Myriad Solar PV has registered a 24 per cent increase in sales by improving quality as well as increasing average order values, sales director Lee Baxter has revealed.
Leading renewable energy firm Myriad Solar PV has overcome reduced Government financial incentives to register a 24 per cent increase in sales.
The impressive increase, spearheaded by Lee Baxter, sales director for the fast-growing company, has also seen revenue up by 31 per cent and lead generation up by 27 per cent for 2013-14.
In the last six months Myriad Solar PV has received orders for nearly 1.1MW of PV and has also taken on two new members of staff to cope with demand.
Baxter said that it proved that, although the government's Feed-In Tariff (FIT) scheme has seen subsidies continue to drop, there is still a great demand for renewable solar power, if you provide the right product and quality of service.
The Myriad Solar PV sales director has overseen a growth in sales to a record high and said the key had been to retain margins whilst maintaining and improving quality as well as increasing average order values.
He said: "Our strategy has been to position Myriad as the "go to" company for solar and I feel we have done that, delivering to major blue chip clients whilst setting challenging internal KPIs which have seen complaints and site issues reduced to a record low and repeat and new business increased to a record high."
Many of the projects the company has completed and will be installing are for the construction supply chain, dealing with main contractors and mechanical and electrical contractors.
Requirements set out for the building industry to meet certain sustainability regulations is a large contributor to the interest in renewable technology and solar PV is one of the easiest ways in which to hit targets.
Myriad Solar PV has been receiving orders across various market segments, with schools, academies and higher education establishments proving to have the highest demand for solar panels.
The company has also been installing PV solutions at housing developments, hospitals and medical centres, training and customer centres, car parks, swimming pools, distribution and storage depots, hotels, business parks and even the motor trade.
Baxter added: "The appointment of two new members of staff to the PV team over the last six months has been vital for the company to deal with the growing number of enquiries, designs, quotes, projects and installations.
"It is fantastic to see that, especially in the construction industry, there is still a compelling argument and need for the use of clean, renewable energy and the reductions to the FITs have had very little impact, if any.
"London is a particularly booming area for us at the moment and we are expecting to see growth in our own local area of Leicestershire and the wider East Midlands in coming months too."
Having strong business relationships with several key players in the construction supply chain, such as Wates, Taylor Wimpey, Lorne Stewart, NG Bailey, Cannock Electrical and Mechanical Services and Dornan Engineering Ltd, as well as being a preferred supplier for multiple companies, including a Category B supplier for Willmott Dixon, Myriad Solar PV is one of the UK's leading designers and installers of turn-key solar solutions.