LEHI, Utah, Feb. 22, 2017 /PRNewswire/ -- Vivint Solar,
Inc. (NYSE: VSLR), a leading full-service residential solar
provider founded in 2011, today announced it has surpassed more
than 100,000 solar energy systems installed for residential solar
customers. This significant milestone underscores the tremendous,
growing demand for Vivint Solar's clean solar energy systems.
"To reach this landmark achievement in less than six years is a
testament to the outstanding work of our entire team," said
David Bywater, CEO of Vivint Solar.
"We are proud to offer Americans the potential to save money on
their electricity bills and power their homes with clean, renewable
energy, and we look forward to bringing these benefits to more
customers throughout the country."
Vivint Solar has now installed over 634 megawatts of residential
solar energy systems, which is the equivalent of greenhouse gas
emissions reductions from more than 3 million passenger vehicles
driven for one year*. With power purchase agreements (PPAs), lease
and cash purchase options available, as well as loans customers can
access through the company's strategic relationships with financial
institutions, Vivint Solar provides a wide range of products for
customers. Many PPA and lease customers achieve significant
financial savings of 10-30 percent relative to their current
utility rate.
Jenny Gordon, a resident in
Millbury, Massachusetts, first
became acquainted with Vivint Solar from her neighbors and
coworkers. Many of them had been Vivint Solar customers for years,
and they gave the company high marks, which convinced Gordon to
explore adding solar to her home. Gordon signed up with Vivint
Solar in October 2016 and immediately
saw savings.
"I had a great experience with Vivint Solar. I've recommended
them to my family and would encourage anyone to go solar. So
far, I'm saving nearly 20 percent on my utility rate. My coworkers
and I often compare our savings with each other and it has now
turned into a bit of a competition to see who saves more with solar
each month," explained Gordon.
The company serves customers in 15 states (Arizona, California, Connecticut, Florida, Hawaii, Maryland, Massachusetts, New
Hampshire, New Jersey,
New Mexico, New York, Pennsylvania, South
Carolina, Texas and
Utah) and Washington D.C.
For more information, visit www.vivintsolar.com.
*https://www.epa.gov/energy/greenhouse-gas-equivalencies-calculator
About Vivint Solar
Vivint Solar is a leading full-service residential solar
provider in the United States.
With Vivint Solar, customers can power their homes with clean,
renewable energy and typically achieve significant financial
savings. Offering integrated residential solar solutions for the
entire customer lifecycle, Vivint Solar designs, installs, monitors
and services the solar energy systems for its customers. In
addition to being able to purchase a solar energy system outright,
customers may benefit from Vivint Solar's affordable, flexible
financing options or power purchase agreements. For more
information, visit www.vivintsolar.com or follow @VivintSolar on
Twitter.
Note on Forward-Looking Statements
This press release contains forward-looking statements as
defined within the meaning of the federal securities laws,
including statements regarding the growing demand for solar energy
systems. Forward-looking statements are inherently subject to risks
and uncertainties, some of which cannot be predicted or quantified.
Forward-looking statements should not be read as a guarantee of
future performance or results, and they will not necessarily be
accurate indications of the times at, or by, which such performance
or results will be achieved, if at all. These statements are based
on current expectations and assumptions regarding future events and
business performance as of the date of this press release, and they
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, including but not
limited to the risks set forth in the registration statements and
reports that Vivint Solar files with the U.S. Securities and
Exchange Commission, which are available on the Investor Relations
section of our website at www.vivintsolar.com. Vivint Solar
does not undertake any obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future developments or otherwise.
Press Contacts
Vivint Solar Contact
Helen Langan
Director of Public Relations
385-202-6577
pr@vivintsolar.com
Agency Contact
Ashlyn Hewlett
Method Communications
801-461-9722
ashlyn@methodcommunications.com
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SOURCE Vivint Solar