REC Solar and SunRun Team Up to Offer
Colorado Residents a New and Affordable Way to Go Solar
DENVER, CO, Oct 26, 2009 -- MARKETWIRE
REC Solar, www.recsolar.com, the largest solar installer in the country,
has teamed up with SunRun to bring solar power to Lakewood residents
Peter and Nancy McDonald and their family of five, the first Colorado
residents to purchase a solar electric system through a new low-cost
leasing program.
"We've been thinking about going solar for some time, but we were
hindered by the upfront costs," said Peter. "Even with utility
incentives from Xcel Energy and federal tax credits, the costs were just
too high in this poor economy, so we were really pleased and excited
when this lease alternative became available."
Through the REC Solar and SunRun program, homeowners pay as little as
$1,000 for a one-time system installation fee, and then pay a low,
monthly bill to have solar energy at home. REC Solar provides all
upfront service and installation services, including customized design,
engineering, installation and electrical work. REC Solar was one of
SunRun's original partners, beginning with a joint program in California
in 2008.
SunRun provides complete monitoring, repairs, insurance and a
performance guarantee for all its customers, eliminating any maintenance
or pricing concerns associated with switching to solar. Thousands of
homeowners in California, Arizona and Massachusetts currently use
SunRun's solar service.
"We are thrilled to be partnering with SunRun to help break down the
barriers and provide greater access to solar power for homeowners," said
Cary Hayes, REC Solar Colorado regional manager. "SunRun is providing a
commercial financing model to homeowners that is opening doors for
residents across the state."
The McDonalds are the first to purchase a solar electric system in
Colorado through the SunRun/REC Solar partnership. They will install a
4.3kW system to offset 90 percent of the electricity their family uses.
They were looking into going solar a few months ago and went as far as
having a site evaluation, but didn't have the upfront funds available at
the time.
"Our main interest has been focused on going solar for environmental
reasons, but with electricity costs constantly rising, we also believe
the timing is right in this current environment because of the costs and
the tremendous advances in solar technology in recent years."
The McDonalds' purchase is the first resulting from legislation signed
in April that allows homeowners to go solar through a lease rather than
purchasing a solar electric system, and permits companies to own and
maintain solar panels on homeowner roofs.
About REC Solar
REC Solar is an industry-leading solar power provider specializing in
grid-tied residential and commercial installations. With a local
presence in all major solar markets in the USA and millions of watts
installed, REC Solar is committed to lowering the cost of solar power
through efficient processes, innovative products, and outstanding
customer service. REC Solar is among the nation's largest solar
integrators and currently has over a dozen offices throughout 5 states
(CA, CO, HI, OR and AZ). For additional information on REC Solar visit
www.recsolar.com or call 1-888-OK-SOLAR (888-657-6527).
SOURCE: REC Solar
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