SolarCity

SolarCity is a provider of solar energy system design, financing, installation and related services based in Foster City, California. [ [http://www.time.com/time/specials/2007/article/0,28804,1730759_1730843_1730983,00.html Solarcity] ] SolarCity was founded in July 2006 by brothers Lyndon and Peter Rive, and is the #1 provider of residential solar power in California in 2007 and 2008, according to the database kept by the California Solar Initiative. [http://csi.powerclerk.com/Default.aspx] In March 2008, SolarCity received an Aspen Energy and Environment Award. [ [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=104&STORY=/www/story/03-27-2008/0004781449&EDATE= SolarCity Recipient of Prestigious Aspen Energy and Environment Award] ] In May 2008, SolarCity completed the [http://www.reuters.com/article/pressRelease/idUS143965+08-May-2008+PRN20080508 largest commercial solar installation in San Jose] on the North Campus of eBay. In July 2008, SolarCity completed the largest commercial solar installation in San Francisco, for British Motors, consisting of 1,606 solar photovoltaic panels. [ [http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/07-24-2008/0004855139&EDATE= SolarCity Completes Largest Commercial Solar Installation in San Francisco for British Motors] ] The company now has more than 300 workers and operates in Arizona and Oregon, in addition to California.

SolarCity is perhaps best known for introducing a new solar lease option, called SolarLease, in 2008 that can significantly reduce or eliminate the upfront cost of installing solar power. [http://blogs.reuters.com/environment/2008/04/24/solar-power-for-less-than-your-cable-bill/] . SolarCity's solar lease can allow some homeowners to pay less each month by adopting solar power than they previously paid for electricity from the utility company. [http://www.signonsandiego.com/news/northcounty/20080927-9999-1mc27solar.html] [http://news.cnet.com/8301-11128_3-9994005-54.html]

ee also

*Plug-in hybrid

References

External links

* [http://www.renewableenergyworld.com/rea/news/story?id=51852 SolarCity Supplies 2.7 MW of Energy]
* [http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2007/01/06/HOGVMNCB361.DTL&hw=solarcity&sn=001&sc=1000 Going solar as a neighborhood group can make installation more affordable]
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