PORTLAND, July, 2013
SolarCity (Nasdaq: SCTY), a leading provider of clean energy, today unveiled a solar powered model home with Elite Development Northwest that will be on public display at the annual Street of Dreams home show in West Linn, Oregon. SolarCity designed and installed a 9.6 kilowatt (kW) system to power Elite’s rustic style home with solar electricity.
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The solar system will generate on average 8975 kilowatt hours (kWh) of electricity every year over the system lifetime*
The model home is on display to promote a comfortable and an environmentally conscious lifestyle for Oregonians. Elite Development Northwest designed the model home named Cuvée with energy efficiency at the cornerstone of this innovative new home. In addition to a rooftop solar system, the 5350 square feet home comes with modern energy efficient features, including energy-saving appliances, and home automation controls with smartphone apps.
The environmental impact of the solar system for this 4 bedroom/4.5 bathroom home is reducing more than 327,400 pounds of carbon-dioxide emissions (CO2), which is equivalent to planting more than 14,100 trees over the system lifetime.* The model home is expected to inspire Oregon homeowners to switch to clean energy and benefit by saving on their electricity bills by paying less for renewable, solar electricity.
Homeowners interested in getting a solar system for their current homes can sign up for a free consultation with SolarCity while visiting the Cuvée model home, or contact SolarCity directly at 1-888-SOL-CITY (1-888-765-2489). The Street of Dreams show will run from July 27-August 25, 2013 at Stonehenge area in West Linn, Oregon.
*Calculations based on estimated system lifetime of 30 years and based on data from the U.S. Environmental Protection Agency (EPA)
Elite Development Northwest, LLC
At Elite Development Northwest we believe everyone deserves to have a living space that reflects who they are. Your home should be made with the finest quality materials and craftsmanship, designed with your family’s lifestyle in mind. Embracing the diversity of the people in the Pacific Northwest allows us to build homes that are truly custom and one of a kind. We strive to work with the topography of the land to bring in the stunning beauty of Oregon’s natural landscapes. While working to realize your dream, you can expect from us the highest level of service, from initial concept to the moment where we say, “Welcome Home!”
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 offers solar power, energy efficiency and electric vehicle services, and makes clean energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity currently serves 14 states and signs a new customer every five minutes. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.
This release contains forward-looking statements including, but not limited to, statements regarding expected savings, expected electricity offsets and assumptions relating to the foregoing. 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 our registration statement on FormS-1, which has been filed on June 18, 2013 with the Securities and Exchange Commission, which 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.
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