Vivint Solar Brings Affordable Residential Solar Power To Texas Homeowners
Company expands renewable energy option to market with the highest electricity consumption in the U.S.
Vivint Solar, a leading full-service residential solar provider, today announced its expansion into Texas, with services beginning in the Austin area.
The Texas market presents a compelling opportunity for Vivint Solar. According to the U.S. Energy Information Administration(EIA), Texas leads the nation in energy consumption, accounting for more than one-eighth of the U.S. total. The state’s solar capacity has grown by 65 percent over the last year, according to the Solar Energy Industry Association, and the EIA reports that Texas has some of the largest solar power potential in the country.
“Our new market in Texas is evidence of growing demand for residential solar solutions across the country,” said David Bywater, interim CEO of Vivint Solar. “Solar is a financially and environmentally beneficial energy solution that is becoming a mainstream energy source for homeowners, and we’re excited to now offer this affordable energy solution to the residents in Austin and beyond.”
Through Vivint Solar’s financing relationships, residents in Texas will now be able to receive a loan for solar energy systems and finance ownership of the system with little to no money down. Because the customer owns the system, customers can apply the federal investment tax credit to lower the cost of their monthly payment. As part of each sale, Vivint Solar designs, installs and maintains the system, allowing customers to enjoy the benefits of affordable, renewable solar energy.
Vivint Solar now operates in 14 states including: Arizona, California, Connecticut, Florida, Hawaii, Maryland, Nevada, New Jersey, New Mexico, New York, Pennsylvania, South Carolina, Texas and Utah.
pv magazine USA offers daily updates of the latest photovoltaics news. We also offer comprehensive global coverage of the most important solar markets worldwide. Select one or more editions for targeted, up to date information delivered straight to your inbox.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.