SolarCity: All-in-One Solar Provider Store Profile

SolarCity: All-in-One Solar Provider Store Profile

Emily Han
Feb 4, 2010

Store History

  • Founded: 2006
  • Headquarters: Foster City, CA
  • Sister stores: Arizona, California, Colorado, Oregon

Full service is the name of the game for SolarCity, a provider of solar power system design, installation, monitoring, and financing services, including leasing. Headquartered in the Bay Area, SolarCity serves residential as well as business and government customers in California, Arizona, Colorado, and Oregon, and plans to expand nationwide.

For homeowners, the high upfront costs and complexities of solar panel installation may be daunting. SolarCity promises to help with every stage of the process, beginning with custom design and financing and moving through permit procurement to installation and ongoing maintenance and energy use monitoring. In addition to its range of solar modules complementing different architectural styles, the company also designs and installs electric vehicle charging systems for the home.

SolarCity has received a fair amount of attention for its direct financing and $0 down SolarLease program. According to the company, the fixed monthly lease payments are typically lower than what customers would pay for electricity. In some areas, the company offers a pay-as-you-go PurePower program in which customers do not pay for the equipment and only owe for the power they produce and use each month.

For more information, visit SolarCity.

(Images: SolarCity)

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