April 19, 2012 ““ Chester County-based Tangent Energy Solutions was a big winner at the 2012 Pennsylvania Technology Awards Gala ““ topping 17 other nominees, including finalists Red Privet and Phoenix Contact, to win the Growth Company of the Year award.
Tangent has grown tremendously in the past year with revenue rising from just $100,000 in 2010 to $14 million in 2011, to projected revenue of $77 million for 2012.
“Tangent Energy joins a long list of high growth companies based in Pennsylvania using innovation and science to better serve their customers,” said Kelly Lewis, President of TechQuest Pennsylvania. “We’re pleased to recognize Tangent as the Growth Company of the Year.”
Last month Tangent, announced a three-year deal with Colonial School District in Montgomery County to reduce energy costs by more than $166,400 during that period. Tangent also has numerous industrial projects under construction, and in its pipeline.
“We are extremely honored to receive this award from the Central Pennsylvania Technology Council,” said Dean Musser, President and CEO of Tangent. “Our company represents a new energy solutions model for commercial and industrial companies with complex energy systems — one that empowers customers to economically benefit from predicting and managing demand peaks in their facilities and on the energy grid.”
Musser continued to explain that Tangent uses on-site generation assets and a proprietary technology platform to balance a customers supply and demand in a way that lowers costs and generates revenue from energy market participation, without interfering with normal business operations.
Musser recently took his first leap into the world of energy blogging ““ launching “On a Tangent.”
The blogs name refers to Mussers energy philosophy that the customer point-of-view is underrepresented ““ to the point where it seems off-topic ““ in an industry so heavily focused on utility and infrastructure issues. He believes that this needs to change if we want to solve our countrys energy issues.