EnergySage Awarded DOE SunShot Initiative Award

Start-Up Receives $1.25M to Fund Further Development Of Solar PV Comparison Shopping Platform

CAMBRIDGE, Mass.--()--EnergySage, Inc. announced today it received a $1.25 million U.S. Department of Energy’s (DOE) SunShot Initiative (Incubator 8, Tier 2) award. In 2012, the company received a $500,000 SunShot award (Incubator 6, Tier 1) to develop its online solar PV comparison-shopping platform, the EnergySage Solar Marketplace, released in February 2013. The current SunShot award will fund further development of its platform, establishing EnergySage as a comprehensive national consumer destination site for solar photovoltaics (PV).

Applying the best practices of web-based shopping, EnergySage created the only online shopping platform for solar PV systems for homeowners, businesses and non-profits. Its unique, innovative, user-friendly comparison-shopping experience injects unprecedented levels of simplicity, choice and transparency into the solar buying process. EnergySage’s online marketplace removes significant market friction for consumers and providers.

Through automation, EnergySage is transforming an industry mired by costly manual processes into one that is highly efficient and scalable. The platform helps to reduce prices, making solar PV systems more accessible to the mass-market and helping to drive exponential increases in market adoption of solar.

For more information: http://www.energysage.com/news/energysage-awarded-doe-sunshot-initiative-award

About EnergySage, Inc.

The EnergySage Marketplace transforms the complex Solar PV shopping process into a simple online comparison-shopping experience that enables consumers to compare quotes from multiple pre-screened installers in an apples-to-apples format across all financing options. EnergySage’s benefits extend to providers such as manufacturers, installers, financiers and other professionals involved in the solar PV sales process as well, through increased consumer awareness, knowledge and demand for their services. By creating efficiencies in the buying and selling processes, EnergySage slashes the time and effort required by consumers and installers, significantly reducing customer acquisition costs, boosting consumer confidence, and ultimately accelerating mass-market solar adoption. EnergySage: Learn, Shop, Share. www.energysage.com.

About the U.S. Department of Energy SunShot Initiative

The U.S. Department of Energy (DOE) SunShot Initiative is a collaborative national effort that aggressively drives innovation to make solar energy fully cost-competitive with traditional energy sources by the end of the decade. Through SunShot, DOE supports efforts by private companies, universities, and national laboratories to drive down the cost of solar electricity to $0.06 per kilowatt-hour. Learn more at http://www.energy.gov/sunshot

Contacts

EnergySage, Inc.
Eileen Newman, 617-763-5145
VP Communications

Release Summary

EnergySage, Inc. received $1.25 M from the Department of Energy to fund further enhancements to its online, comparison shopping platform for solar photovoltaic systems.

Contacts

EnergySage, Inc.
Eileen Newman, 617-763-5145
VP Communications