#RenewableEnergy #Stock News
- Solar Integrated Roofing (OTC: $SIRC) Announces
#Solar Solution Initiative for #Poultry Farms; @SIRCStock
SIRC Subsidiary USA Solar Networks Successful
Beta Program to Provide #Solar and #AlternativeEnergy Solutions to #PoultryFarms
Nationwide
EL CAJON, CA / November 24, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, today announced that SIRC subsidiary USA Solar Networks has launched a new sales program targeted at U.S. poultry farmers to transition to solar and alternative energy solutions for their energy intensive operations. A successful beta test in Arkansas with a closing ratio far exceeding national commercial averages provided confidence in the new initiative.
Read his news,
featuring SIRC in full at https://www.investorideas.com/news/2021/renewable-energy/11242SIRC-Solar-Poultry-Farms.asp
The poultry farm industry in the United States
includes over 233,000 poultry farms that generate revenue of over $40 billion
dollars annually. Electricity is often the second largest expense for farms
that require extensive lighting, ventilation, heating, cooling and feed lines.
USA Solar Networks’ new program allows farmers
to take advantage of alternative energy benefits to power their operations, including
federal tax subsidies available to businesses, reduced or eliminated high
utility costs, and substantially increasing cashflow over a 25-year period.
Additionally, the U.S. Department of Agriculture’s Rural Energy for American
Program (REAP) can help farmers reduce energy costs. Under this program farmers
are eligible to receive a grant for up to 25% of the solar project cost, which
can equate to hundreds of thousands of dollars saved.
“The poultry industry has long been neglected
by the solar industry despite being large consumers of electric power,” said
Pablo Diaz, CEO of USA Solar Networks and President of Solar Integrated Roofing
Corp. “Their high electric costs make these farmers ideal candidates for the
solar energy solutions we provide. In our beta program to test this market, we sent
a team to Mena, Arkansas, a rural town heavily populated with poultry farms. In
our initial visit, we met with six business owners to explain how a solar
system could save cost for their business. We signed development agreements
with four of them, with contracts totaling over $2.5 million dollars. This 66%
closing ratio far surpasses that of the national commercial sales average of
20%.”
David Massey, Chief Executive Officer of Solar
Integrated Roofing Corporation, added, “We were impressed by the results of the
beta test in Arkansas and are confident the nationwide roll-out of this targeted
program can create over $50 million dollars in new projects in 2022, with
signed development agreements with 100 poultry farms. In the coming months, the
USA Solar Networks team will be returning to Arkansas and neighboring states to
offer the benefits of solar.
“Pablo has again demonstrated his value and
why we recently tasked him with spearheading growth across the SIRC family of
companies as President. He continues to introduce innovative solutions for
existing and untapped new markets, contributing to our strong organic growth
momentum and shareholder value. We look forward to sharing additional
developments and initiatives in months to come,” Massey concluded.
About Solar
Integrated Roofing Corp.
Solar Integrated
Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and
roofing systems installation platform company specializing in commercial and
residential properties throughout the United States. The Company serves
communities by delivering the best experience through constant innovation &
legacy-focused leadership. The Company's broad array of solutions include sales
and installation of solar energy systems, battery backup and electric vehicle
(EV) charging stations to roofing, HVAC and related electrical contracting
work. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on Twitter, Facebook or Discord.
Forward-Looking
Statements
Any statements
made in this press release which are not historical facts contain certain
forward-looking statements; as such term is defined in the Private Security
Litigation Reform Act of 1995, concerning potential developments affecting the
business, prospects, financial condition and other aspects of the company to
which this release pertains. The actual results of the specific items described
in this release, and the company's operations generally, may differ materially
from what is projected in such forward-looking statements. Although such
statements are based upon the best judgments of management of the company as of
the date of this release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including, without
limitation, the company's dependence on third parties, general market and
economic conditions, technical factors, the availability of outside capital,
receipt of revenues and other factors, many of which are beyond the control of
the company. The company disclaims any obligation to update the information
contained in any forward-looking statement. This press release shall not be
deemed a general solicitation.
Investor
Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
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