As the residential solar market faces a critical inflection point, GigaWatt Inc. is offering public investors the next phase of growth. With federal tax credits phasing out and residential electric bills rising nearly 40% since 2021, homeowners are stuck between expensive turnkey installers and crude DIY kits. GigaWatt has spent nearly two decades building infrastructure to address this gap, and now it’s accelerating development of its own brand of hardware and software to expand leaner alternatives. The financing is being conducted in accordance with the Crowdfunding Regulation (Reg CF) and is open to accredited and non-accredited investors, subject to compliance with applicable regulations. The offering is being conducted through StartEngine with a minimum investment of $500 and can raise up to $1,235,000 of non-voting Class B common stock.
GigaWatt plans to use the new funding to accelerate the development and certification of its Real Goods brand inverters, batteries, panels and Real Goods Hub, a centralized software platform that connects hardware, simplifies support and integrates artificial intelligence to enhance diagnostics, system performance and customer support. In the DIY solar market, where after-sales service is often a key bottleneck, AI tools promise to make expert assistance faster, smarter, and more scalable. The additional funds will be used to expand the research and development, engineering, sales and marketing teams. The goal is to provide fully integrated solar + storage kits that are licensed and compliant, giving homeowners and small installers greater confidence in setting up and using their systems.
“Over the past two decades, we have quietly built the infrastructure to make solar and storage accessible and reliable to everyday homeowners and small installers. This financing allows us to more quickly scale our integrated hardware and software platform so more people can control their energy and build long-term resiliency into their homes,” said Deep Patel, founder and CEO of GigaWatt Inc. Well-known brands like Real Goods serve DIY and professional consumer customers across the United States. Since 2019, the company has installed thousands of kits nationwide, generated more than $64 million in revenue, maintained strong gross margins, and reported positive net profits in 2023 and 2024. The Real Goods brand, which GigaWatt acquired in 2023, has deep roots in U.S. renewable energy and sold its first solar panels directly to the public in 1978. —This content is provided by the communications team gigawatt.