looking statement reflects the
Company's current views with respect to future events and is
subject to these and other risks, uncertainties and assumptions
relating to operations, results of operations, growth strategy and
liquidity. Such risks, uncertainties and other factors, which could
impact the Company and the forward-looking statements contained
herein, are included in the Company's filings with the Securities
and Exchange Commission. The Company assumes no obligation to
publicly update or revise these forward-looking statements for any
reason, or to update the reasons actual results could differ
materially from those anticipated in these forward-looking
statements, even if new information becomes available in the
future.
Company Contact: Tom Djokovich President and CEO 888-797-4527
info@xsunx.com
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