LEHI, Utah, Nov. 2, 2017 /PRNewswire/ -- Vivint Solar,
Inc. (NYSE: VSLR), a leading full-service residential solar
provider, today announced it has expanded availability of its
affordable solar energy systems into Delaware. Following this expansion into the
"First State," Vivint Solar now operates in 21 states.
Delaware's renewables
portfolio standard (RPS) targets to achieve 25 percent of its
power from renewables by 2025, with 3.5 percent required from
solar. Delaware residents who wish to install solar energy
systems can interconnect to the grid under traditional net
metering.
"We are pleased to help Delaware residents embrace clean energy and
invest in their state's progressive energy infrastructure," said
Vivint Solar CEO David Bywater.
"Delaware's strong solar policies
empower the people of Delaware to
enjoy greater energy independence and be better stewards of the
environment."
Delaware 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 113,000 installations
throughout the United States.
Vivint Solar has expanded into seven additional states in 2017
and operates in 21 states in total: Arizona, California, Colorado, Connecticut, Delaware, 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/delaware.
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. 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 in the United
States, 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 growth targets for solar and other
renewable energy in Delaware, the
ability of Delaware's resident to
enjoy greater energy independence and be better stewards of the
environment. 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 Contact
Vivint Solar
Ashlyn Hewlett, Method
Communications
801-461-9772
ashlyn@methodcommunications.com
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SOURCE Vivint Solar