What happened True Value Solar?

What happened True Value Solar?

True Value Solar, once the biggest solar installation company in the country, is to shut up shop after its German shareholder decided to discontinue operations in Australia. German company M+W Group bought a controlling stake in 2011, and then completed the buyout in 2013, as part of its first push into Australia.

Who took over True Value Solar?

M+W
True Value Solar Is Owned By German Company M+W In 2011 the German engineering firm M+W purchased 65% of True Value Solar and in 2013 they acquired the remaining 35%.

Are True Value Solar still in business?

One of Australia’s largest solar panel installers, True Value Solar, has become a victim of the sector’s success, with its German parent flagging the closure of the business, citing an overly competitive market.

Is true value still in business?

The True Value Company is an American wholesaler with over 4,500 independent retail locations worldwide….True Value.

Type Private
Revenue US$1.488 billion (2017)
Operating income US$ 40.16 million (2017)
Net income US$ 24.75 million (2017)
Total assets US$ 912.88 million (2017)

How do I contact True Value Solar?

1300 326 182; +61 2 9893 1826.

Is Euro Solar still trading?

Despite Euro Solar complaints being legendary in the industry, the company remains in business and still attracts customers because their prices are low. They even have a low price guarantee.

Is 6.6 KW solar enough?

With 6.6kW solar panels, you’ll enjoy ample solar power, making it possible to cover all or almost all of your energy needs with solar. If reducing your reliance on the grid is important and you’re interested in those huge long-term energy savings that solar energy promises, this may be the best size for your needs.

Is Solargain a reputable company?

Solargain is one of Australia’s leading solar power providers, with more than 21 offices and warehouses countrywide. Having been around for over 20 years, we’re regarded as one of the best structured and integrated solar power and solar hot water companies in the business.

Is there a True Value Solar Company in Australia?

TRUE VALUE SOLAR IS NO LONGER OPERATIONAL IN THE SOLAR ENERGY MARKET. Please treat below information as historical only. True Value Solar claims to be Australia’s largest solar-only company. It operates across all states, servicing the solar needs of households, small businesses and large commercial sites.

How many stars does True Value Solar have?

The company has 3.2 stars on ProductReview and has been sinking rapidly as the solar race to the bottom continues – as the old saying goes, good price, quality, and speed – you can pick two. Unfortunately this has now claimed another scalp and True Value have decided to exit the market.

Are there any fake True Value Solar reviews?

There is no way to know that anyone at True Value Solar had anything to do with these fake reviews, but it is not a good sign. Sending fake reviews about solar companies to Australia is probably not the sort of thing Eastern European teenagers do for a laugh.

How often do you need True Value Solar service?

If you use True Value Solar, make sure the panels they install are of good quality. True Value Solar recommends having their rooftop solar systems serviced every two years and as of writing they currently charge $250 for this service.