LEHI, Utah, July 19, 2017 /PRNewswire/ -- Vivint Solar,
Inc., (NYSE: VSLR), a leading full-service residential solar
provider, today announced that it has expanded its affordable
residential solar energy systems into Pittsburgh, Pennsylvania. Vivint Solar
initially expanded into the state through the Philadelphia area in August 2015.
According to the U.S. Energy Information Administration,
renewable energy accounted for 4 percent of Pennsylvania's net electricity generation in
2015. In mid-2016, Pittsburgh also
saw a spike in solar PV customers, indicating great interest in
alternative renewable energy sources.*
"Pittsburgh is an emerging, yet
virtually untapped market for solar energy with strong potential,"
said David Bywater, CEO of Vivint
Solar. "We applaud the efforts and enthusiasm for renewable energy
in the state and look forward to empowering more Pennsylvania residents to make a positive
impact on the environment."
Through Vivint Solar, residents will be able to purchase a
system from Vivint Solar outright or finance the purchase with
monthly payments through one of the institutions Vivint Solar has
relationships with, or through their preferred lender.
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 operates in 20 states (Arizona, California, Colorado, Connecticut, Florida, Hawaii, Maryland, Massachusetts, Nevada, New
Hampshire, New Jersey,
New Mexico, New York, Pennsylvania, Rhode
Island, South Carolina,
Texas, Utah, Vermont
and Virginia).
For more information,
visit www.vivintsolar.com/state/pennsylvania.
* https://www.eia.gov/electricity/data/eia861m/index.html
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 over time. Offering integrated residential solar
solutions for the entire customer lifecycle, Vivint
Solar designs and installs the solar energy systems for its
customers, and offers monitoring and maintenance services. In
addition to being able to purchase a solar energy system outright,
customers may benefit from Vivint Solar's affordable,
flexible financing options, power purchase agreements, or lease
agreements, where available. Through an exclusive
collaboration, Vivint Solar also 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 the
interest in alternative renewable energy sources in Pittsburgh, the opportunity for rooftop solar
in Pittsburgh, the ability of solar energy to positively
impact the environment and the availability of utility-sponsored
rebates and federal tax credits. 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
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SOURCE Vivint Solar