Glen Burnie, Md., – Brookfield Residential has teamed up with SolarCity (Nasdaq: SCTY) to offer 119 solar townhomes in their new Oakview Village community. The three-level townhomes will produce their own clean energy to help homeowners pay less for solar electricity than they pay for utility bills. Townhome owners will benefit from steady solar power electricity rates for the next twenty years to protect them from fluctuating utility power costs, and SolarCity will provide insurance, monitoring service and repair service on the solar systems.
Clean, more affordable energy is just one part of the homebuilder’s Brookfield Blue® Program. Brookfield Blue homes include a variety of energy efficient features and allow for customers to choose from a menu of green options to further enhance their new home. Priced from the $200,000's, these garage townhomes are available with special financing, low monthly payments and little money down.
“In addition to providing comfortable, low-maintenance and energy-efficient homes, we now offer homes that produce their own clean energy and ensure steady electricity rates for years,” said Gregg Hughes, Vice President of Sales and Marketing for Brookfield Residential Washington DC Metro Division. "We are dedicated to providing the best possible experience for our homeowners, so adding affordable and reliable solar power at our Oakview Village community was a no-brainer.”
The community is located in Anne Arundel County, which provides up to a $2,500 tax credit to homeowners who install solar – an added benefit and cost savings for potential Oakview Village homeowners. Oakview Village offers great access to Baltimore and Washington D.C., and is close to great dining and shopping options.
Interested homeowners can visit the Oakview Village Sales center, open daily and located in Gambrills, for information and to learn more about this solar community. View floorplans, photos and check out other Brookfield Residential neighborhoods online at brookfielddc.com.
Previously, SolarCity has worked with Brookfield Residential Hawaii and currently partners with more than 100 homebuilders across the country. To learn more, please visit www.solarcity.com/homebuilder.
About Brookfield Residential
Brookfield Residential is a leading North American land developer and homebuilder with operations in eleven major markets. Our awe-inspiring master-planned communities feature strategic land plans and innovative architecture that truly creates the best places to call home. We understand how families live today. It's why we build our communities near great schools and amenities and also why our homes feature innovative, stylish, and current designs. It's also why we offer homes with superior efficiency, lowering bills, helping to make a healthier environment for everybody.
This release contains forward-looking statements including, but not limited to, statements regarding expected savings on energy costs. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements 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. You should read the section entitled "Risk Factors" in SolarCity's quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.
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