Blue Raven Solar, A SunPower Company

Blue Raven Solar was founded on April 18, 2014, in Orem, UT, when three entrepreneurs—Ryan Lee, Jeff Lee, and Tyler Peschke—set out to revolutionize how homeowners access clean energy. The solar installer in Orem began with just three employees and a straightforward mission: make solar simple, affordable, and trustworthy. Jeff Lee closed the company’s first sale in California, and within a year, Blue Raven had expanded to the East Coast with early backing from Peterson Partners, a Salt Lake City investment firm. What started as a small operation has grown into one of the nation’s largest residential solar companies serving Orem homeowners and communities across 22 states. The company reached profitability quickly, earning recognition as one of Utah Valley’s top startups in 2017. By 2020, Blue Raven had served over 15,000 customers, and in 2021, SunPower Corporation acquired the company for $165 million, marking a new chapter with access to advanced solar technology while maintaining Blue Raven’s direct-to-consumer model. The founding team built Blue Raven around a principle that set them apart from day one: homeowners should own their systems outright, not lease them. This meant customers could capture the full value of federal tax credits and long-term energy savings. The company developed BluePower Plus+, an innovative financing plan offering 18 months of free solar power with zero down—making home solar accessible without the drawbacks of traditional power purchase agreements. Blue Raven’s growth has been nothing short of extraordinary. The installer earned a spot in the Inc. 5000 fastest-growing companies multiple years running, achieved a 93% revenue compound annual growth rate through 2021, and was named the 2023 REC Excellence Awards Installer of the Year. In 2022 alone, the company installed over 10,200 solar systems, processed more than 11,000 permits, and earned 3,500 five-star reviews. The team has grown to over 3,200 employees nationwide. As a full-service solar provider, Blue Raven handles every step in-house—from custom system design and engineering to permitting, installation, and grid connection. Most solar panel installations are completed in just one to two days, and the company has consistently earned an A+ rating from the Better Business Bureau. The company’s residential solar installations utilize high-efficiency monocrystalline panels from trusted manufacturers paired with Enphase microinverters, backed by 25-year equipment warranties and a 10-year workmanship guarantee. Blue Raven also gives back through its partnership with GivePower, a nonprofit providing solar-powered water purification to developing communities. A portion of every solar installation supports this mission—by 2023, Blue Raven’s installations had helped provide nearly 65 million glasses of clean water to people in need. The company has also donated over $200,000 worth of solar systems to families. Today, Blue Raven Solar operates as part of the SunPower family, combining decades of solar expertise with the rapid-response, customer-first culture that defined its founding. Whether installing battery storage systems alongside solar panels or helping homeowners navigate federal tax incentives, the company remains focused on reducing energy bills, increasing reliance on renewable energy, and delivering what one founding executive called a “true win-win-win for the customer, the company, and the environment.”