OneRoof Energy: Difference between revisions
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{{Infobox company |
{{Infobox company |
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| name = OneRoof Energy, Inc. |
| name = OneRoof Energy, Inc. |
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| type = Public company |
| type = Public company |
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| traded_as = [[TSX Venture Exchange]]: ON |
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'''OneRoof Energy''' |
'''OneRoof Energy''' was an American [[solar energy]] financing company that provided leasing options for homeowners seeking to have photovoltaic [[solar panel]]s installed. OneRoof energy was a [[public company]] that traded on the [[TSX Venture Exchange]] under the symbol ON between 2011 and 2020. The company began to wind down operations in 2017 as it sold its portfolio to Greenbacker Residential Solar LLC for $8 million in cash.<ref>{{cite web|last1=Wesoff|first1=Eric|title=OneRoof Energy officially on its way out, starts selling solar project assets |date= March 8, 2017 |url=https://www.solarpowerworldonline.com/2017/03/oneroof-energy-officially-way-starts-selling-solar-project-assets/ |publisher=Solar Power World Online}}</ref> |
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At one point, OneRoof Energy had offices in five states, including its headquarters in [[San Diego|San Diego, California]], and offices in [[Phoenix, Arizona]], [[Honolulu|Honolulu, Hawaii]], [[Newton, Massachusetts]], and [[Lake Success, New York]].<ref>{{cite web |last=Wesoff |first=Eric |title=Solar Financier OneRoof Now Public on TSX via Reverse Merger |url=http://www.greentechmedia.com/articles/read/Solar-Financier-OneRoof-Now-Public-on-TSX-via-Reverse-Merger |publisher=Greentech Media}}</ref> |
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==History== |
==History== |
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OneRoof Energy |
OneRoof Energy was a California-based startup that was founded in 2011 and went public in December 2012. In February 2013, OneRoof Energy announced the creation of a $100 million fund backed by [[Morgan Stanley]] to assist in the company's rooftop solar panel financing operation.<ref>{{cite news|last1=Wang|first1=Ucilia|title=Startup OneRoof Energy Secures $100M Fund For Solar Homes|url=https://www.forbes.com/sites/uciliawang/2013/02/28/startup-oneroof-energy-secures-100m-fund-for-solar-home-projects/}}</ref> |
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According to the reports in December 2016, OneRoof Energy announced that it would be winding down its operations.<ref>{{Cite news|url=https://www.sdbj.com/news/2016/dec/19/oneroof-energy-cuts-staff-winds-down-operations/|title=OneRoof Energy Cuts Staff, Winds Down Operations|work=San Diego Business Journal|access-date=2017-11-01}}</ref> |
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==Locations== |
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OneRoof Energy is headquartered in [[San Diego|San Diego, California]], and has offices in [[Phoenix, Arizona]], [[Honolulu|Honolulu, Hawaii]], [[Newton, Massachusetts]], and [[Lake Success, New York]]. |
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==Business Offerings== |
==Business Offerings== |
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===Residential Solar Leasing=== |
===Residential Solar Leasing=== |
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OneRoof Energy |
OneRoof Energy partnered with traditional energy retailers to offer customers a menu of solar energy system leasing options through its SolarSelect program. They had partnered with Frys Electronics. <ref>{{cite web|title=(CNW) OneRoof Energy Group, Inc. Announces First Quarter 2014 Financial Results|url=https://online.wsj.com/article/PR-CO-20140528-912408.html|publisher=Wall Street Journal}}</ref> |
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===SunOpps=== |
===SunOpps=== |
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SunOpps |
SunOpps was an online portal from OneRoof Energy designed to allow users to customize financing options, track installation progress, and monitor performance of their solar system for increased [[Energy efficiency (physics)|energy efficiency]].{{citation need|date=June 2024}} |
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==References== |
==References== |
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[[Category:Companies formerly listed on the TSX Venture Exchange]] |
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[[Category:Solar energy companies of the United States]] |
[[Category:Solar energy companies of the United States]] |
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[[Category: |
[[Category:Solar energy in California]] |
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[[Category:Companies based in San Diego]] |
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[[Category:Energy companies established in 2011]] |
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[[Category:Renewable resource companies established in 2011]] |
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[[Category:2011 establishments in California]] |
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Latest revision as of 13:19, 16 July 2024
| Company type | Public company |
|---|---|
| TSX Venture Exchange: ON | |
| Gegründet | 2011 |
| Hauptsitz | |
Key people | David Field, CEO Dan Halvorson, CFO |
| Website | http://www.oneroofenergy.com/ |
OneRoof Energy was an American solar energy financing company that provided leasing options for homeowners seeking to have photovoltaic solar panels installed. OneRoof energy was a public company that traded on the TSX Venture Exchange under the symbol ON between 2011 and 2020. The company began to wind down operations in 2017 as it sold its portfolio to Greenbacker Residential Solar LLC for $8 million in cash.[1]
At one point, OneRoof Energy had offices in five states, including its headquarters in San Diego, California, and offices in Phoenix, Arizona, Honolulu, Hawaii, Newton, Massachusetts, and Lake Success, New York.[2]
History
[edit]OneRoof Energy was a California-based startup that was founded in 2011 and went public in December 2012. In February 2013, OneRoof Energy announced the creation of a $100 million fund backed by Morgan Stanley to assist in the company's rooftop solar panel financing operation.[3]
According to the reports in December 2016, OneRoof Energy announced that it would be winding down its operations.[4]
Business Offerings
[edit]Residential Solar Leasing
[edit]OneRoof Energy partnered with traditional energy retailers to offer customers a menu of solar energy system leasing options through its SolarSelect program. They had partnered with Frys Electronics. [5]
SunOpps
[edit]SunOpps was an online portal from OneRoof Energy designed to allow users to customize financing options, track installation progress, and monitor performance of their solar system for increased energy efficiency.[citation needed]
References
[edit]- ^ Wesoff, Eric (March 8, 2017). "OneRoof Energy officially on its way out, starts selling solar project assets". Solar Power World Online.
- ^ Wesoff, Eric. "Solar Financier OneRoof Now Public on TSX via Reverse Merger". Greentech Media.
- ^ Wang, Ucilia. "Startup OneRoof Energy Secures $100M Fund For Solar Homes".
- ^ "OneRoof Energy Cuts Staff, Winds Down Operations". San Diego Business Journal. Retrieved 2017-11-01.
- ^ "(CNW) OneRoof Energy Group, Inc. Announces First Quarter 2014 Financial Results". Wall Street Journal.