28 Jul '15, 1pm

SolarCity Introduces Nation’s Most Affordable #SolarPower Option for Small and Medium Businesses:

San Mateo, Calif.—SolarCity (NASDAQ: SCTY) introduced a new solar energy service today that will make it possible for many small and medium-sized businesses (SMBs) to pay less for solar electricity than they pay for power from their local utility for the first time. SolarCity will initially offer its SMB service to owner-occupied business locations in California, but expects to expand it to the east coast and other territories in early 2016. Based on an analysis of SMBs in California, SolarCity expects to make it possible for many to pay between 5 – 25 percent less for solar electricity than they pay for utility power with no upfront cost, depending on their own utility costs and usage. The service will also include fixed, flat solar payments for 20 years, so if the utility rates increase in the future, customers can save even more. There are more than 28 million small and...

Full article: http://www.solarcity.com/newsroom/press/solarcity-introdu...

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