SolarCity Expands to New Hampshire

Now many homeowners in the Granite State can pay less for solar electricity than they pay for utility bills without local incentives


MANCHESTER, N.H., April 28, 2015 (GLOBE NEWSWIRE) -- SolarCity® (NASDAQ: SCTY), America's #1 solar power provider, is making its popular solar service available in New Hampshire for the first time. SolarCity will make it possible for many New Hampshire homeowners to install solar with no upfront cost and pay less for solar electricity than they pay for utility power, even without including local incentives. The company can allow New Hampshire homeowners to go solar for as little as $30 per month, with design, installation, financing, insurance, monitoring and a performance guarantee included.

SolarCity began taking orders from New Hampshire residents this week, and expects to begin installing its first customers in June. The company will accommodate customers on a first-come, first-served basis. SolarCity's service will initially be available to customers of Public Service Co. of New Hampshire (PSNH) and Unitil Energy Systems. New Hampshire is the 17th state where SolarCity offers service and the third in New England, joining Massachusetts and Connecticut.

"I want to take this opportunity to welcome SolarCity to the Granite State," said U.S. Senator Jeanne Shaheen (D – N.H.). "This announcement means that good jobs are coming to New Hampshire in an important and growing industry. SolarCity is a great addition to New Hampshire's diverse and innovative alternative energy sector that is creating jobs and saving consumers money, all while helping the environment."

SolarCity plans to open an operations center in the Manchester area and has begun posting local job openings on its website. Candidates interested in employment opportunities in New Hampshire can review available positions and contact SolarCity directly via its online jobs form at www.solarcity.com/jobs.

Area homeowners interested in SolarCity's services can visit SolarCity online, or contact the company directly at 1-888-SOL-CITY (1-888-765-2489) for a free, no-obligation solar consultation.

About SolarCity

SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity currently serves 17 states. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

Electrical Licenses: NH 0347C/12523M

This release contains forward-looking statements including, but not limited to, statements regarding savings, hiring and expansion. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements 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. You should read the section entitled "Risk Factors" in SolarCity's annual report on Form 10-K, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.


            

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