LEHI, Utah, July 19, 2017 /PRNewswire/ -- Vivint Solar, Inc., (NYSE: VSLR), a leading full-service residential solar provider, today announced that it has expanded its affordable residential solar energy systems into Pittsburgh, Pennsylvania. Vivint Solar initially expanded into the state through the Philadelphia area in August 2015.
According to the U.S. Energy Information Administration, renewable energy accounted for 4 percent of Pennsylvania's net electricity generation in 2015. In mid-2016, Pittsburgh also saw a spike in solar PV customers, indicating great interest in alternative renewable energy sources.*
"Pittsburgh is an emerging, yet virtually untapped market for solar energy with strong potential," said David Bywater, CEO of Vivint Solar. "We applaud the efforts and enthusiasm for renewable energy in the state and look forward to empowering more Pennsylvania residents to make a positive impact on the environment."
Through Vivint Solar, residents will be able to purchase a system from Vivint Solar outright or finance the purchase with monthly payments through one of the institutions Vivint Solar has relationships with, or through their preferred lender.
As part of each sale, Vivint Solar designs and installs the system, allowing customers to enjoy the benefits of affordable, renewable solar energy. Vivint Solar has deep installation expertise, having completed over 100,000 installations throughout the United States.
Vivint Solar operates in 20 states (Arizona, California, Colorado, Connecticut, Florida, Hawaii, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont and Virginia).
For more information, visit www.vivintsolar.com/state/pennsylvania.
About Vivint Solar
Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings over time. Offering integrated residential solar solutions for the entire customer lifecycle, Vivint Solar designs and installs the solar energy systems for its customers, and offers monitoring and maintenance services. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options, power purchase agreements, or lease agreements, where available. Through an exclusive collaboration, Vivint Solar also offers solar plus storage systems with Mercedes-Benz batteries. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.
Note on Forward-looking Statements
This press release contains forward-looking statements as defined within the meaning of the federal securities laws, including statements regarding the interest in alternative renewable energy sources in Pittsburgh, the opportunity for rooftop solar in Pittsburgh, the ability of solar energy to positively impact the environment and the availability of utility-sponsored rebates and federal tax credits. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. These statements are based on current expectations and assumptions regarding future events and business performance as of the date of this press release, and they 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, including but not limited to the risks set forth in the registration statements and reports that Vivint Solar files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of its website at www.vivintsolar.com. Vivint Solar does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
Helen Langan, Director of Public Relations
Ashlyn Hewlett, Method Communications
SOURCE Vivint Solar