SolarCity Stories August 17, 2015

Google today used a YouTube video to announce Project Sunroof, a website through which it is automating much of the process of researching and then purchasing solar panels for the home.

The gist of it is that while the cost of solar energy has been falling dramatically over the past few years, thanks in part to subsidies and economies of scale, the actual process of determining whether solar panels are right for you — logistically and economically speaking — is still complicated. Google is (still) a very data-driven company, though, and thinks that it can use data to provide just the right insights and information consumers are in need of, tailored specifically to each individual household. expand full story

SolarCity Stories April 13, 2015

SolarCity has partnered with Nest to offer a free Nest Learning Thermostat to the next 10,000 customers in California to sign up for solar panels.

This special offer combines two home energy solutions that can cut power bills as well as homeowners’ carbon footprint, and allows homeowners to experience these benefits with one easy package through SolarCity. 

The offer includes the company’s no-upfront-cost deals – the only conditions are that you have a Nest-compatible air-conditioning system and that you agree to connect Nest to SolarCity, most likely to allow it to collect anonymized data …  expand full story

Deal: Get Pixelbook at 25% off: $750!

SolarCity Stories February 26, 2015

Google has invested $300M in a SolarCity fund designed to bring solar power to around 25,000 homes. Debt financing brings the total to $750M, making it the largest ever investment in residential solar power, reports Reuters.

While investing in solar power makes sound economic sense for homeowners, as well as being good for the environment, many are deterred by the typical $20-30,000 upfront cost of purchasing the panels. The SolarCity fund instead allows homeowners to lease the panels, paying a monthly fee to do so …  expand full story

SolarCity Stories June 15, 2011

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CNN Money reports that Google and SolarCity, a rooftop solar power company, partnered on a new initiative aimed at making solar energy affordable to the masses. The deal worth $280 million was announced yesterday. It’s the nation’s largest residential solar project to date that will enable SolarCity to lease solar power systems to some nine thousand homeowners in the ten states where it operates and Google will recoup its investments through those leases. The deal comes on top of the 15,000 SolarCity’s solar projects that are either completed or under way.

Customers who wish to have the company’s solar system installed at their home can pay for it outright, but most choose instead to let SolarCity retain ownership of the equipment and rent back the use of it through monthly solar lease payments.

Google is all out on the green front, with investments ranging from wind farms to eco-friendly datacenters.

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