LEHI, Utah, June 15, 2017 /PRNewswire/ -- Vivint Solar,
Inc., (NYSE: VSLR), a leading full-service residential solar
provider, today announced that its affordable residential solar
energy systems are now available to Vermont residents.
Vermont ranks No. 2 on the
Union of Concerned Scientists' Clean Energy Momentum State Ranking,
and is noted for leading the country in clean energy jobs per
capita and for its carbon reduction target.* Vermont has committed to attain 90 percent of
its energy from renewable energy sources by 2050.** Vermont residents who wish to install solar
energy systems can currently interconnect to the grid under
traditional net metering.
"We applaud Vermont for
providing a consistent regulatory environment to help spur
renewable growth in this tremendous state," said David Bywater, CEO of Vivint Solar. "We look
forward to becoming the residential solar provider of choice for
Vermont residents and helping them
start on the path to energy independence."
Through Vivint Solar, residents in Vermont can purchase a system outright or
finance the system with monthly payments, either through one of the
institutions Vivint Solar has relationships with or their preferred
lender. Customers will also be eligible to apply for any applicable
utility-sponsored rebates and federal tax credits.
As part of each sale, Vivint Solar designs and installs the
system, allowing customers to enjoy the benefits of affordable,
renewable solar energy. Vivint Solar has deep installation
expertise, having completed over 100,000 installations throughout
the United States.
Vivint Solar now operates in 18 states (Arizona, California, Colorado, Connecticut, Florida, Hawaii, Maryland, Massachusetts, New
Hampshire, New Jersey,
New Mexico, New York, Pennsylvania, Rhode
Island, South Carolina,
Texas, Utah and Vermont) and Washington D.C. The company also plans to
relaunch its residential solar energy services in Nevada.
For more information, visit
www.vivintsolar.com/state/vermont.
*http://www.ucsusa.org/sites/default/files/attach/2017/04/Clean-Energy-Momentum-report.pdf
**
http://legislature.vermont.gov/assets/Legislative-Reports/Executive-summary-for-web.pdf
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. Through an exclusive
collaboration, Vivint Solar offers solar plus storage
systems with Mercedes-Benz batteries. 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 Vermont's commitment to attaining energy from
renewable energy sources, Vivint Solar's ability to become the
residential solar provider of choice for Vermont residents, the ability of Vivint
Solar's customers to become energy independent, the availability of
utility-sponsored rebates and federal tax credits, and Vivint
Solar's plans to operate in Nevada. 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 its 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
Helen Langan, Director of Public
Relations
385-202-6577
pr@vivintsolar.com
Agency Contact
Ashlyn Hewlett, Method
Communications
801-461-9772
ashlyn@methodcommunications.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/vivint-solar-brings-rooftop-solar-to-vermont-300474365.html
SOURCE Vivint Solar