The total number of solar installations in the quarter was 8,658, down from 9,312 in the prior quarter but up 25% year on year. 100kw solar system
Vivint Solar said that ‘retained value’ increased by approximately US$1100kw solar system
13 million during the quarter to approximately US$793 million, up 99% year on year. 'Estimated retained value' per-watt was US$1.98.
The company reported a higher cost per watt of US$3.12 compared to US$3.00 100kw solar system
in the second quarter of 2015 and flat compared to the third quarter of 2014.
Total revenue for the quarter was US$22.5 million, compared to US$16.1 in t100kw solar system
he prior quarter and up 170% from US$8.3 million in the third quarter of the prior year. Net loss for the quarter was US$50.3 million.
Operating leases and incentives revenue was US$21.8 million, up 205% from US$7.1 million in the third quarter of the prior year.
We have been completely satisfied with the quality and reliability of Quick Mount products on our solar PV projects. The ease of installation contributes greatly to the overall efficiency of our system installation.
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