SolarCity Launches Residential Service, Expands Hiring in Utah

SALT LAKE CITY, July 12, 2016 /PRNewswire/ -- SolarCity Corp. (Nasdaq: SCTY) today announced that it has launched residential solar service in Utah, and is actively recruiting sales representatives, permitting and installation services roles in the Salt Lake Valley. SolarCity continues to seek applicants for more than 100 corporate support roles at its temporary offices downtown Salt Lake City and Draper. Construction of the new regional corporate headquarters in the Vista Station development in Draper is scheduled to be completed in December, 2016.

SolarCity's solar power systems capture energy from the sun and convert it into electricity to power homes. Utah residents can buy their systems from SolarCity or choose 10-year or 20-year loan options with monthly payments starting as low as $50 per month. All options include design and local installation, monitoring and a performance guarantee. With the loan options, customers can prepay their entire balance or prepay a portion of their loan to lower their monthly payments at any time, with no fees or penalties. SolarCity will also provide and install a Nest Learning Thermostat at no additional cost for qualifying customers.

Utah is one of the fastest growing solar states—ranked 7^th in 2015, up from 31^st in 2013—according to 2015 U.S. Solar Market Insight report by GTM Research/SEIA. SolarCity made a long term commitment to the Beehive State last summer by announcing a regional corporate headquarters in Utah where the company plans to hire thousands over the next decade.

Homeowners 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, visit SolarCity online.

Candidates interested in employment opportunities in Utah can view available positions and apply directly at http://www.solarcity.com/careers?state=Utah.

About SolarCity

SolarCity (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing solar power 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.

Electrical Licenses: 8726950-5501

This release contains forward-looking statements including, but not limited to, statements regarding job opportunities, product offerings and pricing. 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.

Logo - http://photos.prnewswire.com/prnh/20160225/337791LOGO

SOURCE SolarCity Corporation

Related Links

http://www.solarcity.com