That star... is it a sun?
Looking beyond the fade in the letters, subtle drop shadow and the green-white transition on the background it's quite a strong logo that would travel well to business cards, 2 colour, greyscale yes, but maybe not quite so clear on black & white, so that aint too bad at all :)
To me your colours are conveying spirit, earth and sun, is this what was intended? What does EnergySmart actually do? I know nothing about your company and will try resist looking at any links to go find out, even though I can see the name SolarDirect :), but I'm guessing it has something to do with energy conservation, being economical with power?
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