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Molly Canales
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Local homeowners can go solar for as little as $50 per month and own their solar panel systems
Sep 08, 2016

AUSTIN,SolarCity (NASDAQ: SCTY), America’s #1 solar power provider, is expanding its service and operations in Texas by making its popular solar service available to homeowners in Austin for the first time. Customers in Austin can now go solar for as little as $50 per month, with design, installation, financing, and monitoring included. SolarCity is actively searching for locations for a new operations center—its fifth in the state.

The expansion is due in part to SolarCity’s solar loan program, launched earlier this summer. SolarCity’s loan can allow many customers to immediately pay less for their electricity generated by solar energy systems each month than they previously paid for their electricity bills, and be eligible for thousands in additional dollars from tax credits and other incentives. The company has leveraged its installation volume—SolarCity installed more residential solar in 2015 than the next 50 competitors combined—to negotiate extremely favorable terms on behalf of its customers.

SolarCity provides service to customers of Austin Energy, and also serves customers in the greater Austin area that are not customers of Austin Energy through a partnership with local retail electricity provider MP2. The unique partnership with MP2 allows SolarCity customers that use MP2 as their retail electricity provider to receive retail credit against future electricity use for any solar electricity they provide back to the utility grid during the day.

SolarCity expects to hire for positions in sales, installation and related fields. Candidates interested in employment opportunities can contact SolarCity via its online jobs form at www.solarcity.com/jobs.

Homeowners in Texas who are interested in SolarCity's services can visit SolarCity online or contact the company directly at 1-888-SOL-CITY (1-888-765-2489) for a free, no-obligation solar consultation.

About SolarCity
SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company makes solar energy easy by taking care of everything from design and permitting to monitoring and maintenance. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

SolarCity is an Equal Opportunity / Affirmative Action employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, protected veteran status, gender identity or any other factor protected by applicable federal, state or local laws.

This release contains forward-looking statements including, but not limited to, statements regarding future hiring and company expansion, and customer cost savings. 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 most recent 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.

The statements contained herein should not be construed as tax advice. Please consult with your tax advisor regarding your eligibility for any tax credits or incentives.