ST. GEORGE, Utah--(BUSINESS WIRE)--Legend Solar today announced its revenue and company milestones for 2015—growing revenue from $3.7 to $18.3 million, a more than 400 percent increase year over year. The St. George, Utah, company expanded to Northern Utah, serving all areas of the Wasatch Front. Legend Solar also achieved Master Dealer status with SunPower. The company is the fastest-growing partner for SunPower, offering optimal ROI, purchase options and installation speed.
Legend Solar attained Master Dealer status because of its excellent performance and high customer satisfaction ratings. This designation has been granted to only 20 other solar companies across the United States, with Legend Solar being the only Master Dealer located in Utah.
“Our growth for 2015 was beyond our expectations, and we expect huge growth in the future,” said Shaun Alldredge, co-founder and co-owner of Legend Solar. “Utahns and many homeowners and businesses in the Rocky Mountain area want to find ways to save money and help the environment, and solar power enables families and businesses to do both. With the tax incentives for solar power installation extended by Congress, we’ll continue to be on the forefront of the solar industry’s growth.”
In December, Congress extended an Incentive Tax Credit to businesses and homeowners that provides a 30 percent tax credit on the costs of solar installation. The credit was set to expire at the end of 2016 but has been extended to the end of 2019, giving individuals an extended opportunity to install solar power in their homes. The growth of the solar industry is expected to continue with the tax credit. In 2015, the U.S. solar industry employed more workers than the oil and gas industry, according to reports from the Department of Labor and the Solar Foundation.
Certified SunPower Master Dealers handle the entire solar energy purchasing process, which can include system design, installation, maintenance, permitting and rebate processing, as well as advice on flexible financing options. When compared to other leading solar companies in Utah, Legend Solar is ranked as one of the highest in customer satisfaction, according to SunPower’s dealer ratings.
Master Dealer status with SunPower gives Legend Solar first priority for equipment and solar panels, which can decrease installation times with Legend Solar to approximately 6-8 weeks. Many other companies may take as long as several months for installation.
Founded in St. George in 2010, Legend Solar has expanded across Utah, becoming a leading solar company in the state. Legend Solar is expanding to the greater Rocky Mountain area, with services expected to extend to Nevada, Arizona, Oregon, Wyoming, Montana and Idaho in the coming years.
“2016 is going to be another tremendous year,” said Shane Perkins, co-founder and co-owner of Legend Solar. “We plan to expand into numerous markets in the Rocky Mountain area, delivering the renowned Legend Solar experience throughout the region.”
For more information about Legend Solar, visit legendsolar.com or contact (877) 413-6412.
About Legend Solar
Since 2010, Legend Solar has set the bar as Utah’s premier and fastest growing provider of solar power for business and homes. Launched in St. George, the company is now providing services throughout Utah, with expansion underway in Nevada and planned in Arizona, Oregon, Wyoming, Montana and Idaho.
Legend Solar is a Master Dealer for SunPower Corp., a major U.S. supplier of high-efficiency solar panels. The company is Utah’s only Master Dealer and is the fastest-growing partner for SunPower, providing optimal ROI and the industry’s highest-rated warranty for residential and business customers.
Legend Solar ensures that customers receive the best value for their installation by customizing the system to meet each family’s needs. The company helps customers take advantage of appropriate tax credits and provides them with aggressive financing options, so homeowners can afford to get into solar power today. With the advantages of being a SunPower Master Dealer, lead time for installation is shorter than industry averages.