Two-year-old Monalee has developed a web based platform for US owners trying to purchase photo voltaic PV and storage techniques. Its software program permits the method from quotes to financing, set up, and after-sales assist.
Monalee, a US-based software program firm serving the buyer photo voltaic PV market, has developed a web-based platform to allow funding in residential rooftop PV and associated dwelling vitality techniques. .
The software program offers estimates, quotes, financing, allowing, set up, and interconnection companies after the house owner enters their handle, present invoice, and selection of PV or battery, or each. It additionally calculates financial savings, a subsidy or credit score calculator, and after-sales assist via an app.
“Ordering and finishing photo voltaic purchases ought to work on-line as a result of that is what customers need. They’re used to it, even for giant purchases like shopping for a automobile,” stated Monalee CEO and co-founder Walid Halty. pv journaladded that the problem of photo voltaic is the necessity for website visits to have the ability to develop the challenge.
Monalee solved the positioning go to problem by tapping geographical data system (GIS) knowledge and pictures from Google Maps via an software programming interface (API), often called the Solar API.
“But Solar API solely covers half of the US,” Halty stated, describing how the corporate has partnered with earth imaging specialists who present photogrammetry LIDAR and drone imagery knowledge for broader protection.
Deep studying strategies are used in order that the software program can detect the sides of the roof, for instance, or to determine constructing parts, akin to chimneys or air con items.
Monalee is a licensed normal contractor and grasp electrician in 24 US states. It works with small to midsize installers as sub-contractors, in addition to with different companions, akin to gear suppliers and finance suppliers to offer companies offered via its platform, in response to Halty, who stated the corporate has served 1,900 owners since its inception. in 2022. He attributed this to the service being “much less time-consuming” and “extra economical” in comparison with typical strategies.
Offering decrease costs has led to some surprising outcomes. “We’re shocked to see demand in components of the nation, like Georgia, Alabama, and Kentucky, that are not sometimes massive photo voltaic markets due to low electrical energy costs. The greatest quantity markets are Florida and California , as anticipated,” stated Halty.
Monalee has raised a complete of $10 million in enterprise capital, with the newest spherical closing in March 2024. The firm plans to increase to 35 states this 12 months.
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