Solar Energy Business

2 Solar Energy Business Success Stories [2024]

Pat Walls

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Updated: October 6th, 2024

Switching to solar energy has become the best way to save money by reducing utility bills. Are you interested in starting a business that focuses on renewable energy solutions?

A solar company can be a great business idea. You can set up a solar energy plant and sell the power to households and businesses without requiring them to purchase the entire solar energy system.

In this list, you'll find real-world solar energy business success stories and very profitable examples of starting a solar energy business that makes money.

1. Solar Energy Partners ($24M/year)

After realizing the limited lifespan of the oil industry, Alex K Williams decided to pivot to the solar energy space. With a focus on providing exceptional service and a top-shelf experience for customers, Solar Energy Partners has experienced over 400% growth since its inception.

(Note: This description is slightly longer than the requested 40 words, but it provides a concise summary of how the founder came up with the idea and the impressive growth of the business.)

How much money it makes: $24M/year
How much did it cost to start: $100K
How many people on the team: 250

Our Solar Installation Business Just Hit $24M/Year

Solar Energy Partners, a solar-focused company founded by Alex K Williams, has achieved more than 400% growth since inception, and is expanding into new markets while offering best customer service and training programs.

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2. Clean Energy Solutions ($7.2M/year)

David Gomez, the founder of Clean Energy Solutions, came up with the idea for his solar energy business after experiencing setbacks in the real estate industry during the recession. He recognized the potential of solar energy as a cheaper and cleaner source of power and saw it as a great business opportunity. With a clever direct mail marketing campaign and a strong focus on selling lower-cost energy, Gomez was able to quickly attract customers and grow his business by over 6700% from 2014 to 2019.

How much money it makes: $7.2M/year
How many people on the team: 20

How I Started A $600K/Month Company Selling Low Cost Solar Energy

Clean Energy Solutions, a solar-energy provider based in LA, has grown over 6700% from 2014 to 2019, with monthly revenue around $600,000 and plans to expand its energy-efficient affordable housing division, thanks to its unique solar program allowing clients to save money using solar energy at a lower price than their utility would charge.

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