July 25, 2024

Installer spotlight: Zeo Energy Corp.

Luke Guy and Tony Hruby standing behind a Nasdaq podium at a corporate event, with the logos ‘SUNERGY by ZEO ENERGY’ and ‘ESGEN’ displayed on a large blue wall in the background.

From the Sunshine State to Wall Street

In 2018, entrepreneurs Luke Guy and Tony Hruby teamed up and acquired Sunergy Renewables, a Florida-based residential solar company.

Sunergy had been serving customers since 2005 and was truly on the frontier of the Florida solar boom. With a lot of hard work and dedication, they’ve since expanded to eight states and added a wide range of distributed energy and energy efficiency solutions to their offerings.

Earlier this year, Sunergy completed a business combination with a special purpose acquisition company (SPAC), ESGEN Acquisition Corp., and joined the Nasdaq stock exchange as Zeo Energy Corp. At the Nasdaq Bell Ringing Ceremony in Times Square, Tim Bridgewater, CEO of Zeo Energy, remarked, “becoming a publicly traded company is an extraordinary milestone for our employees, our shareholders, and the residential solar industry.”

Becoming a public company positions Zeo Energy to better serve customers who want to reduce high energy bills and contribute to a more sustainable future. The proceeds from the SPAC merger will allow the company to accelerate its growth strategy and partner with more industry players. Zeo Energy is focused on expanding into high-growth markets with limited competitive saturation through its differentiated sales approach and vertically integrated offerings.

Zeo

A fervent spirit to do what’s right

Zeo means ‘a fervent spirit to do what’s right’ in Greek. The company chose Zeo as its new name upon going public because it represents the company’s ethos and culture.

Luke, now Chief Installation and Strategy Officer at Zeo Energy, says that the company’s early success can be largely attributed to its mantra of treating customers like members of their own family. Now that Zeo is trading publicly, everyone in that rapidly growing family can enjoy a deeper sense of security in the investments they’re making.

The power of partnership

As Tony sees it, “working with great partners like Enphase has been a big key to our company’s success.”

Zeo Energy, formerly as Sunergy, has been selling Enphase products since 2019. Tony recalls trying out other products at one point in time and ultimately deciding to exclusively sell Enphase microinverters due to the superior quality.

According to Luke, “Enphase’s ability to give customers control so that they can understand what’s happening with their system is invaluable to long-term satisfaction.”

Enphase has one of the most powerful mobile apps ever created for solar, which allows homeowners to see exactly how power is flowing through their house in real time. It also can enable customers to prioritize essential appliances during power outages, sell surplus energy back to the utility, and detect any issues with home energy systems for quick and easy maintenance.

Before using Enphase, Sunergy noticed that customers were experiencing frequent breakdowns with string inverters. Once the company made the switch to Enphase, they realized that microinverters have many advantages over string inverters. Enphase microinverters are safer, more efficient in low-light conditions, work in all climates, and allow homeowners to monitor every panel of their rooftop solar system in real time. Enphase microinverters also make doing business easier, since they take just a few minutes and minimal wiring to install.

A bright future ahead

Luke believes that many solar companies, including Zeo Energy, will evolve to provide a broader array of home services in the future due to customer demand, which makes Enphase an ideal partner. Enphase’s modular microinverter design enables installers like Zeo Energy to easily expand a system as home energy needs grow.

Zeo Energy Corp. completed a remarkable achievement by going public, and Enphase will continue to support the company through its exciting next chapter.

Read more about Zeo Energy here.

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