Alternative Energy Warranty In Pennsylvania
An alternative energy warranty program provides advanced management for growing high quality alternative energy companies who are responsible for the distribution, manufacturing or supplying of energy products as well as warranty assumption for their energy products. Such companies include those who manufacture, distribute or supply energy efficiency solutions, such as:
- energy efficient construction materials
- engine retrofits
- heating and cooling equipment
- solar equipment
- wind turbines
If an alternative energy company is not able to meet the energy promises that it makes to their customers, such as savings promises, minimum outages or something else, the energy savings warranty insurance policy will step in to absorb the impact of reimbursements and other legal fallout. Utilizing the expertise of risk management and renewable energy professionals, Robertson Insurance & Risk Management is able to offer programs delivering greater options to businesses in new and emerging sectors of the alternative energy market.
The two significant benefits to these warranties are to provide an insurance backup to your company's warranty and to transfer the contingent liability of these warranties off of your balance sheet and onto an insurance product.
Partner With Us - Close The Deal!
In many instances, this product is used to bring Pennsylvania manufacturers, investors, and a potentially large number of interested parties to the table to close the deal. Transferring risk, as this program does, allows for investors to minimize their risk while those developing the technology and bringing the products to market may be able to negotiate more beneficial lending terms. In the end, the use of this risk finance tool can provide the necessary assurance that investments have been protected while allowing a company to better its investment grade making this product a win-win for all parties involved.
The programs Robertson Insurance & Risk Management can provide are geared towards energy efficiency and alternative energy services
- Energy Savings Warranty
- Solar Installation Performance Warranty
- Manufacturers Product Warranty
- Output Performance Warranty
These programs coupled with industry leading risk management capabilities make this program extremely flexible to for a host of different and emerging technologies. It is the right choice you can trust to deliver what your business needs.
Making Good On Promises
There is always a concern that the estimated savings with energy products will not be as high as projected. Although reducing the use of energy by increasing efficiency does save money, there is a risk that the savings may never materialize. An alternative energy warranty protects against the concern that customers will not receive the benefits that they have been promised. That is where we can help.
Without the warranty program, the outstanding warranties accumulate as current and long term liabilities on the balance sheet of the entity providing the warranty, lowering financial ratio scores that are needed for greater bonding and competitive financing. For contractors in the alternative energy / LEED markets, this is the solution to increase their bonding capacity on large municipal projects.
All of these warranty products allow the lending institution to be listed as a "loss payee" on the policy. This gives the lender the ability to collateralize the loan with the warranty insurance.
You Need To Partner With The Right People
The overall success of you business depends on choosing the right partners. From suppliers to employees, these choices can make or break your ability to succeed. That is why choosing to partner with Robertson Insurance & Risk Management is the right choice when you need to consider Alternative Energy Warranties. Expertise is the key and an understanding of financials and a keen ability to research and understand your business is what you will find with us. Contact us today to find out how we can help make your idea a reality.