CHARLESTON, S.C., Oct. 5, 2016 /PRNewswire/ -- SolarCity
Corporation (NASDAQ: SCTY) today announced that it has launched residential solar service in South
Carolina. The nation's number one solar power provider will make it possible for many local homeowners to immediately pay
less for solar each month than they previously paid for utility bills and be eligible for thousands in additional dollars from
applicable tax credits.
SolarCity expects to open a local operations installation center in the Charleston area at
the end of October, and is actively hiring solar installers and salespeople now.
SolarCity's expansion into South Carolina is due in large part to the introduction of a new
solar loan earlier this summer. SolarCity offers residents the option to choose 10-year or 20-year loan options or
purchase their systems outright. All options include design and local installation, monitoring and a performance guarantee. The
loans allow customers to prepay their entire balance or a portion of their loan to lower their monthly payments at any time, with
no fees or penalties. SolarCity will also provide and install a Nest Learning Thermostat at no additional cost for qualifying customers.
Under a new pilot program available exclusively in South Carolina, SolarCity will allow
Charleston area customers to purchase their systems online at a discount. Interested customers
can visit www.solarcity.com/buyonline to see how
much they could expect to save by going solar or they can contact the company by phone at 1-888-SOL-CITY (1-888-765-2489).
Candidates interested in employment opportunities in South Carolina can view available
positions and apply directly at http://www.solarcity.com/careers/.
About SolarCity
SolarCity (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing solar
power 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. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.
Electrical Licenses: EL5-113431
SolarCity is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified
applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national
origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state or local
laws.
This release contains forward-looking statements including, but not limited to, statements regarding future hiring and
company expansion, and customer cost savings. 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 most recent quarterly report on Form 10-Q, 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.
The statements contained herein should not be construed as tax advice. Please consult with your tax advisor regarding your
eligibility for any tax credits or incentives.
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SOURCE SolarCity Corporation