Penobscot Bay Regional Chamber of Commerce

07/28/2021 | News release | Distributed by Public on 07/28/2021 12:05

ReVision Energy Recognized as a Top U.S. Solar Installation Company & Best For the World B Corp

Posted July 28, 2021

After becoming a certified B Corp in 2015 and 100% employee-owned in 2017, ReVision Energy is proving that companies can do incredibly well by doing good in the world. This week the company was recognized by Solar Power World magazine as the No. 1 Solar Contractor in Maine and New Hampshire on the 2021 Top Solar Contractors list. It was ranked No. 11 for Residential Solar Contractors nationwide, and No. 10 for Rooftop Solar Contractors nationwide.

The Top Solar Contractors list is developed each year by Solar Power World to honor the work of solar installers in the United States. Solar firms in the utility, commercial and residential markets are ranked by number of kilowatts installed in the previous year. Companies are grouped and listed by specific service, markets and states.

'Not even COVID-19 closures and slowdowns could prevent the solar industry from installing fantastic numbers last year,' said Kelly Pickerel, editor in chief of Solar Power World. 'The Solar Power World team is so glad to recognize over 400 companies on the 2021 Top Solar Contractors list that not only survived a pandemic but thrived in spite of it.'

The U.S. solar industry grew 43% in 2020, installing more solar panels on homes, businesses and across the country than any other year on record. The residential market saw an 11% increase, which is remarkable considering the difficulties of maneuvering home solar projects through pandemic precautions.

The federal government passed a two-year extension on the solar investment tax credit (ITC) at the end of 2020, which will further accelerate solar adoption across all market segments. After installing 19.2 GW in 2020, research firm Wood Mackenzie expects the U.S. solar market to quadruple by 2030.

ReVision Energy employs 300 workers who installed 28.7 megawatts of solar power in 2020. Since its founding in 2003 the company has installed over 100 megawatts of solar. ReVision Energy has 4 times the number of employees, and installs 14 times the amount of solar that it did in 2013, when the company was first recognized on the Top Solar Contractors list.

Last week ReVision Energy was also named a Best for the World™ B Corp in recognition of its exemplary performance beyond commercial metrics. Ranking in the top 5% of all B Corps in its size group worldwide for their sustainable business practices, ReVision Energy earned this honor because of initiatives such as employee-ownership, paid family leave, and flexible scheduling.

The Best for the World recognition is administered by B Lab, the global nonprofit network that certifies and mobilizes Certified B Corporations, which are for-profit companies that meet the highest standards of social and environmental performance, accountability, and transparency. Today there are more than 4,000 Certified B Corporations across 77 countries and 153 industries, unified by one common goal: transforming the global economy to benefit all people, communities, and the planet. B Corps meet the highest standards of verified social and environmental performance, public transparency, and legal accountability to balance profit and

purpose. The B Corp Certification doesn't just evaluate a product or service, it assesses the overall positive impact of the company.

'We are trying to create the business model of the future that is good for people and good for the planet while sharing the success with the employee-owners who are driving the financial results,' said ReVision Energy co-founder Phil Coupe. 'Since becoming a certified B Corp in 2015, we have been pleasantly surprised by our ability to attract retain an excellent workforce of people who want to make a difference while making a good living. To all the 'traditional' business operators out there we would recommend you look into B Corp certification as quickly as possible if you want to strengthen your company, improve financial results and become more economically and environmentally sustainable.'

About ReVision Energy: ReVision Energy is a local, employee-owned solar company on a mission to transition northern New England from fossil fuels to solar energy combined with battery storage, heat pumps, and electric vehicle charging. As a Certified B Corporation, ReVision is part of a global movement using business as a force for good to solve social and environmental issues. ReVision Energy is the region's most experienced solar company and is ranked #1 Rooftop Installer in New England by Solar Power World Magazine. ReVision Energy has also been named 'Business of the Year' by Business NH magazine and a 'Best for the World' company by B Labs. Learn more at revisionenergy.com. 

About Solar Power World

Solar Power World is the leading online and print resource for news and information regarding solar installation, development and technology. Since 2011, SPW has helped U.S. solar contractors - including installers, developers and EPCs in all markets - grow their businesses and do their jobs better. About B Lab: B Lab is the nonprofit network transforming the global economy to benefit all people, communities, and the planet. Our international network of organizations leads economic systems change to support our collective vision of an inclusive, equitable, and regenerative economy. We began in 2006 with the idea that a different kind of economy was not only possible, it was necessary -and that business could lead the way towards a new, stakeholder-driven model. We became known for certifying B Corporations, which are companies that meet the highest standards of social and environmental performance, accountability, and transparency. For more information, visit https://bcorporation.net/.