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As United Nations Climate Summit Gets Underway, NRG Home Solar & Airbnb Partner to Make Solar More Affordable

NRG

As world leaders gather in Paris to discuss global sustainability goals, NRG Home Solar, one of the country’s leading residential solar companies, and Airbnb, the world's leading community-driven hospitality company, announced a new partnership to increase the adoption of rooftop solar.

This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20151130005291/en/

Through the collaboration, the companies will provide incentives to existing and new members of the Airbnb community to further increase the savings from going solar, and travel credits to encourage individuals to experience this more environmentally sustainable method of travel.

Studies have shown that home sharing, in comparison to staying in traditional accommodations, significantly reduces energy and water use, greenhouse gas emissions, and waste generation.

“This is the perfect example of two like-minded companies teaming up to make solar more accessible to a sustainability-minded community, creating a social solution to the societal problem of climate change,” said Steve McBee, CEO & President, NRG Home. “It’s a first for our industry and will allow us to help more Americans generate clean, renewable power and in turn, cut their electricity costs.”

“There is a natural connection between home sharing and using your home to generate energy for your community,” said Joe Gebbia, Co-Founder and Chief Product Officer of Airbnb. “This partnership is a win, win, win: it will allow hosts to generate supplemental income, reduce the carbon footprint for homeowners and provide travelers with a lodging option that is even more sustainable.”

This partnership is part of NRG Home Solar’s and Airbnb’s efforts to develop wide-ranging programs that increase the availability of rooftop solar, enabling more people to join the fight against climate change while reducing their utility bills.

Starting December 1, 2015 this program will be available in California and New York, with an intention to expand the offering to other states in the coming months.

Current Airbnb hosts who go solar with NRG Home Solar through this promotion will receive a rebate on their solar lease. The amount of the lease rebate will vary by location. Homeowners who both go solar and become new Airbnb hosts will receive the lease rebate as well as a travel credit from Airbnb to experience the company’s unique home sharing service.

If a current NRG Home Solar customer becomes an Airbnb host, they will also receive a travel credit from Airbnb to use on its platform. To receive an invitation to participate in the promotion, homeowners can visit go.nrghomesolar.com/airbnb

About Airbnb

Founded in August of 2008 and based in San Francisco, California, Airbnb is a trusted community marketplace for people to list, discover, and book unique accommodations around the world – online or from a mobile phone. Whether an apartment for a night, a castle for a week, or a villa for a month, Airbnb connects people to unique travel experiences, at any price point, in more than 34,000 cities and 192 countries. And with world-class customer service and a growing community of users, Airbnb is the easiest way for people to monetize their extra space and showcase it to an audience of millions.

About NRG Home Solar

NRG Home Solar is one of the country’s leading solar companies specializing in the installation of residential solar. NRG Home Solar designs, installs and maintains solar systems that help smart homeowners bring their homes into the future with cleaner, cheaper energy. The company is a division of NRG Energy and has offices throughout the US. NRG Home Solar empowers its customers to control their own energy destiny through clean self-generation. For more information please visit www.nrghomesolar.com or follow us on Twitter @NRGHomeSolar.

Safe Harbor Disclosure

This communication contains forward-looking statements that may state NRG Home Solar’s or its management’s intentions, beliefs, expectations or predictions for the future. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, and typically can be identified by the use of words such as “expect,” “estimate,” “anticipate,” “forecast,” “plan,” “believe” and similar terms. Although NRG Home Solar believes that its expectations are reasonable, it can give no assurance that these expectations will prove to have been correct, and actual results may vary materially. Factors that could cause actual results to differ materially from those contemplated above include, among others, risks and uncertainties related to the residential solar business generally.

Media (NRG)
Erik Linden, 609-524-4519
or
Media (Airbnb)
Casey Aden-Wansbury, 202-256-2467



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