OTCPK:CSUWF - Post by User
Comment by
autofocus111on May 12, 2017 6:44pm
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Post# 26239581
RE:TD Notes on Enercare Q1
RE:TD Notes on Enercare Q1Hey TD analyst pay attention. ECI mangement explained why the rental mix is lower in the USA markets.
>>>The U.S. rental program is similar to Enercare's existing Canadian rental program, except that due to U.S. regulations, the rental contracts in the United States will be for a definitive term, which in the piloted states is 10 years. Enercare anticipates that the form of the contract, as driven by the U.S. regulatory environment, will result in a slower adoption of the rental program in the U.S. The preliminary rental mix of total HVAC origination in the United States was in the 3% to 5% range after our soft launch.