In a nutshell, when you buy any solar equipment from a certain wholesaler, you are buying reduced-priced products in bulk for reselling to solar clients at a higher price. Your discount will surely be greater the larger the order you put.
You partition out the large inventory for resale in smaller quantities for each solar job. Whatever discount you received should allow you to increase your mark-up and pass it on to your clients.
The difference between your own mark-up and prices determines your margin, which varies depending on the size of your system, supply and demand, taxes and tariffs, competitive landscape, incentives, and also product life cycles.
The gross profit, often known as the margin, is the money that you make from a sale. The hardware margin is integrated into your overall profit percentage for turnkey contractors. The right source for buying any equipment related to solar wholesale will most certainly be Alibaba.com where you can get the best price.
The following are a few different types of solar equipment available wholesale for sale.
BRAND NEW
Wholesale equipment is frequently connected with modern technologies. The latest versions of panels, inverters, racks, and other components can be found in any respectable wholesaler’s catalog. These items are brand new and come with a manufacturer’s warranty.
For recently released models, there won’t be much of a price difference. Other costs for the supply chain, such as shipping, may, nevertheless, be reduced. Alternatively, collaborating with any financial consultant who may strengthen your project for financial chances may help you increase your margin of profit.
SURPLUS
Overstock, often known as surplus, is new equipment that is still under warranty. All these ‘left-overs’ from assembly lines are excess production that most manufacturers are eager to sell to free up production lines for new products. Surplus commodities, like surplus items in other businesses, are sold at a discount.
B-GRADE
B-Grade solar modules can be brand new but have minor cosmetic flaws. These flaws have no bearing on the panel’s energy production or performance. The majority of manufacturers offer warranties. B-Grade modules are substantially less expensive, making them more difficult to get on the open market.
However, if you have got the opportunity to purchase them, you can save a significant amount of money.
EXCESS AND USED
With the emergence of a certain secondary solar industry, several wholesalers are now selling a combination of surplus and old solar equipment for sale. Excess material from projects, equipment from any canceled or delayed works, and unutilized inventory from shuttered solar enterprises are sold to purchasers.
Because certain wholesalers are not bound by geographical borders, they can offer equipment to buyers all over the world that may be outdated in your market.
You will save between 50 and 75 percent compared to buying new modules. The cost is determined by age and level of efficiency. These products are backed by reputable wholesalers that offer in-house testing, refurbishing, and limited warranties.
Unsalvageable modules, on the other hand, have no market value. Modules with cracked glass, in particular, should be recycled. Recycling has a cost, which owners of all solar systems must be aware of to plan for when exactly their systems reach the end of their useful life.
