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Message: Renting Units

This is for Jack, who besides a grammar issue at times, also now appears to have a hearing problem. Spreading fear on the yahoo dumpster with the other freaks.

Let's clear some things up Jack. I didn't have time to verify until now, so let's discuss the "Rental" model you seem to have decided is a death spiral.

From the podcast interview

EFL started looking at new rev streams. They found
1. data analytics realtime battery monitoring
2. leasing

Their batteries aren't degrading like the competition which have issues after 4-5 yrs. This has created a whole new ball game. Raymond has already started to create a rental program.

Because of their EFL battery residual value, the rental program operating costs have now come on par with  cheap batteries

Their 2 largest retail clients have peak periods where they need more batteries for "periods of time". So they are leasing them. And the rates are very good according to Raj. The units are PAYING FOR THEMSELVES in 12 months. Banking partner didn't want to do this at first, but has been going along with it. Will use the units in ESS when not renting. Very profitable model Raj has said.

I find it hard to believe, Jack, after 4-5 yrs of very successful performance, that all of a sudden, Walmart is questioning the price of EFL's 2nd to none performing battery. They are quite aware it is higher priced up front, but their long term costs and capex will be lower because it isn't degradating like the competition.

I thought prosser was a bit tough on you in the beginning, but if you continue to post fear porn and 20 yr old crap like the shrimp, boring or crash, I'll be done responding to you also.


 

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