WASHINGTON, Nov. 9, 2017 /PRNewswire/ -- CleanChoice Energy, a renewable energy company providing 100% clean electricity to customers across the country, today announced it ranked 113 on Deloitte's Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. CleanChoice Energy grew 1,196 percent during this period and was the second fastest growing "energy tech" company.
"We're incredibly proud that CleanChoice Energy is being honored as one of the fastest growing tech companies in North America. Americans want clean energy, and CleanChoice Energy's technology can provide that clean energy simply, easily and affordably. Our fast growth shows that if you provide people with simple, clean energy options they will make the clean choice," said Tom Matzzie, Founder and CEO of CleanChoice Energy. "This is just the beginning of our growth. In just the last few months, CleanChoice has launched our community solar business line, a new service for small businesses, expanded our New York presence and introduced a 100% solar retail option."
"The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment," said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."
"Emerging growth companies are powering innovation in the broader economy. The growth rates delivered by the companies on this year's North America Technology Fast 500 ranking are a bright spot for the capital markets and a strong indicator that the emerging growth technology sector will continue to deliver a strong return on investment," said Heather Gates, national managing director of Deloitte & Touche LLP's emerging growth company practice. "Deloitte is dedicated to supporting the best and brightest companies of the future in the emerging growth company sector. We are proud to acknowledge the significant accomplishments of this year's Fast 500 winners."
CleanChoice Energy has grown quickly since its customer-facing launch in 2013 to become one of the largest direct-to-consumer renewable retail energy providers in the United States, servicing eight states and the District of Columbia. The more than 1.75 billion kWh provided to CleanChoice Energy customers has avoided more than 1,300,000 metric tons of carbon dioxide emissions.
About Deloitte's 2017 Technology Fast 500™
Deloitte's Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2013 to 2016.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
About CleanChoice Energy
CleanChoice Energy is a renewable energy company empowering residential and commercial customers across the country to make the choice to cut emissions and support clean energy through its 100 percent renewable retail electricity and community solar products. CleanChoice Energy serves customers in Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Washington D.C. CleanChoice Energy is a Certified B Corporation, a member of the American Sustainable Business Council, the U.S. Green Building Council, and is certified with the highest available rating by Green America's Green Business Network, the first and largest network of socially and environmentally responsible business. Recently, CleanChoice was named to the Inc. 500 by Inc. Magazine, as one of the country's fastest growing companies. For more information or to become a customer, visit: www.cleanchoiceenergy.com.
SOURCE CleanChoice Energy