SolarCity Honored at Rio+20 as a Top Sustainable Solution for Making Solar Affordable for the Masses

RIO DE JANEIRO–(BUSINESS WIRE)–SolarCity, a national leader in clean energy products and services, was honored this week at Rio+20, United Nations Conference on Sustainable Development, by Sustainia for pioneering innovations that made solar power affordable and accessible to everyday homeowners and businesses. SolarCity is featured in the first edition of the Sustainia100 guide that describes the economic, social, and environmental benefits of various sustainable concepts from 56 countries across six continents.

“SolarCity has always focused on the customer experience and it has been our driving motivation to find a way for homeowners to pay less for solar electricity than they pay for utility power.”

Mr. Arnold Schwarzenegger, honorary chair of Sustainia and former governor of California, said, “I am very excited and inspired by this as it makes it absolutely clear that our mission is possible. That we do have the ammunition we need to tackle this challenge. That we have what it takes to create fun and attractive societies without destroying our planet.”

Sustainia was developed by world-leading companies, organizations and experts in close collaboration with UN Global Compact and Mr. Arnold Schwarzenegger’s initiative Regions20. The Sustainia initiative was launched earlier this year to create a vision for a sustainable future building on ready and available solutions. Individually, the solutions represent sustainable innovation in different areas. Collectively, they provide the building blocks available now for transforming societies.

“We are excited to be named as a Sustainia100 solution and we share Sustainia’s vision that sustainable solutions don’t have to be expensive,” said SolarCity CEO Lyndon Rive. “SolarCity has always focused on the customer experience and it has been our driving motivation to find a way for homeowners to pay less for solar electricity than they pay for utility power.”

SolarCity revolutionized the clean energy industry by selling solar electricity at a discount to utility power. SolarCity is the only company that offers a full-service model by taking care of financing, custom design and installation, monitoring and required maintenance. By making solar accessible, SolarCity has created jobs across the U.S. and increased awareness about solar energy.

About SolarCity

SolarCity®—a national leader in clean energy products and services—provides homeowners, business and government organizations cleaner, more affordable alternatives to their utility bills. The company makes it simple for customers to lock in lower, long-term rates for clean energy by providing everything from permitting and installation to ongoing monitoring and maintenance. Additional information about the company is available on the Web at www.solarcity.com.

Contacts

SolarCity
Khyati Shah, 650-963-5674
kshah@solarcity.com

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