Pure Energies Group Acquires 1BOG

July11, 2012 by Shannalee in Solar Living

Pure EnergiesCanadian solar project developer Pure Energies Group announced Monday that it has acquired One Block Off the Grid, the startup that helps neighbors find better solar deals by pulling together their combined knowledge and resources.

“They are very good at acquiring customers,” said Chris Stern, a spokesman for Toronto-based Pure Energies, in a recent interview. “We bring the engineering, procurement and construction piece and we’re going to be hiring.”

In fact, since its founding in San Francisco in 2008, 1BOG has brought in thousands of clients across forty states, providing the connecting link between solar installers, reputable providers, homeowners looking to install panels and homeowners who already have. Through this new acquisition, for which details have not been disclosed to the public, Pure Energies plans to take 1BOG’s expertise and use it to create a sort of comparison-shopping service for the homeowners it serves, whereby they’ll be able to find the best deals on solar energy in their neighborhoods.

Pure Energies sells solar systems in Ontario, where a lucrative feed-in tariff has created a need for solar installers that has already led to installations of several megawatts of projects in the area so far. As a result of this new deal, Pure Energies plans to put 1BOG’s website to work in Ontario and in turn to offer 1BOG installer and technical support in the states.

According to Andrew Krulewitz, GTM Research solar analyst, 1BOG’s idea offers great potential for homeowners to save money as they’re able to compare prices from big companies like SunRun, SolarCity and Sungevity.

“Typically these firms push for a commitment on the first sales meeting, and why not? With no upfront cost to the homeowner, the end-customer is simply happy to be saving money,” he said. “If Pure [Energies] can foster competition in this regard, third-party residential installers will be forced to reduce overall costs dramatically to continue to provide competitive electricity rates and keep positive margins.”

To learn more about Pure Energies, visit Pure-Energies.com.

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