Real Goods Solar, Inc. (NASDAQ:RGSE) Sets 25th March For 4Q Results Announcement – Expectations Rise


Dallas, Texas 03/21/2014 (FINANCIALSTRENDS) –  Real Goods Solar, Inc. (NASDAQ:RGSE) has announced that it has set 25th March as the date for announcing its 4Q and Full year 2013 operational results. The firm has been going through a purple patch in the past one quarter, with an increased demand for its products from across verticals.

The results from this LOUISVILLE based firm are expected to beat expectations, since it has been expanding its market reach by tying up with one of the leading lenders to offer a joint package, which would help customers buy their energy solutions by the loans and funding that the venture partner Mosaic Home Solar Loans are offering. This one in two finance backed offer is expected to make housing solar solutions very affordable to American home owners via a loan program. Previously same home owners were dissuaded from the high upfront cost involved in installing solar system units.

Real Goods Solar, Inc. (NASDAQ:RGSE) Chief Executive Officer and Director Kamyar Mofid has been quoted the importance of this initiative by saying that, “While we continue to see strong demand for the leasing of solar power systems, there is also increasing interest in direct ownership by the homeowner. So, we are excited to launch the Mosaic Home Solar Loan, which allows people to own their system from day one. This offering helps RGS Energy deliver attractive and affordable solar options, while recognizing that different customers require different solutions to meet their particular needs.”

The joint scheme being offered by Real Goods Solar, Inc. (NASDAQ:RGSE) and Mosaic Home Solar Loans involves its customers making a choice with respect to the kind of payments they wish to make and will also have the advantage of getting their EMI being reduced at source, by the company, by integrating the solar tax credit, that government offers home users opting to use Solar energy.