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Verengo Solar Plus
Verengo Solar Plus is an installer of residential solar electric systems in California and New Jersey. The company provides system design, installation, and customer service support. In addition to its headquarters in Torrance, California, Verengo has locations in Orange, California, Hightstown, New Jersey, Fresno, California, and Mesa, Arizona. As of March 2012, the company employs over 600 people. 350 of those employees were hired in 2011. Verengo works in partnership with SunRun to offer solar leases, also known as Power Purchase Agreements.

Some of Verengo’s major competitors include Solar City, Sungevity, and SunPower.

History
Formerly a home improvement company that specialized in windows and sidings, Jemstar changed its name to Verengo Solar Plus in 2008. Residential solar now accounts for 95% of the company’s business.

In 2011, Verengo was named #66 on the Inc. 500 in the Energy category.

Expansion
In January 2011, Verengo received a $9.7 million investment from Angeleno Group, LLC.

Verengo opened its New Jersey operation in June 2011. They have averaged monthly sales of $3 million and have set a sales goal of $20 million. To date, they’ve installed 163 systems in the state, totaling 13,336 kilowatts.

In California, Verengo expanded operations in San Mateo, Santa Clara, Alameda, San Francisco, Contra Costa, Marin, Napa, Solano and Sonoma counties in November 2011.