#101: The Benefits, Myths & Misconceptions of Energy Cost Savings with Solar Panels

NOTG - Nuggets on the Go by PropertyLimBrothers

What does it take to build a thriving solar energy business in a country where scepticism still exists? Today on NOTG, Grayce from PropertyLimBrothers sits down with Satish Prasath, Founder and Director of PMCE, to share his lesson-filled journey of starting a solar panel company in Singapore from scratch.

From navigating misconceptions about solar panels to handling client-employee dynamics, Satish shares the lessons that have shaped him and his business. He reveals how focusing on character over technical skills has grown his team, why tangible proof like reduced electricity bills is key to winning over clients, and how one happy customer can lead to ten more.

Curious about the costs, benefits, and ROI of solar panels? Wondering how REC (Renewable Energy Certificate) works or what happens if you sell your home before achieving ROI? Satish breaks it all down, offering practical advice for homeowners and business owners alike. Plus, he reflects on his toughest decisions, the importance of simplicity in running a business, and how his mother’s wisdom set him on the path to success. Don’t miss this episode and be inspired to start owning your energy today!

Timestamps:
00:00 Intro
01:05 Usual operation issues running a solar power business
05:00 Background
16:09 Winning the trust of customers
18:32 PMCE Team
26:05 Is it worth it to install solar panels?
35:20 Selling a home with solar panels
36:25 Solar panels longevity
38:15 Maintenance
39:15 Solar Panel app
40:40 Total clients
42:25 Installation process
48:00 Solar panel roof criteria
49:50 Other services
53:45 Customer relationship
54:30 Advice to aspiring entrepreneurs
55:35 Learning lessons from previous projects
58:50 One trait that guarantees success in running a business
1:00:50 Closing thoughts
1:01:55 Outtakes