Over the years, the solar industry has become increasingly competitive, especially in Hawaii. We have seen many of our competitors close their doors because of this, leaving their customers with many questions on who to go to for their solar as they no longer have anyone to call. We refer to the many obstacles solar companies face as the “solar coaster”.
There are several factors that have contributed to the volatility of the solar industry. The main ones being policy changes, equipment changes, and tax incentive changes that make planning for and running a business even harder, especially with the influx of companies looking to cash in on solar when it was in a boom. This is why supporting your local solar company is so vital.
For reference, in 2015 there were over 300 companies submitting for solar permits. Just 12 months later, that number fell to below 90, resulting in a 60% drop in solar companies. Today, there are roughly 2 dozen solar companies actively offering solar, which is a mix of locally owned and mainland companies. When you look at 2019 permits, the top 7 companies made up over 60% of all solar permits pulled for the year. Out of that top seven, three are locally owned/operated, and four are mainland companies. RevoluSun is proud to stay at the top of this list, with the most number of permits for 2021.
The RevoluSun Team has worked hard to stay ahead of the competition, which has contributed to our success over the years. We believe this is a result of several elements that sets us apart from our competitors. Firstly, we have diversified ourselves as a solar, HVAC and Solar Hot Water Company. A lot of homeowners don’t know that while we are Hawaii’s choice for solar, we are also Hawaii’s choice for air conditioning. We have built financial stability in each division which has allowed us to make smart investment decisions, bracing us from the fluctuations in the solar industry. We also continue invest in our people, test and select the top quality products on the market and our customer service team is THE BEST! We are so grateful to everyone who has joined the RevoluSun and who has supported us during the fluctuations of the solar industry! As 2022 is winding down and we move toward 2023, the future’s looking bright with so many new and exciting things on the horizon.
Contact us today to get solar started for your home 808.748.8888 | revolusun.com
