SolarCity Teams With 20 Oregon Homebuilders to Build Solar-Powered Communities

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Integrated Solar Significantly Decreases Energy Costs for Homebuyers Without Increasing Purchase Price

PORTLAND, Ore., Jan. 23, 2014 (GLOBE NEWSWIRE) — Homebuilders in Oregon are partnering with SolarCity® (Nasdaq:SCTY), America’s No. 1 full-service solar power provider, to provide affordable, clean energy to new home communities. Twenty local homebuilders, from the Portland area to central Oregon, have begun offering solar power to homebuyers through SolarCity, giving hundreds of future homeowners the chance to save on their energy bills from day one without paying a single penny extra for their homes.

“We’re thrilled that Oregon’s homebuilders and their customers are taking advantage of solar’s benefits,” said Walter Cuculic, SolarCity’s national manager of builder programs. “Not only can solar offer energy cost savings for years into the future, but with SolarCity, homebuilders don’t have to endure increased construction costs nor raise their home purchase prices – a win-win for builders and buyers.”

Oregon is on the leading edge of renewable energy production in the United States, and Portland actually uses 20 percent more renewable energy compared to the national average.* Solar power for new homes is an easy way for homebuilders and consumers to take part in the state’s clean energy and sustainability efforts. The builders who have chosen SolarCity to provide clean power in their communities include:

45° Central
Arbor Builders
BC Custom Construction
Cloninger Custom Homes
Elite Development
Fish Construction
JDC Homes
Marnella Homes
Mike Riddle Construction
Michael Wilkins Construction
Oregon Homeworks
Ostercraft Homes
Pahlisch Homes
Quail Homes
Ridgeline Custom Homes
Renaissance Homes
Semon & Cross
Shelburne Development
TA Liesy Homes NW
Winsome Construction

Solar power delivers distinct benefits for homebuilders and homebuyers. While many upgrades and additions to homes such as granite countertops can greatly increase the purchase price of a home, SolarCity’s solar power options can allow homeowners to start saving money on energy costs immediately without increasing their purchase price. SolarCity allows the homebuyer to install solar panels for free, and pay less for solar electricity than they pay for utility bills.

For homebuilders, solar options represent an enticing (and eco-friendly) way to attract potential buyers to their new communities and homes. In fact, about 92 percent of Americans think that the United States should develop and use more solar energy.** SolarCity’s solar power options do not increase construction costs for the homebuilder.

SolarCity provides homebuilders across the country with full-service solar solutions that include customer service, real-time monitoring, insurance and repairs for their homebuyers. SolarCity currently works with more than 80 builders across 9 states. To learn more, please visit www.solarcity.com/homebuilder.

  • According to Business Insider’s Portland Green Infographic.

** According to the Solar Energy Industries Association National Solar Survey.

Source: About SolarCity® (Nasdaq:SCTY)

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