SinglePoint Inc.
SinglePoint Inc. (OTC: SING) is a renewable energy company focused on developing and delivering solar energy solutions for residential, commercial, and industrial customers, generating clean electricity from solar photovoltaic systems while reducing customer energy costs and environmental footprint. According to its website at singlepoint.com, the company provides solar energy services including solar system design, installation partnership, financing solutions, and energy management through its solar energy platform, targeting the large and growing market of property owners seeking to convert to solar power as falling panel costs, attractive federal tax credits, and rising electricity rates have made residential and commercial solar economically compelling across a growing range of U.S. markets. SinglePoint's solar energy focus reflects the company's evolution from a diversified technology and mobile payments company into a focused renewable energy company.
SinglePoint's solar business activities, described at singlepoint.com, include customer acquisition, solar system design consultation, coordination with installation contractors who perform the physical solar panel installation, solar financing facilitation including solar loans, leases, and power purchase agreements that provide customers with flexible payment structures, and ongoing customer service support. The company's solar energy platform connects customers with appropriate solar solutions for their specific energy needs, roof characteristics, and financial preferences, serving as an integrated solar customer acquisition and service management company in the competitive residential and commercial solar market. SinglePoint's solar business targets homeowners and small business owners seeking to reduce their electricity bills and carbon footprint through solar installations that are increasingly cost-competitive with conventional utility power in many U.S. markets.
SinglePoint is publicly traded on the OTC markets and has pursued solar energy business development as its primary strategic focus, building its customer acquisition capabilities and installer partnership network to serve the growing demand for residential and commercial solar energy in its target markets. According to singlepoint.com, the company's growth strategy centers on expanding its customer acquisition reach, improving its solar sales process efficiency, and building the installer and financing partner relationships required to deliver high-quality solar installation experiences to its customers. SinglePoint's combination of residential and commercial solar focus, customer acquisition platform, installer partnership model, flexible financing facilitation, and OTC-listed public company structure reflects its participation in the large and growing renewable energy market as a solar energy customer acquisition and service company.