Renu Ranks on the Inc. 5000
Renu Energy Solutions Ranks No. 1,834 on the 2020 Inc 5000!
Inc. magazine revealed that Renu Energy Solutions is No. 1,834 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armor, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It has been a journey getting to where Renu is today! I feel privileged and honored to work with such a dedicated and passionate team that drives our continued successes- I’m thrilled that Renu is recognized on the Inc5000 and has debuted in the top 30% of applicants!” says Renu Energy Solutions President, Jay Radcliffe.
What Does it Mean to Make the List?
Not only have the companies on the 2020 Inc. 5000 been extremely competitive within their markets, but the list as a whole shows staggering growth compared with prior lists as well. The 2020 Inc. 5000 achieved an incredible three-year average growth of over 500 percent, and a median rate of 165 percent. The Inc. 5000’s aggregate revenue was $209 billion in 2019, accounting for over 1 million jobs over the past three years.
“The companies on this year’s Inc. 5000 come from nearly every realm of business,” says Inc. editor-in-chief Scott Omelianuk. “From health and software to media and hospitality, the 2020 list proves that no matter the sector, incredible growth is based on the foundations of tenacity and opportunism.”
The annual Inc. 5000 event honoring the companies on the list will be held virtually from October 23 to 27, 2020. As always, speakers will include some of the greatest innovators and business leaders of our generation.
More about Inc. Media and the Inc 5000 Methodology
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent.
The 2020 Inc. 5000 is ranked according to percentage revenue growth when comparing 2016 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2016. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2016 is $100,000; the minimum for 2019 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc 5000.
Complete results of the Inc 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.’s official website.
Are You Ready to Go Solar?
Renu Energy Solutions is constantly growing and completing new solar projects. If you’d like to be our next solar success story, or even if you’re just thinking of converting to solar energy, contact us today for your free consultation. We’d love to help you through every step of your solar journey!
How to Prepare for Hurricane Season with Solar
Protect Your Solar-Powered Home Against Hurricane Season
Solar panels, just like any outdoor equipment, are exposed to all types of inclement weather, especially in the Carolinas where we usually experience a pretty busy hurricane season. If you are considering going solar but are unsure about weather conditions, you can be assured that solar panels are resilient and reliable.
With solar when there is a power surge or blackout, your solar system will shut down. However, when you pair your system with energy storage (Tesla Powerwall or Generac PWRcell) your panels will continue to function normally and provide you with the power you need.
It is also good to mention that your panels are designed to withstand storms, even during a hurricane season. There is never a reason to prepare your panels for storms or even remove them. Following a storm, be sure to use caution and inspect your panels from the ground. It is helpful if you take photos of your panels just as you would for other investments in case you need to contact your insurance company if you do experience any damage.
How to Prepare for a Blackout with a Solar Energy System
Most home-owners with solar have a “grid-tied” solar system. With a grid-tied system, any excess energy that isn’t used is then sent back to the grid. During a blackout, the grid is shut off which leaves you in the dark. To prevent this from happening and ensuring you and your family can keep the lights on, we recommend pairing your panels with energy storage. Please feel free to check out our blogs on the Tesla Powerwall and the Generac PWRcell.
We at Renu can assure you that going solar with energy storage is the best method in prevailing through storms and blackouts. Take charge of your energy and never be left in the dark again.
Contact us today for your free consultation and prepare for the storms ahead: https://renuenergysolutions.com/free-solar-consultation
About Renu Energy Solutions
As our tagline states, we believe in Smart. Reliable. Solar.
Smart.
Customer education is a central pillar of Renu Energy’s approach. Homeowners and businesses are seeing the clear economic and environmental advantages of clean solar energy. Our experienced consultants are here to help guide you through renewable energy improvements that are both wise for the planet and prudent for your financial future.
Reliable.
Since 2010, Renu Energy Solutions has provided quality renewable energy system installations for commercial and residential systems.
Solar technology works. The sun’s energy is plentiful. The Renu Energy team is ready to demonstrate to you that we can deliver a durable, powerful solar solution guaranteed to meet or exceed energy projections for five years.
Solar.
We envision a future where most buildings incorporate clean energy. Because solar panels have come down in price significantly over several years, it’s within reach of many customers and has become popular across the country.
Whatever your reason for considering solar, let Renu Energy be your committed partner for devising and building your ideal solar solution.
First Purple Heart Home in North Carolina Built with Solar
Renu Energy Solutions installing SunPower® solar on home built for disabled service member, who is thankful for low electric bills
DENVER, N.C., Nov. 20, 2018- Local disabled veteran, Angela Cherico and her family are the first recipients of a nearly complete home built by Purple Heart Homes in Denver, N.C. that will come equipped with a SunPower® solar system. Donated by SunPower and installed by Renu Energy Solutions, the system will provide Cherico with greater energy independence, lower electric bills, and added peace of mind.
“My daughter and I will have two of the most important things: stability and security,” said Cherico, whose service experience included two deployments to Iraq. She continues that while there, exposure to burn-pits may be responsible for her ongoing breathing problems, complicated further by post-traumatic stress disorder (PTSD), and back and neck pain.
Thanks to local solar energy company Renu Energy Solutions (https://renuenergysolutions.com) installing high quality SunPower solar panels on the home, Cherico and her family can enjoy lower electricity bills. By spending less on utility costs, the Chericos will have more freedom in their budget for other important things. Plus, they’re happy to have access to clean, renewable energy.
Reducing monthly energy costs is already a goal for Purple Heart Homes. Energy-efficient appliances and good insulation are standard for the organization. However, this project marks the first Purple Heart Home in North Carolina to go solar. Renu Energy Solutions company President Jay Radcliffe says of the partnership, “We’ve been installing solar since 2010 and have seen many satisfied customers. But being able to give back through Purple Heart Homes to someone who has made tremendous sacrifices is really special.”
Renu Energy Solutions, a Charlotte-based solar installation contractor, installed the SunPower-donated solar energy system at no cost to Angela Cherico, the future homeowner. A solar rebate from Duke Energy helped bring solar to this home. This solar incentive from the utility remains available throughout 2019 and has no income limits to qualify.
This Purple Heart Home now features solar for low electric costs