Over 8,000 KW installed in 2018 moves Encore to #19 U.S. Solar Developer and #111 overall on the annual Solar Power World Top Solar Contractors
Burlington, VT—With renewable energy expected to be the fastest growing source of U.S. electricity generation for at least the next two years, Burlington-based solar developer Encore Renewable Energy has once again been recognized by Solar Power World magazine for its development and installation business, rising to #19 solar developer nationwide and #1 in Vermont.
“We’re proud to contribute to reshaping the country’s energy mix,” said Encore founder and Chief Executive Officer, Chad Farrell.
The Top Solar Contractors list is developed by Solar Power World to recognize the work completed by solar contractors across the United States. Produced annually, the Top Solar Contractors list celebrates the achievements of U.S. solar developers, subcontractors and installers within the utility, commercial and residential markets, and ranks contractors by kilowatts installed in the previous year. Among all types of businesses recognized in the magazine’s 2019 list, Encore ranks #111.
“We are thrilled to be recognized by Solar Power World as one of the top solar development and installation companies in the United States,” said Farrell. “We’re excited to see continued improvements in our ranking over the past several years, despite the headwinds that the industry has faced during that time period. We look forward to building even more world-class solar projects for our customers in 2019.”
“Solar Power World enjoys assembling the Top Solar Contractors list each year, and our 2019 edition features hundreds of companies making big impacts in local energy markets,” said Kelly Pickerel, editor in chief of Solar Power World. “Solar power is becoming competitive with traditional electricity sources in more markets, and cities and states are demanding more renewable energy options. It’s a great time to be a solar installer, and we’re happy to highlight the best installation companies in the country on our list.”
The U.S. solar market is expected to see 14% year-over-year growth in 2019, with over 12 GW of new solar power added to the grid — enough to power 2.28 million average American homes. This increase in installations is attributed to strong residential solar interest and a rush to get projects in before the 30% federal investment tax credit steps down to 26% at the end of 2019.
In 2018, the Encore team installed 8,368 KW of solar power. Since its founding in 2007, the company has installed over 33,000 KW of solar systems.