One of the nations Leading Solar Companies, Solar America, named in the top 15% of the Inc. 5000 recognized companies.
Solar America was recently honored for its explosive growth on the Inc. 5000 list for 2022.
DENVER, COLORADO — Year over year growth reaching into the four-digit percentages helped Solar America rise to the top 15% of an impressive list of American businesses booming over a three-year period from 2018 to 2021.
Each business highlighted reached and maintained success despite recent economic struggles, and while processing the changes, the COVID-19 pandemic brought to U.S. businesses from both monetary and employee health perspectives.
According to the official Inc. 5000 data, Solar America experienced 1,078% growth over a three-year period. The effort helped the company grab a top 600 slot at 588.
Solar America Recognition
In the biographical material about the company, Inc. recognized its unique place as the “first established solar industry virtual marketplace in the U.S. connecting individuals to a wide range of clean energy providers.”
The Denver-based business has a tech platform that plugs in the top solar businesses in every state to consumers who are often confused by the lack of information presented by local companies and who want to ensure they are doing business with vetted, high-quality installers, distributors, and manufacturers.
Buyers are placed with the best products and installers in their area and can view qualified ratings for each business. Above and beyond consumer reviews that can be manipulated or feature skewed data highlighting the best and worst of experiences, these ratings establish true quality and serve as an expert measurement of a firm.
Consumers are also presented with additional information of value in the acquisition and construction process, such as a web-based cost and savings calculator designed to break down solar panel requirements, such as how many panels are needed for a system, the long-term savings, and the payback period, or the amount of time required for the panels to pay for themselves via reduced energy costs.
Growth in a Time of Turmoil
The COVID-19 pandemic presented a unique challenge for businesses like Solar America. A multi-faceted impact was immediate through the economic hardships it placed on both consumers and businesses, as well as the challenge of managing an evolving employee health crisis.
The marketplace relies on connecting buyers with solar providers and installers. Many of these businesses were actively facing the impacts of COVID daily — from supply chain shortages to labor shortages to shut-downs during periods of heightened infection in their home states.
Despite this, Solar America posted meteoric growth within an industry that soared during the pandemic despite all the challenges before it.
Value of Inc. Recognition
For a smaller business, ranking on the Inc. 5000 is the equivalent of major enterprises appearing on the Fortune 500. It demonstrates a commitment to customers through the delivery of results.
The Inc. ranking relies on documented revenue growth over a specific time period and only accepts applicants who fall within strict parameters. For the 2002 list, a company needed to start before March 31, 2018, and demonstrate revenue growth through the period ending December 31, 2021. To qualify, the minimum revenue, in the beginning, needed to meet $100,000 and have grown to $2 million before the end of 2021.