B•10 Energy Ranks No. 1811 Among America’s Fastest-Growing Private Companies, No. 101 For All Financial Service Companies On The List, And No. 38 For All Utah-based Companies
NEW YORK, August 13, 2024 – Inc. revealed today that B10 Energy ranks No. 1811 on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Microsoft, Meta, Chobani, Under Armour, Timberland, Oracle, Patagonia, and many other household-name brands gained their first national exposure as honorees on the Inc. 5000.
"We are deeply honored to receive this award, which is a testament to our team's relentless pursuit of excellence and innovation,” said Don Steeves, CEO. “This recognition reinforces our commitment to delivering outstanding value to our clients and partners. We remain dedicated to maintaining our high standards and continuing our growth trajectory.”
B•10 Energy celebrates two areas of focus with this award. The first is the incredible economic value the firm can provide to its clients through the transferability of Renewable Energy Tax Credits.
Secondly, the firm is incredibly proud of its focus on corporate social responsibility with clean energy. B•10 Energy and its partners manage over 250 mW of annual clean renewable energy load in 17 states for more than 5,000 commercial customers. Through its efforts to increase investments into renewable energy, the firm has installed over 50mW of clean power, which is enough to power nearly 10,000 homes for a year.
Eric Gordon, VP of Professional Services said, “Renewable Energy Tax Credits are not just a financial incentive; they are a powerful tool for businesses to align profitability with sustainability. By investing in renewable energy projects, companies can significantly reduce their tax liability while contributing to a cleaner, more resilient energy future. RETCs offer a rare opportunity to achieve both economic and environmental goals, making them a cornerstone of modern business strategy. At B•10 Energy, we’ve simplified the entire process, providing a seamless and secure way for businesses to access these credits. Our streamlined approach ensures that companies can maximize their benefits with confidence, knowing they are fully compliant and supported every step of the way.”
The Inc. 5000 class of 2024 represents companies that have driven rapid revenue growth while navigating inflationary pressure, the rising costs of capital, and seemingly intractable hiring challenges. Among this year’s top 500 companies, the average median three-year revenue growth rate is 1,637 percent. In all, this year’s Inc. 5000 companies have added 874,458 jobs to the economy over the past three years.
For complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, location, and other criteria, go to www.inc.com/inc5000. All 5000 companies are featured on Inc.com starting Tuesday, August 13, and the top 500 appear in the new issue of Inc. magazine, available on newsstands beginning Tuesday, August 20.
“One of the greatest joys of my job is going through the Inc. 5000 list,” says Mike Hofman, who recently joined Inc. as editor-in-chief. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller. Congratulations to this year’s honorees, as well, for growing their businesses fast despite the economic disruption we all faced over the past three years, from supply chain woes to inflation to changes in the workforce.”
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CONTACT:
Paul Shin, VP of Marketing
877.RETC.B10
More about Inc. and the Inc. 5000
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Inc.
Inc. Business Media is the leading multimedia brand for entrepreneurs. Through its journalism, Inc. aims to inform, educate, and elevate the profile of our community: the risk-takers, the innovators, and the ultra-driven go-getters who are creating our future. Inc.’s award-winning work achieves a monthly brand footprint of more than 40 million across a variety of channels, including events, print, digital, video, podcasts, newsletters, and social media. Its proprietary Inc. 5000 list, produced every year since its launch as the Inc. 100 in 1982, analyzes company data to rank the fastest-growing privately held businesses in the United States. The recognition that comes with inclusion on this and other prestigious Inc. lists, such as Female Founders and Power Partners, gives the founders of top businesses the opportunity to engage with an exclusive community of their peers, and credibility that helps them drive sales and recruit talent. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, to be held from October 16 to 18 in Palm Desert, California, please visit http://conference.inc.com/.