SolarCity Helps eBay Campus, Employees Switch to Clean Power With Largest Commercial Solar Installation in San Jose

New solar system spans eBay's North campus; SolarCity creates residential

solar program for eBay employees

May 08, 2008, 01:00 ET from SolarCity

    FOSTER CITY, Calif., May 8 /PRNewswire-USNewswire/ -- SolarCity,
 California's leading provider of solar power systems, announced that it has
 completed the largest commercial solar power installation in San Jose on
 eBay's North campus. The 650 kilowatt (kW) installation -- including 3,248
 individual solar panels -- spans 60,000 square feet on multiple buildings.
 The system will be unveiled later today in a ceremony to recognize eBay's
 first building built to the U.S. Green Building Council's LEED gold
 standard. SolarCity also announced a solar power benefits program for eBay
 employees. The SolarCity program can allow eBay employees to switch to
 clean, solar power for less money than it costs to remain on utility-based
 electricity with the SolarLease financing option, and also includes a
 discounted cash-purchase option.
     "I was pleased that SolarCity was the first company to accept my
 challenge to offer San Jose residents a $0-down option for solar power, and
 now I'm delighted that they've teamed with eBay on the city's largest
 commercial solar installation," said San Jose Mayor Chuck Reed. "Efforts
 from companies like SolarCity and eBay are helping San Jose become a leader
 in developing clean technology and adopting clean power, reducing our
 dependence on expensive, polluting energy sources."
     SolarCity estimates that over the next three decades, eBay's solar
 system will offset 37 million pounds of carbon dioxide; the equivalent of
 planting 322 acres of trees. SolarCity also estimates that solar-generated
 power will save eBay approximately $100,000 in electricity costs within its
 first year of operation. As with all SolarCity installations, the eBay
 system includes SolarGuard(TM), SolarCity's advanced solar monitoring
 system that measures and reports critical performance data to guarantee
 effective energy production over the system's lifetime.
     "While many companies talk about environmental responsibility, eBay is
 'walking the walk' with a multi-faceted commitment to clean power and green
 building," said Lyndon Rive, SolarCity's chief executive officer. "Our
 managed solar installation will allow eBay and its employees to measure
 their collective, positive impact on the environment, and we hope eBay's
 employee program can serve as an example for other companies to follow as
 more and more businesses and residents seek affordable, clean power
     About SolarCity
     Headquartered in the heart of Silicon Valley, Calif., SolarCity matches
 advanced solar power technology with a suite of installation services. The
 company's comprehensive offering removes the technical, regulatory and
 financing barriers to solar power, helping customers make smart renewable
 energy choices that can save money. Boasting the industry's most
 experienced team in solar system design and installation, and a proven
 track record of bringing new technologies to market, SolarCity is uniquely
 positioned to make solar power a practical choice for homeowners and
 businesses. SolarCity serves communities throughout California, Oregon and
 Arizona. For additional information, please visit

SOURCE SolarCity