Sunetric’s continued and marked success over eight years in business was profiled in the Business Briefs section of the Saturday, February 18, 2012 edition of the Honolulu Star-Advertiser.

Kailua-based Sunetric, one of Hawaii’s leading renewable energy and solar installation companies, said sales in 2011 rose fivefold to $132 million from a year earlier. Sunetric said it was the company’s strongest year since launching in 2004.

“By focusing on exceptional customer service and the use of the most efficient and affordable photovoltaic modules, we anticipate continued strength in 2012, especially with our expansion to the mainland U.S.,” said Sunetric CEO Alex Tiller.

Sunetric recently became the first and exclusive Hawaii dealer of Suniva, considered one of the most affordable and efficient photovoltaic systems available.

In November, Sunetric opened three new mainland offices in Washington, D.C., Pittsburgh and Denver. Due in part to this expansion, as well as continued growth in Hawaii, the company expects to have 240 full-time employees by the end of 2012, a 71 percent increase from its current 140 employees.

Sunetric installed 505 residential and 42 commercial photovoltaic systems in 2011, which are estimated to generate 45,911 kilowatt-hours daily, totaling $2.3 million in savings per year, bringing its total customer savings for 2011 to $12 million.

Sunetric recently installed its sixth PV system on an auto dealership in the state and second BMW location. The 153-kilowatt solar array at BMW’s 777 Kapiolani Blvd. location will generate more than 21,000 kilowatt hours of energy per month and offset 20 percent of the dealership’s electrical use, saving an estimated 420 barrels of oil annually.

The article may also be read on the Star-Advertiser website.