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Learn more about Namaste Solar

Namaste Solar Energy is a large company that installs both business and residential scale solar panel units and systems based in Boulder, Colorado. Namaste Energy uses a unique business model, ethics, and execution. Founded in 1995, Namaste Solar is a ten year old company that morphed into an employee owned cooperative in January 2011. Namaste Solar believes and promotes ethical, positive, and conscientious business practices. Namaste CEO Blake Jones shares the same vision as pioneers like Elon Musk, as well as explicitly defining the company’s goals and mission statement on their website as “prioritizing doing the right thing above all else, contributing to social justice and positive social change, and contributing to a healthier environment.” Namaste is not a publicly traded company on the NYSE but does offer two stock options. The Common stock is only available to employees and features benefits to participate in company decisions via a democratic voting and financial transparency policy. There is also a Preferred stock option that is not tied to employment and has a target annual dividend of 6.5% that does not depreciate or appreciate, further reading material detailing stock options and more are available on their website.

Namaste Solar is endorsed by such organizations like the American Solar Energy Society, COSEIA (Colorado Solar Energy Energy Industry Association), as well as being a Sunpower Elite Dealer. As of March 2014, Namaste had 45 employee co-owners.

Namaste Solar was featured in the Denver Business Journal in October 2014 when they partnered with Colorado State University on an initiative to provide power to university and surrounding homes and businesses. This project featured a 100-kilowatt array set to power 14 homes, and is also one of six projects planned on Colorado State Campus that will eventually power 180 homes.

Namaste Solar has installed over 3,000 residential solar power systems for individual customers in the Colorado area and also offers an array of information and guidance regarding Colorado state tax incentives for both residential and business customers to help them maximize the financial benefits available. Namaste Solar also offers services and products for both existing and new home developments. Namaste offers and encourages customers to contact their service department regarding all questions, queries, and problems with a 24-hour turnaround time on most issues as well as routine monitoring of operations to ensure the highest quality service and aims to work proactively to pre-empt scenarios before they become problems.

Updated: 7-29-15

Sources:

  • http://www.bizjournals.com/denver/print-edition/2015/02/27/briefcase-cu-boulder-programs-get-google-grants.html
  • http://www.namastesolar.com/portfolio/residential-services/service-maintenance
  • http://www.namastesolar.com/portfolio/residential-services/how-solar-works/frequently-asked-questions#a_3
  • http://www.bizjournals.com/denver/news/2014/10/23/colorado-state-university-to-install-solar-panels.html
  • http://www.bizjournals.com/denver/print-edition/2015/05/22/is-musk-s-powerwall-the-key-to-solar.html
  • http://coseia.org/namaste-solar-journeyman-apprentice-electricians/
  • http://www.namastesolar.com/about-us/our-mission-and-values
  • http://www.namastesolar.com/about-us/employee-owned-cooperative