This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Real Goods Solar Offers New Solar Service Options For Residential Customers In Key Solar Markets Of California, Colorado, Massachusetts, And New York

Stocks in this article: RSOL

LOUISVILLE, Colo., Feb. 7, 2013 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc. (Nasdaq:RSOL), a nationwide leader of turnkey solar energy solutions, has a new partnership with Sunrun, the nation's leading home solar company, to offer flexible and attractive solar service options to homeowners in the key solar markets of California, Colorado, Massachusetts, and New York.

The partners have established an expanded variety of service options designed to make solar an easier choice for homeowners by eliminating the high upfront cost and the worries of ongoing maintenance. Homeowners looking to reduce their energy costs with solar power can pay as little as zero down, lock in low electricity rates for the next 20 years, and have peace of mind with monitoring, maintenance and repairs fully covered.

Through the Sunrun partnership, Real Goods Solar will design, engineer and manage the installation of residential solar systems, while Sunrun will own, insure, monitor and maintain the equipment.

"The expansion of our solar service offerings through Sunrun strengthens our comprehensive solar solution, making solar a more attractive energy alternative for more homeowners in several key states where we already have a substantial footprint," said Kam Mofid, Real Goods Solar CEO. "This is especially timely for New York, with its expanded NY-Sun Initiative providing financing support and incentives for residential solar installations."

The NY-Sun Initiative is a dynamic public-private partnership that was formed in 2012 to make solar technology more affordable for all New Yorkers, with the state initially committing $800 million in financial support and incentives through 2015. New York Governor Andrew Cuomo recently expanded the initiative, with plans for an additional $150 million per year over the next 10 years and the creation of a $1 billion Green Bank. The initiative seeks to quadruple New York's solar capacity by the end of 2013.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

Jim Cramer's protégé, David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,164.95 -251.90 -1.45%
S&P 500 1,994.99 -26.26 -1.30%
NASDAQ 4,635.24 -48.1670 -1.03%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs