Case Solution for American Solar, Inc.: An Innovative Solar Start Up

Complete Case details are given below :

Case Name :      American Solar, Inc.: An Innovative Solar Start Up
Authors :           Susan V. White, Karen Hallows
Source :             North American Case Research Association (NACRA)
Case ID :            NA0345
Discipline :        Finance
Case Length :    17 pages
Solution Sample availability : YES
Plagiarism : NO (100% Original work)
Description for case is given below :
American Solar was a small Virginia start up, providing firms with solar thermal energy though new roofing installations. The firm’s owners, John Archibald and Kathryn McGeehan, wanted to sell their solar thermal roofing as cost effective systems, not dependent on tax credits to make them economical as was the case with solar photovoltaic electric (PV electric) generation. Kathryn and John competed for a small niche in an already niche market and were working to prove that their system could stand alone as an energy efficient, cost effective heating system. They were battling the high upfront cost of a solar roof and working to sell the long term energy efficiency that solar thermal roofs provided. Kathryn and John knew that a hotel chain-Hannover Inns-was going out asking for bids from roofing companies to replace their roofs. If they could land this contract, it would be their largest commercial contract to date. They wanted to prepare a quote for replacing the roofs along with a presentation, based on cost savings, that could help take their firm to a higher sales level.
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