Overview
Tripling revenue and looking to lead the charge
Solar records are being made with more Australians looking to cut household electricity bills by investing in solar. The industry is worth $3 billion and the market is expected to grow by 4% in 2023/24.
The business was established in March 2021 in NSW, servicing the Sydney area. Founded by father Mark Summerville and son Mathew Summerville, RenewCo's vision is to be the go-to name in solar and battery in Australia.
We've tripled our revenue in just our second year of operation with sales of $3M and a 15% net profit margin. We are looking to scale the business right across Australia, starting with an expansion in NSW broadening our foothold in this lucrative market.