Conducting technical due diligence before a purchase/acquisition is essential for reducing risk and operating expense.
If it’s so important, should you do this work in house?
There is one big reason to consider doing the work in-house: it can be the lowest cost.
However, that’s only true if you have enough work to keep them fully utilized. If you need to pay their salary even when they aren’t doing the productive work, it may cost much more.
Why should you outsource?
Outsourcing is the best model for most firms in the solar industry. Here is a list of the major reasons why:
Summary
Unless you have a very high volume to justify the cost of hiring a few folks to cover the wide range of expertise needed, you will get a higher level of service at a lower price by outsourcing to a specialist such as Pure Power.
Pure Power has the expertise and a high bandwidth to conduct Technical Due Diligence at a high speed and quality. We review all technical aspects of design, construction, and energy production to identify risks and expenses that must be modeled before your negotiation and acquisition. Reach out today to learn more.