If you are a homeowner in Louisiana and would like to save money on your electric bill, consider using solar energy. This new technology allows you to save up to 60% of your current electricity bill and is very affordable. The company offers leasing plans for homeowners, and their system costs less than $20 per month. The system at PosiGen also requires no maintenance and can be installed anywhere in your home. With a few simple steps, you can install your own PosiGen solar energy system.
The PosiGen solar power company was founded ten years ago and specializes in marketing solar energy systems to low-income households. To date, it has raised over $280 million in outside funding. The new investment will be used to expand its operations and provide affordable solar energy to more customers.
The new capital will allow PosiGen solar power firm to provide more solar panels to homeowners and will help it grow its customer base. The company will retain existing investors and also expand its business in the future (Apnews).
While many companies in this industry are struggling to meet the growing demand, PosiGen is making a point to expand in new states and expand its business. The company has a best-in-class product, and it’s focused on providing value to customers who are experiencing a high energy burden. The company has expanded into the solar industry in recent years and continues to invest in its core technology infrastructure. It also serves low-income communities, where solar power is often too expensive.