Archive for March 4th, 2010
Colorado Home & Garden Show and more!

Vibrant Solar just completed a week exhibiting at the Colorado Home & Garden Show.  The show was well attended and the interest in solar has never been higher.  We were able to present our new Vibrant Solar Residential Lease Program which proved to be a very strong attraction for attendees at the show.  In order to help our many customers who were having trouble financing their solar panel systems in the down economy, Vibrant came up with our own Residential Lease Program.  The program, funded by J&A Leasing, requires no up-front payment, no down-payment and then lessees pay 80% of their utility electric bill instead of paying the utility for 15 years.  They save 20% off their electric bill immediately and throughout the term of the lease.  The lease runs for 15 years, but lessees can buy out the lease after 6 or 10 years if they choose.  Attendees at the show liked the multiple buy-out options and the fact that their money stays in Colorado.  The other lease options in the Colorado market are financed by California companies.  Vibrant Solar is the only lease program financed and installed by Colorado companies.

Also on display at the Vibrant booth was the revolutionary, new SunCube.  Vibrant Solar is the only licensed company able to sell SunCubes in the southwestern United States.  SunCubes represent the next wave of photovoltaic (PV) solar energy, concentrated photovoltaic’s (CPV).

The SunCube is rated at 31% efficiency, whereas the standard PV thin film and flat panels have a 10% to 18.5% efficiency range.  This means that fewer solar modules are required, with a lot lower cost, to produce enough electricity to power a home, commercial business, factory or large power user.   Needless to say, the SunCube was a very popular exhibit at the show.

Tom Schwing
Director, Small Array Sales