RGS Energy and GRID Alternatives to Install 10 Solar Electric Systems for Low-Income Families Nationwide
April 04 2014 - 10:30AM
RGS Energy (Nasdaq:RGSE), a nationwide leader of turnkey solar
energy solutions for residential, commercial, and utility
customers, and GRID Alternatives, the nation's largest non-profit
solar installer, have launched a new partnership to help bring
solar power to low-income communities across the country.
RGS Energy employees will volunteer throughout 2014 to install
solar for 10 low-income families in California, Colorado, New
Jersey and New York, while providing philanthropic support to help
GRID Alternatives continue to expand. Each solar project will take
one to two days to be installed.
The planned deployments represent RGS Energy's continued support
of GRID Alternatives' mission to provide solar power systems to
low-income families, and follows RGS Energy's participation in two
successful GRID Alternatives Solarthon events in 2013. RGS Energy's
nationwide partnership with GRID Alternatives provides its
employees an opportunity to give back to their communities in a
meaningful way through volunteering their installation
services.
"Thanks to the generous contribution of RGS Energy's regional
teams and our other partners, we're able to bring to these
low-income families the financial and environmental benefits of
solar power," said Erica Mackie, co-founder and CEO of GRID
Alternatives.
GRID Alternatives will be providing the solar system equipment
as donated by equipment manufactures and other partners, with the
systems expected to save the 10 families 70% on their energy bills
or as much as $190,000 collectively over the next 30 years. The new
systems will also provide environmental benefits by substantially
reducing the families' 'carbon footprint.'
"We have been a strong supporter of GRID Alternatives since
2010," said Bryan Conklin, the vice president of marketing at RGS
Energy. "Our partnership with GRID Alternatives is a terrific way
for us to give back to the communities that have helped RGS Energy
grow to become one of the nation's leading solar energy providers
over the last 36 years. These new projects further our philosophy
and mission that everyone in the nation should be beneficiaries of
solar power, no matter their economic means."
About GRID Alternatives GRID Alternatives is a
non-profit organization that brings the benefits of solar
technology to low-income communities. Using a barn-raising model,
GRID Alternatives leads teams of volunteers and job trainees to
install solar power on qualifying homes, providing needed savings
for families struggling to make ends meet while preparing workers
for jobs in the fast-growing solar industry and cleaning our air.
More than 4,000 families have benefited from the program to date,
saving $110 million in lifetime electricity costs, and more than
15,000 people have received solar training. GRID Alternatives has
offices throughout California, in Denver, CO, and in New York,
serving the tri-state region. For more information, visit
www.gridalternatives.org.
About RGS Energy RGS Energy (Nasdaq:RGSE) is
one of the nation's pioneering solar energy companies serving
commercial, residential, and utility customers. Beginning with one
of the very first photovoltaic panels sold to the public in the
U.S. in 1978, the company has installed more than 19,000 solar
power systems representing well over 170 megawatts of 100% clean
renewable energy. RGS Energy makes it very convenient for customers
to save on their energy bill by providing a comprehensive solar
solution, from design, financing, permitting and installation to
ongoing monitoring, maintenance and support.
As one of the nation's largest and most experienced solar power
players, the company has 17 offices across the West and the
Northeast. For more information, visit RGSEnergy.com, on Facebook
at www.facebook.com/rgsenergy and on Twitter at
www.twitter.com/rgsenergy. RGS Energy is a trade name and RGS
Energy makes filings with the Securities and Exchange Commission
under its official name "Real Goods Solar, Inc."
Cautionary Statement Regarding Forward-Looking
Statements This communication includes forward-looking
statements relating to matters that are not historical facts.
Forward-looking statements may be identified by the use of words
such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While RGS
Energy believes its assumptions and expectations underlying
forward-looking statements are reasonable, there can be no
assurance that actual results will not be materially different.
Risks and uncertainties that could cause materially different
results include, among others, introduction of new products and
services, completion and integration of acquisitions, possibility
of negative economic conditions and other risks and uncertainties
included in RGS Energy's filings with the Securities and Exchange
Commission. RGS Energy assumes no duty to update any
forward-looking statements.
CONTACT: Media and Investor Relations Contact:
Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RGSE@liolios.com