$SING Boston Solar Builds Upon $8.3M YTD Sales, Achieves

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$SING Boston Solar Builds Upon $8.3M YTD Sales, Achieves Record Growth in Solar+ Sales, Nearly Doubling Compared to Q1 '24

https://www.newsfilecorp.com/release/245006

Strong demand building upon the already announced $8.3M in residential and commercial sales driving significant sales surge in early 2025

Nearly Doubled Sales as compared to Q1 2024

Boston, Massachusetts--(Newsfile Corp. - March 18, 2025) - SinglePoint Inc. (OTC Pink: SING) subsidiary, Boston Solar, a leading provider of innovative and sustainable energy solutions for the residential solar and small commercial solar sector, today announced a record-breaking surge in its Solar+ sales. Contracted sales in the first two months of 2025 are nearly double the total for the same period in 2024 building upon the previously announced $8.3M in residential solar and commercial solar sales. This remarkable growth underscores the strong market demand for residential and commercial solar and energy storage.

Since the beginning of 2025, Boston Solar's sales have experienced exceptional growth, fueled by high energy prices in Massachusetts, long-standing commercial development partners, and a robust residential market.

"We've achieved this growth with reduced overhead and a 150% increase in revenue per employee compared to Q1 of 2024. Our commitment to quality and customer service remains unmatched, with thirty percent of our business coming from customer referrals," Mike Morlino, President Boston Solar, added.

Solar Industry Growth Driving Market Demand

The solar industry continues to experience significant growth, driven by both technological advancements and increasing consumer demand for sustainable energy solutions. Solar power adoption has accelerated as more homeowners and businesses recognize the long-term savings and environmental benefits of switching to clean energy. This market shift is propelled by decreasing installation costs, improved efficiency of solar panels, and federal and state incentives that make solar more accessible to a wider audience.

Boston Solar has been at the forefront of this shift in Massachusetts, offering residential and commercial solar solutions that cater to the needs of customers looking for reliable, cost-effective, and environmentally friendly energy alternatives. The company's leadership in the solar space reflects the growing recognition of solar energy as a key solution to meet the state's energy goals and combat climate change.

Rising Energy Costs Driving Consumer Interest in Solar Solutions

The rising cost of energy in Massachusetts has been a key factor driving increased interest in solar solutions. With energy prices hitting record highs, both residential and commercial customers are seeking alternative ways to manage their energy costs. Solar energy offers a viable solution, enabling consumers to generate their own electricity and reduce reliance on expensive, grid-supplied power.

In response to these soaring costs, many homeowners and businesses are turning to solar as an investment that not only helps lower their energy bills but also provides long-term financial benefits. As energy prices continue to climb, the demand for reliable, renewable energy sources like solar power is expected to grow even further.

"Both residential and commercial customers are showing strong market demand," said Mike Morlino, President Boston Solar. "With over ten years of success, Boston Solar has become the leading provider in Massachusetts, successfully closing one out of every three residential customers we present solutions to."
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