Verengo Inc. has again been named to the Inc. 500|5000 list, which ranks the nation’s fastest-growing private companies. This marks the fourth consecutive year that the nation’s residential solar specialist has earned this honor. Verengo achieved a national ranking of #1332 on this year’s list by growing its revenue to $116 million in 2013. The figure represents a 324% growth over the past three years. This growth should not be surprising to people following Verengo, which just hired its 1000th employee earlier this year, and has completed over 12,000 installations.
“We are proud to be included on this iconic list for the fourth straight year,” said Verengo CEO and Co-Founder Randy Bishop. “In our view, our continued growth is the result of the entire Verengo team’s focus on providing a positive solar experience, one customer at a time. From day one we’ve relentlessly focused on saving our customers money, helping them protect themselves from rising electricity rates, and delivering a great customer experience. That’s how we’ve built a record of consistently exceeding customer expectations, and that’s how we’ll continue to grow in the years ahead.”
“Today, solar is the fastest-growing source of renewable energy in America, providing 74% of all new electric capacity in the first quarter of this year,” said Verengo President and Co-Founder Ken Button. “Now that rooftop solar has become affordable to middle and lower income households, more and more people are telling their friends and neighbors about the money they save with solar. We are proud of our high referral rate from our customers and believe that nothing demonstrates success like great word of mouth.”
If this rapid growth weren’t enough, Verengo also has been ranked by Careerbuilder as one of the top companies to work for in Arizona. Between treating its employees well and continually growing its business, Verengo is demonstrating the right way to build a company.