Sunetric

{{Infobox company

| name = Sunetric

| logo = Sunetric-logo.png

| logo_size = 125px

| type = Private

| foundation = 2004

| founder = Sean Mullen and Beth Ann Mullen

| location_city = Kailua, Hawaii

| location_country = U.S.

| area_served = Hawaiian Islands

| key_people = Sean Mullen (Founder), Alex Tiller (CEO)

| industry = Solar Energy

| products = Photovoltaic installations

| owner = Sean Mullen (Founder and majority shareholder)

| num_employees = 80+ (2010)

| homepage = [http://sunetric.com/ sunetric.com]

}}

Sunetric is a Hawaii-based[http://pacific.bizjournals.com/pacific/stories/2009/11/16/focus16.html Pacific Business News: Kailua company adapts quickly as it follows the sun] photovoltaic solar power company that performs consultation, design, and installation of photovoltaic systems for residential, commercial, military, and non-profit[http://www.khon2.com/news/local/story/Be-Green-2-Solar-Company-Helping-Non-Profit-Groups/wjG6S5_BOkGWOinq-Qo3Qw.cspx KHON2: Solar Company Helping Non-Profit Groups] customers. Sunetric operates on all of the Hawaiian islands and in several states in the continental US. The company was founded in 2004 as Suntech Hawaii by Sean Mullen.[http://pacific.bizjournals.com/pacific/stories/2010/06/21/focus29.html "Forty Under 40 Class of 2010: Entrepreneur becomes a pioneer in showing Hawaii how to go solar"], Pacific Business News Alex Tiller is the company's CEO.[http://pacific.bizjournals.com/pacific/stories/2010/02/08/daily5.html Hawaii solar firm names Alex Tiller CEO] The company handles system consulting, design, and installation, and remains responsible for maintenance, monitoring, and repairs.

Sunetric Capital, LLC is a separate entity that provides funding via capital investment for the Sunetric Power Plan, a Power Purchase Agreement[http://pacific.bizjournals.com/pacific/stories/2009/11/16/focus21.html Sunetric helps its customers finance solar projects] designed by Mullen and Tiller whereby the company pays for the up-front costs of commercial projects and acts as owner and maintainer while customers (host) pay for the electricity generated by the renewable energy system. This reduces the initial cost to the business-owner or nonprofit entity.

Sunetric's push for photovoltaic installations is of particular import to the State of Hawaii, which, despite having already reached grid parity,[http://google.com/scholar?q=cache:jCOTJIFBKysJ:scholar.google.com/+hawaii+grid+parity&hl=en&as_sdt=2000 Grid-parity Analysis for EU and US Regions and Market Segments — Dynamics of Grid-parity and Dependence on Solar Irradiance, Local Electricity Prices and PV Progress Ratio] relies on fuel imports for 90% of its energy needs,[http://hawaii.gov/dbedt/info/energy Hawaii Department of Business, Economic Development, and Tourism] making it an ideal candidate for energy independence. Photovoltaic customers in Hawaii qualify for both a 35% state tax rebate and a 30% federal tax rebate on all photovoltaic installations.[Database of State Incentives for Renewables and Efficiency: Hawaii: Incentives/Policies for Renewables & Efficiency http://www.dsireusa.org/incentives/index.cfm?re=1&ee=1&spv=0&st=0&srp=1&state=HI]

According to the Honolulu Department of Planning and Permitting photovoltaic permit records, Sunetric performs, on average, the installation and activation of 40% (the majority market share) of net-metered photovoltaic systems in Hawaii. Since its founding in 2004, the company has performed approximately 3,583 residential solar power installations and approximately 109 commercial installations, totaling over 60 megawatts throughout the islands.

In December 2008, Sunetric completed both the largest roof-mounted photovoltaic installation in Hawaii on top of [http://konacommons.com Kona Commons] shopping mall[http://www.starbulletin.com/business/20090130_Kona_Commons_gets_solar_system.html Star Bulletin: Kona Commons gets solar system] and the second-largest solar farm in Hawaii at Wilcox Memorial Hospital on Kauai. The Wilcox Memorial Hospital installation comprises 2,190 solar panels connected to 3 solar inverters with a rating of 504 kilowatts.[http://www.wilcoxhealth.org/wmh/news/blessing-for-solar-farm.aspx Wilcox Memorial Hospital holds blessing for Solar Photovolatic Farm]

Since 2006, the company has installed more than 2 megawatts of photovoltaic systems for military bases in Hawaii, including Schofield Barracks, Fort Shafter, Hickam AFB, Bellows AFB, and Aliamanu Military Reservation.[http://pacific.bizjournals.com/pacific/stories/2009/11/16/focus21.html Pacific Business News: Sunetric helps its customers finance solar projects] The company is responsible for a photovoltaic system used to power the hydrogen fuel cell plant at Hickam Air Force Base.[https://www.pacaf.af.mil/News/story/id/123150261/ Pacific Air Forces: First solar-powered hydrogen plant in AF complete on Hickam]