Updated November 17th, 2024 – Removed $500 minimum paid to Synergic Solar on projects and added community solar and deregulated energy information. Sunrun contracts now pay M1 payments. Added affiliate program for referring ISO teams to Synergic Solar, available to all ranks.
Building your career in the Solar industry as a Synergic Solar representative is super SIMPLE!
Earn 70% of the Sales Margin as commission on every deal you personally install plus bonuses on the installations of your directly referred agents and your organization installations, based on your rank in our compensation plan below.
EPC = Solar Installation Company
PPW = Price Per Watt
Baseline Price = PPW install cost per baseline rate sheet for State published on Synergic Solar website. (Available to logged in reps!)
Gross Baseline Price Margin = PPW Retail Price Sold MINUS (-) Baseline Price Cost (-) Adder costs
(i.e. If PPW Retail Price Sold is $3.20, with $0.20 in adders and Baseline Price Cost is $2.00, Gross Baseline Price Margin = $1.00)
Net Baseline Price Margin = Gross Baseline Price Margin MINUS (-) Any Fees Charged by EPC to Sale (i.e. 20% EPC revenue split. *If charged, see specific EPC pricing for details.)
Sales Margin = Net Baseline Price Margin X System Size in watts.
(i.e. $1.00 NBPM X 10000W System Size = $10000)
Sales Margin = Net profit margin made on a product sale after all costs have been subtracted from gross sales margin.
I.e. if a product has a revenue share with provider, this amount will be deducted from gross sales margin.
Sales Agent Commission:
Installed Solar Projects: Sales Agents earn 70% of Sales Margin.
Rank Advancement:
In order to advance to the rank of ‘Sales Manager‘ a Sales Agent must:
The Sales Agent will be promoted to Sales Manager the month after they meet all rank advancement requirements.
For example: You personally have 3 projects installed in month of April, but it takes you until August to sign up 3 Sales Agents and install 10 projects on your team within 2 calendar months, you will be promoted to Sales Manager September 1st.
Are you running into team leaders in solar who are looking for a dealer program, who want to operate as an independent sale organization? If they are selling 20 or more units a month, you can earn a commission on every sale in their organization, as a Sales Agent or above in rank!
Click here to view the ISO affiliate program, sign up for tracking here: https://iso.synergicsolar.com/become-an-affiliate/
You will give out your iso.synergicsolar.com/ref/username link to refer ISO team to Synergic Solar.
This is your first step towards financial independence as a Solar Consultant!
*Qualified Agents. If appointments are available in your area.
Commission:
Installed Solar Projects: Sales Managers earn 70% on their personal installations.
Installed Solar Projects By Team: Sales Managers earn a Bonus on team installations. (See below.)
Boost your income!
Sales Manager Bonus:
Sales Managers earn up-to 2% Sales Margin Bonus on all qualified installations in their organization.
This is compensation for being a good trainer and should be the goal of EVERY Sales Manager, to have dozens of Sales Agents below them, on which they earn 2% of Sales Margin of their solar system installations and the installations of their Sales Agents.
*Sales Manager Bonus is paid the 20th of the month for the previous month’s installations, i.e. you are a qualified Sales Manager the month of August, you will be paid the August bonus on the 20th of September or the following business day if the 20th falls on a weekend or banking holiday.
As a qualified Sales Manager you earn a bonus from our 1% company-wide bonus pool.
You will earn one (1) equal share of the company-wide bonus pool for each solar installation completed during the month by you and your entire sales organization down five (5) levels deep.
How the bonus pool is funded:
For each install completed during the month company-wide Synergic Solar takes 1% of the Sales Margin and puts it into the bonus pool to be divided between our Sales Managers! Every installation in the company adds to the bonus pool!
How the bonus is paid:
The Sales Manager company-wide bonus pool is paid on the 20th of the month for the previous month.
If the 20th falls on a banking holiday or a weekend the payment will be made on the following business day.
Qualifying as a Regional Sales Manager:
Regional Sales Manager Bonus:
Regional Sales Managers earn up-to a 6% Sales Margin Bonus on all qualified installations in their organization.
*Regional Sales Manager Bonus is paid the 20th of the month for the previous month’s installations, i.e. you are a qualified Regional Sales Manager the month of August, you will be paid the August bonus on the 20th of September or the following business day if the 20th falls on a weekend or banking holiday.
As a qualified Regional Sales Manager you can earn a bonus from our 2% company-wide bonus pool.
*A minimum of 40 installations must be made by you and your organization’s first five (5) levels during the month to qualify for bonus.
You will earn one (1) equal share of the company-wide bonus pool for each solar installation completed during the month by you and your entire sales organization down five (5) levels deep.
How the bonus pool is funded:
For each install completed during the month company-wide Synergic Solar takes 2% of the Sales Margin and puts it into the bonus pool to be divided between our Regional Sales Managers! Every installation in the company adds to the bonus pool!
How the bonus is paid:
The Regional Sales Manager company-wide bonus pool is paid on the 20th of the month for the previous month’s bonus.
If the 20th falls on a banking holiday or a weekend the payment will be made on the following business day.
Qualifying as a National Sales Manager:
You will be promoted the following month to National Sales Manager after you meet qualifications for rank advancement.
National Sales Manager Bonus:
National Sales Managers earn a 12% Sales Margin Bonus on all qualified installations in their organization.
*National Sales Manager Bonus is paid the 20th of the month for the previous month’s installations, i.e. you are a qualified National Sales Manager the month of August, you will be paid the August bonus on the 20th of September or the following business day if the 20th falls on a weekend or banking holiday.
*National Sales Manager’s have authority to promote any Sales Agent in their organization to the rank of Sales Manager! (Open a Support Ticket to request promotion of Sales Agent.)
As a qualified National Sales Manager you earn a bonus from our 3% company-wide bonus pool. *A minimum of 60 installations must be made by you and your team in your organization’s first five (5) levels during the month to qualify for bonus.
You will earn one (1) equal share of the company-wide bonus pool for each solar installation completed during the month by you and your entire sales organization down five (5) levels deep.
How the bonus pool is funded:
For each install completed during the month company-wide Synergic Solar takes 3% of the Sales Margin and puts it into the bonus pool to be divided between our National Sales Managers! Every installation in the company adds to the bonus pool!
How the bonus is paid:
The National Sales Manager company-wide bonus pool is paid on the 20th of the month following the qualifying month.
If the 20th falls on a banking holiday or a weekend the payment will be made on the following business day.
Synergic Solar reps receive payouts on projects in three separate milestone payments:
M1 Payment Terms
M2 Payment Terms
M3 Payment Terms
*M1, M2 and M3 funds received and cleared to Synergic Solar by Monday of each week are paid Friday of the same week to agents.
*Commissions for Community Solar and Deregulated Energy are paid when funds are received for the sale, anything received by Monday of the week will be paid out on Friday of the same week.
*PTO = Permission to operate.
* A sale qualifies during the month IF SOW has been approved for project.
*SOW = Scope of Work. Meaning the project is ready to move forward for plans and permit approvals and has been signed off as accurate by you and your client.
*Commission = Income you earn from your personal sales
*Bonuses = Income (Sales Manager Bonus, Regional Sales Manager and National Sales Manager) you earn based on performance of your sales organization. Paid on M2 and M3, OR Net Sales Margin of non-rooftop solar products, i.e. community solar and deregulated energy sales.