VALHALLA, N.Y. and SAN JOSE, Calif., July
28, 2015 /PRNewswire/ -- ConEdison Solutions, one of
America's largest energy services companies and a prominent
developer of renewable projects for businesses and government, and
SunPower (Nasdaq: SPWR), a leading global provider of solar
technology and services, have joined forces to offer New York State homeowners the opportunity to
lease high efficiency SunPower® solar power systems. The
companies have launched the program and expect to begin adding
customers in August.
"Increasing numbers of New York
families are choosing solar leases, and we want to make their
decision as easy as possible. We are combining the strength
of our trusted brands to meet the demand for reliable, rooftop
solar solutions," said Michael
Perna, Vice President of ConEdison Solutions. "Through
this residential lease program, homeowners may save on their
electricity from day one after activation, with no upfront costs.
They'll also be helping reduce carbon emissions by increasing
the use of clean, reliable solar power in our communities."
ConEdison Solutions will own the leased systems and collect
monthly lease payments from homeowners for terms up to 20 years.
SunPower will provide a 20-year limited warranty and production
guarantee for each system.
"With high quality SunPower systems, ConEdison Solutions'
customers can depend on a high level of energy assurance compared
to systems using conventional solar technology," said Howard Wenger, SunPower president, business
units. "More than 27,000 U.S. homeowners are leasing SunPower solar
power systems today. We are pleased to team with ConEdison
Solutions to extend the program and make solar accessible to more
New York families."
With outstanding reputations within the New York market, the two firms are poised for
success with New York residential
customers. Their partnership leverages both the financial
savings that solar power can deliver and its contribution to
sustainability and environmental preservation.
ConEdison Solutions, one of the most widely trusted brands in
energy, is partnering with SunPower to offer a first-class customer
experience and the most efficient and reliable solar technology
available today. Together they'll combine SunPower's leading
products with ConEdison Solutions' experience in New York energy markets to deliver a solar
solution that customers will value and benefit from.
ConEdison Solutions has an extensive record of achievement in
renewable energy development with customers around the country,
having delivered customer-sited solar and wind projects from
Massachusetts to California for businesses, schools and
municipalities.
SunPower and ConEdison Solutions worked together at Boston
Scientific Corporation, for example, to develop a 1.28 megawatt,
3,900-panel rooftop solar installation on top of the firm's
international distribution center in Quincy, Massachusetts.
About ConEdison Solutions
ConEdison Solutions is a leading energy services company that
provides competitive electricity and natural gas supply, renewable
energy, sustainability services, cost-effective energy efficiency
solutions, and energy performance contracting. The company
serves commercial, industrial, residential and government
customers, including universities, public school districts, and
hospitals nationwide. Offering innovative products, financial
stability, and a commitment to customer service, the company is
based in Valhalla, New York, with
offices in Burlington,
Massachusetts; Cherry Hill, New
Jersey; Falls Church,
Virginia; Houston, Texas;
Tampa, Florida; Overland Park, Kansas; Nashville, Tennessee; and Bloomington, Minnesota. The firm's
dedicated team of energy professionals delivers a broad range of
energy solutions. ConEdison Solutions offers programs and
services designed to help customers achieve their individual energy
objectives and is accredited as an Energy Services Provider (ESP)
by the National Association of Energy Service Companies
(NAESCO).
ConEdison Solutions is a subsidiary of Consolidated Edison,
Inc. (NYSE: ED). More information can be obtained by calling
1-888-210-8899 or visiting the ConEdison Solutions website at
www.conedsolutions.com. You can also visit the Consolidated
Edison, Inc. website at http://investor.conedison.com for
information on all of the Consolidated Edison companies.
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About SunPower Corporation
SunPower Corp. (NASDAQ: SPWR) designs, manufactures and delivers
the highest efficiency, highest reliability solar panels and
systems available today. Residential, business, government and
utility customers rely on SunPower's 30 years of experience and
guaranteed performance to provide maximum return on investment
throughout the life of the solar system. Headquartered in
San Jose, Calif., SunPower has
offices in North and South
America, Europe,
Australia, Africa and Asia. For more information,
visit www.sunpower.com.
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SOURCE SunPower Corp.