SolarCity Expands to Houston Area, Launches Popular Solar Service for the First Time

HOUSTON, June 20, 2016 /PRNewswire/ -- SolarCity® (NASDAQ: SCTY), America's #1 solar power provider, is making its popular solar service available to homeowners in Greater Houston for the first time. SolarCity makes it possible for area homeowners to go solar for as little as $40 per month, with design, installation, financing, monitoring and a performance guarantee included. SolarCity will also provide and install a Nest Thermostat at no additional cost for qualifying customers.

SolarCity and local retail electricity provider MP2 Energy give Houston-area customers, whose transmission service provider is CenterPoint Energy, access to full net metering benefits through a unique partnership.  The partnership allows SolarCity customers that use MP2 as their retail electricity provider to receive retail credit against future electricity use for any solar electricity they provide back to the utility grid during the day. 

SolarCity allows customers to purchase a solar power system outright or finance the purchase of a solar system via a customized solar loan, or lease the solar panel system for the benefit of all the solar power it provides. The company has leveraged its installation volume—SolarCity installed more residential solar in 2015 than the next 50 competitors combined—to negotiate extremely favorable terms with financing partners on behalf of its customers. SolarCity also provides battery storage systems to customers that can allow customers to continue to have access to electricity during storm-related power outages.

SolarCity is currently scouting the Houston area for its first installation center, and expects to hire 50-100 local staff in sales, installation and related fields this year. Candidates interested in employment opportunities can contact SolarCity via its online jobs form at www.solarcity.com/jobs. Homeowners in Texas who are interested in SolarCity's services can contact the company directly at 1-888-SOL-CITY (1-888-765-2489) for a free, no-obligation solar consultation or visit SolarCity online.

About SolarCity
SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

SolarCity is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state or local laws. 

This release contains forward-looking statements including, but not limited to, statements regarding product offerings, pricing, future hiring and company expansion. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in SolarCity's quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

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SOURCE SolarCity

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http://www.solarcity.com