Vivint Solar Expands New Jersey Presence Into Sayreville, Mount Laurel And Toms River Second Largest U.S. Solar Installer to Open Three More Regional Offices in the Garden State, Hire Over 200 Employees to Offer Homeowners Lower Cost Energy

WOODBRIDGE, N.J., March 27, 2014 /PRNewswire/ -- Vivint Solar, a leading full-service residential solar integrator, today announced its growing presence in New Jersey with its expansion into the Sayreville, Mount Laurel and Toms River areas. Vivint Solar first made its offerings available to Garden State residents in the fall of 2011 and its expansion highlights the growing demand for residential solar solutions. The company plans to hire more than 200 employees in the combined new locations to continue providing its affordable solar solutions to homeowners.

"New Jersey is a special state for us because Vivint Solar made its debut in Pine Brook in 2011 and we have since grown into six other states," said Chance Allred, vice president of sales at Vivint Solar. "We are excited to continue offering even more New Jersey homeowners cost savings with affordable solar energy."

Vivint Solar's new territory expansion coincides with GTM Research and the Solar Energy Industries Association's Solar Market Insight Year in Review 2013, which showed photovoltaic installations continued to grow, increasing 41 percent nationally from 2012. As the second largest residential solar installer in the United States, Vivint Solar's growth in New Jersey, the second largest solar market in the country, is indicative of the growing acceptance of residential solar as a mainstream energy source for homeowners.

"I chose Vivint Solar to save energy and help the environment," said Patricia Richard, a Vivint Solar customer in Nutley, New Jersey. "In just a few short months I've seen my energy bills go from an average of $116 a month to $58 a month. I couldn't be happier."

Key facts about Vivint Solar's New Jersey presence:

  • Deploys a unique sales model for the solar industry of a face-to-face, consultative sales team and a highly automated, efficient design and installation process.
  • Currently employs 1,962 full-time employees in New Jersey, adding an additional 200 in the Sayreville, Mount Laurel and Toms River areas.
  • The company's sales teams, site surveyors, permitting staff, CAD designers, installers and electricians are all in-house and many are hired from local communities and trade schools.
  • Vivint Solar first made its offerings available to New Jersey residents in the fall of 2011. The Garden State is the second largest solar market in the United States, according to SEIA.

Founded in 2011, Vivint Solar is the second largest U.S. residential solar installer, according to the U.S. PV Leaderboard published by GTM Research. Through a power purchase agreement (PPA), a homeowner can buy the power generated by a solar photovoltaic system at a lower rate than they could get from a local utility provider. Vivint Solar designs, installs, monitors and services the system with no additional out-of-pocket costs to the homeowner.

Vivint Solar currently operates in California, Hawaii, Maryland, Massachusetts, New Jersey, New York and Washington, D.C.

For Vivint Solar photos and video of its installation process, please visit http://www.vivintsolar.com/en/state/new-jersey.

About Vivint Solar

Vivint Solar is a leading provider of simple, affordable solar solutions. As an early adopter of the power purchase agreement (PPA) model, Vivint Solar designs, installs, and maintains cost-effective solar energy systems. The company provides award-winning service and support while saving customers money and protecting the environment. For more information, visit www.vivintsolar.com or follow @VivintSolar.

Contact:

Vivint Solar
Kady Cooper
Director of Public Relations
415-706-9778
kady.cooper@vivintsolar.com

Photo - http://photos.prnewswire.com/prnh/20140327/LA91601
Logo - http://photos.prnewswire.com/prnh/20130806/LA59260LOGO

SOURCE Vivint Solar



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