Renewable Energy Goes Retail: SolarCity comes to Best Buy

Source: SolarCity, Best Buy

SolarCity is now offering its solar power services at approximately 60 Best Buy stores in Arizona, California, Hawaii, New York and Oregon. (Image Courtesy SolarCity®: Workers install SolarCity residential rooftop solar power system)

Residential solar power provider SolarCity® (NASDAQ: SCTY) has announced a new partnership with electronics retailer Best Buy. The collaboration will make SolarCity’s services available to consumers at approximately 60 Best Buy stores in Arizona, California, Hawaii, New York and Oregon.

The deal comes on the heels of a record breaking year for solar energy. According to the Solar Industries Association, solar power was the second largest source of new U.S. electric capacity added to the grid in 2013, just behind natural gas.

SolarCity said the joint effort will help demonstrate the viability of residential solar power and increase the accessibility of the renewable energy resource.

“A survey of American homeowners in January found that while 62 percent of American homeowners are interested in solar power systems for their own homes, less than half realize that solar is much more affordable today than it was three years ago,” SolarCity said in a blog post on its website. “Solar power is more affordable than it’s ever been, but too few people realize it’s a viable option for them.”

With the new offering consumers are able meet with a SolarCity representative at select Best Buy stores to begin the process with a satellite-based assessment of their home’s solar power potential. As an all-in-one service provider, SolarCity will then work with customers through the full consultation process and provide engineering, financing, permits, installation and ongoing monitoring.

More information on the offer, including terms and a complete list of participating stores, is available here: Best Buy Spring Green Promotion

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