Verengo celebrates 8,000th solar home installations

  • The 4.9kW system was installed on the roof of Sherwin Young's Bakersfield home. Image: Verengo
    The 4.9kW system was installed on the roof of Sherwin Young's Bakersfield home. Image: Verengo

Residential solar specialist Verengo has announced it has installed its 8,000th home solar system.

Verengo claims it is the first residential solar specialist to reach this milestone, which it said it had accomplished in less than five years.

The 4.9kW system was installed this May on the roof of Sherwin Young's Bakersfield home using Verengo's "Zero Down" financing option allowing the system to be installed at no upfront cost.

"We're excited to have reached this industry milestone so quickly," said Verengo CEO and co-founder Randy Bishop. "It is particularly rewarding to be solarising so many homes in the Bakersfield area which for the last few years has ranked near the top American Lung Association's list of the cities with the worst air pollution."

"We are proud of the fact that the Verengo zero down financing has helped rooftop solar become a mainstream home improvement product available to virtually everyone," said Verengo president and co-founder Ken Button.

Last month, Verengo, alongside other leading US rooftop solar companies such as SolarCity formed the Alliance for Solar Choice to ensure the continuation of net energy metering, which have helped to make solar increasingly competitive in some states but which utilities are attempting to curb as the cost of solar declines.

Verengo has grown 700% over the past four years and has added 900 new employees over that period.
 

PV-Tech Storage Promo

Newsletter

Preview Latest
Subscribe
We won't share your details - promise!
Next Generation Solar PV Finance

Publications

  • Photovoltaics International 24th Edition

    Signs earlier in the year of the global industry entering a growth phase have now been confirmed beyond any doubt. Almost all the big-name suppliers have now announced some form of manufacturing capacity expansion, a trend that analysts agree will only gather pace as long as the levels of demand predicted over the next few years turn out to be correct.

  • Manufacturing The Solar Future: The 2014 Production Annual

    Although the past few years have proved extremely testing for PV equipment manufacturers, falling module prices have driven solar end-market demand to previously unseen levels. That demand is now starting to be felt by manufacturers, to the extent that leading companies are starting to talk about serious capacity expansions later this year and into 2015. This means that the next 12 months will be a critical period if companies throughout the supply chain are to take full advantage of the PV industry’s next growth phase.

Partners

Acknowledgements

Solar Media