Colorado Companies to Watch spotlight: Clean Energy Collective
Snapshot: Clean Energy Collective delivers clean power-generation through medium-scale solar facilities that are collectively owned by participating utility customers.
Leadership: President Paul Spencer founded the Carbondale company in 2009. Revenues grew 343 percent in 2011 and are projected to grow 177 percent this year.
Work force: The company employed six full-time and three part-time workers in 2011. It expects to grow to 26 full-time and five part-time workers this year.
Pivotal moments: Highlights include the launch of the company’s first community solar garden, the Mid Valley Solar Array in the Roaring Fork Valley, and the launch of an 858 kilowatt Garfield County Airport solar array, which has 3,575 solar panels covering 5 acres.
Technological edge: CEC’s proprietary RemoteMeter software automatically calculates monthly credits and integrates each solar garden with existing utility billing systems, enabling all residential and commercial utility customers to have clean, renewable power automatically credited on their monthly utility bills, without modifying their home or office.
Community: CTI works with local nonprofits such as LIFT-UP and the Aspen Homeless Shelter to raise money or generate in-kind donations. Each employee is an active member in at least one community organization.