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Home > Feature Articles > Alternative Energy Solutions > Solar Energy

Online Reverse Auctions for the Renewable Energy Services Marketplace, Places Buyers in Driver's Seat

GoGreenSolar.com provides an online marketplace for buyers and contractors to conduct trade.

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Los Angeles, CA, Friday, May 25, 2007: GoGreenSolar.com provides an innovative online marketplace for buyers and contractors to conduct trade. "Buyers post a Request for Proposal (RFP); renewable energy contractors compete, posting their bids and reducing their prices to win the auction," explained Deep Patel, President/CEO of Go Green Solar, LLC. "The contractors are responsible for a small commission on each awarded contract through the marketplace — 3 percent of the total invoice billed to the buyer."

With GoGreenSolar.com, it's the buyer's demand that drives down prices. Consumers decide the maximum amount they are willing to pay for a service. Then, essentially, they select the contractor who's willing to come down to their price level. This "reverse auction" format creates a revolutionary way for buyers to secure renewable energy services. GoGreenSolar.com has created a unique new marketplace for both buyers and contractors. Its reverse online auctions service is a powerful tool that anyone can use to procure their renewable energy services.

Go Green Solar is the first company to offer such comprehensive access to online reverse auctions for renewable energy services, according to Patel. As a result, consumers and businesses can enjoy a variety of benefits which include:

  • Buyers can upload pictures, blueprints, roofing diagrams to assist contractors to make accurate bids.
  • Contractors have access to state of the art satellite and aerial surveying before bidding.
  • Buyers can review contractor feedback and past projects before awarding a contract.
  • Contractors have the ability to create branded portfolios, which showcase past projects.
  • Marketplace conserves time for both buyers and contractors.
Although GoGreenSolar.com primarily caters to buyers, Patel emphasized, the site is not intended to undermine contractors. "Contractors have the power to determine how much they want to sell their service for," he added. "Contractors are not forced to bid; they decide what their limit is." GoGreenSolar.com offers valuable benefits to contractors wanting to take advantage of online auctions. There are no subscription, posting or fees to bid, so they can use it completely free. Contractors also can receive free email notifications when buyers post in their selected category.

For more information about how Go Green Solar's online reverse auctions are impacting the renewable energy industry, visit www.gogreensolar.com. Or contact the company directly at info@gogreensolar.com

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About GoGreenSolar.com
GoGreenSolar.com provides an innovative online marketplace for buyers and renewable energy contractors to conduct trade. Buyers post a Request for Proposal (RFP); contractors compete, posting their bids and reducing their prices to win the auction. Website: www.gogreensolar.com



Edited by Carolyn Allen, owner/editor of California Green Solutions
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