Is solar sales a good career?
Making great money is one of the largest motivations for working in the solar industry. Compared to other fields, the starting pay is highly competitive in any job position, and salary growth is common. There is also massive room for growth and the more experience you have, the more money you can expect to make.
How much money does a solar panel salesman make?
The average pay for a Solar Panel Sales Representative is $68,020 a year and $33 an hour in the United States. The average salary range for a Solar Panel Sales Representative is between $39,858 and $85,529. On average, a High School Degree is the highest level of education for a Solar Panel Sales Representative.
How profitable is a solar panel business?
A typical return is about 6\% per year, but this requires a long-term investment strategy as the company owner. For companies that only install panels for customers who pay all at once, you can see profits of $5,000 to $10,000 per job. However, this requires a steady stream of new contracts.
How do solar sales reps get paid?
In the solar industry, salespeople are almost always paid on commission. The majority of those are paid commission only with no base salary whatsoever. There are a variety of payment schemes that determine the amount of solar salespeople reap on each deal.
How do you succeed in solar sales?
12 Solar Sales Tips
- Have great install teams! Customers remember the 3 days the installers are there more than they remember the sales process – Have great install teams = more referrals. –
- Consider demand management.
- Do due diligence.
- Know solar.
- Monitor and follow up.
- Ask questions.
- Be honest.
- Follow the golden rule.
How do I become a solar sales consultant?
The primary qualifications for becoming a solar consultant are a bachelor’s degree and some experience with solar systems. Most companies prefer applicants who have a relevant engineering degree, but they may also accept people with backgrounds in sales or marketing.
Is selling solar easy?
Selling solar isn’t an easy task, but with the right framework, you can make it easier. A good framework can help you effectively address the prospect’s concerns and communicate the value of a solar installation from your company.
Can you make money selling solar energy?
Small-scale businesses can sell solar energy credits at the market value of electricity and earn instant profits. Businesses can sell SRECs directly to the utility service or can go through an agent.
What is the Commission on solar sales?
The sales person who initiated the sale received 6.5\% of the margin on the sale. That meant that the total sale price to the customer minus the cost of the hardware and then multiplied by 6.5\%. Since the hardware was about 60-70\% of the typical costs, on a $100,000 project, it could mean about $2000 in commission.
How much commission do solar panels sell?
You know you have $0.30 per watt you can comfortably allocate to sales commissions as part of your installation cost. In this instance, that amounts to $1,800. To be conservative, you may then set a base commission of $1,000, which can be expanded up to $1,500 to incentivize above-average sale amounts.
How difficult is solar sales?
It can be a little difficult sometimes on very busy days, working so many hours, but if that’s something you’re willing to do, then you can succeed. If you want time off, they’ll approve it. And there’s no cap on how much you can get paid, or on your satisfaction.” Every solar company is different.