Novaccess Global Inc's Customers have recorded an advance in their cost of revenue by 7.57 % in the 3 quarter 2024 year on year, sequentially costs of revenue grew by 52.37 %, for the same period Novaccess Global Inc
Novaccess Global Inc's Comment on Sales, Marketing and Customers
The majority of our revenue comes from installations of commercial solar systems
in California. Approximately 83% of our sales in 2017 were in the commercial
market and approximately 17% were generated by residential sales. We anticipate
that through our expanding efforts to promote the sale of our solar canopy and
managed energy storage offerings revenues for commercial sales will continue
to outpace residential sales through the 2018 period.
Our commercial system sales service the needs of property owners installing
solar PV systems typically larger than 20kW, and energy storage systems that
start at 60 kilowatt hours of storage capacity. However, system size and installation
type can vary significantly in scope from rooftop solar only installations to
solar rooftop and carport, truckport, or covered storage combined installations
with integrated whole building energy management solutions. The average cycle
time for commercial rooftop installs range approximately 6 to 8 weeks with solar
canopies such as carports, truck ports, and covered storage requiring as much
as twelve to twenty weeks due to additional permitting requirement and reviews.
We help to facilitate financing options to fit the specific needs of each customer.
Our residential sales address the needs of property owners typically installing
systems smaller than 15kW. The average cycle time for residential rooftop installs
is approximately 3 weeks. We help to facilitate financing options to fit the
specific needs of each customer.
Novaccess Global Inc’s Comment on Sales, Marketing and Customers
The majority of our revenue comes from installations of commercial solar systems
in California. Approximately 83% of our sales in 2017 were in the commercial
market and approximately 17% were generated by residential sales. We anticipate
that through our expanding efforts to promote the sale of our solar canopy and
managed energy storage offerings revenues for commercial sales will continue
to outpace residential sales through the 2018 period.
Our commercial system sales service the needs of property owners installing
solar PV systems typically larger than 20kW, and energy storage systems that
start at 60 kilowatt hours of storage capacity. However, system size and installation
type can vary significantly in scope from rooftop solar only installations to
solar rooftop and carport, truckport, or covered storage combined installations
with integrated whole building energy management solutions. The average cycle
time for commercial rooftop installs range approximately 6 to 8 weeks with solar
canopies such as carports, truck ports, and covered storage requiring as much
as twelve to twenty weeks due to additional permitting requirement and reviews.
We help to facilitate financing options to fit the specific needs of each customer.
Our residential sales address the needs of property owners typically installing
systems smaller than 15kW. The average cycle time for residential rooftop installs
is approximately 3 weeks. We help to facilitate financing options to fit the
specific needs of each customer.
Sources:
Novaccess Global Inc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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