We no longer even accept many such orders - especially for those concerned
with state projects in California, New Jersey, New York, and a few others.
Even for those not issuing IOU's for payment, payment has been stretching
out for as long as 120+ days. We also no longer accept any government
purchase orders except a few local ones from the US Forest Service. We have
the credit lines, but with the small margins now on panels, the loss of
$100K would take like $500K in sales to make up if lost. The problem in many
cases is not that you don't get paid, but that it can take months.
I would triple check the viability of the company ordering and the project
before I sank any real money into it.
..................................................................................................
Northern Arizona Wind & Sun - Electricity From The Sun Since 1979
Solar Discussion Forum: http://www.wind-sun.com/ForumVB/
..................................................................................................
----- Original Message -----
From: "Jeff Yago" <[email protected]>
To: "RE-wrenches" <[email protected]>
Sent: Monday, July 06, 2009 6:57 AM
Subject: Re: [RE-wrenches] large module orders - COD??
Most of our projects do not require ordering and stocking large quantities
of solar modules, so we usually order in one pallet at a time quantities
since most of our installs are in the 4 to 6 kW size range. However, we
have a firm purchase order for over $100,000 worth of Solar World 175
modules, but the client will not pay anything until the modules have been
shipped and received in good condition. I have been able to get their
agreement to pay COD, but have not found any supplier who handles Solar
World 175's and is willing to fill this large order without payment in
full at time of shipment.
If we cannot make this work, I will be forced to go back through the
process of getting another module approved for this installation and find
a supplier willing to make this work using a different module brand, but I
hate to go through all this after getting the SolarWorld 175's approvied
by both the architect and client. They are ready to purchase these today.
How do you handle these larger special orders without having to have a
$100,000 line of credit with each material supplier?
Thanks,
Jeff Yago
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Netscape. Just the Net You Need.
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