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TheStreet Open House

Del Webb Unveils Solar Powered Homes In Florida With SolarCity

Stocks in this article: SCTY

"SolarCity is proud to partner with Del Webb and to offer Florida homebuyers a choice to live in homes powered by clean, renewable solar electricity," said Walter Cuculic, SolarCity's national manager of Builder Programs. "With solar as a standard option on every new home, Del Webb Orlando and Del Webb Stone Creek homebuyers will enjoy savings from the very first day they move into their new home."

SolarCity custom designs and installs each solar system at Del Webb communities before the homebuyer moves into their new home, and will provide customer service, continuous monitoring and take care of any repairs ever needed for the lifetime of the contract. SolarCity also provides a personalized MySolarCity web portal to each homebuyer giving them direct access to view their electricity consumption and their solar system energy production online.

* Calculations are based on agreement terms of 20 years and based on data from Massachusetts Institute of Technology (MIT), Environmental Protection Agency (EPA) and American Forests. About PulteGroup

PulteGroup, Inc. (NYSE:PHM), based in Bloomfield Hills, Mich., is one of America's largest homebuilding companies with operations in approximately 55 markets throughout the country.  Through its brand portfolio that includes Centex, Pulte Homes, Del Webb and DiVosta Homes, the Company is one of the industry's most versatile homebuilders able to meet the needs of multiple buyer groups and respond to changing consumer demand. PulteGroup conducts extensive research to provide homebuyers with innovative solutions and consumer inspired homes and communities to make lives better.

About Del Webb

Del Webb is a national brand of PulteGroup, Inc. (NYSE:PHM). Del Webb is the pioneer in active adult communities and America's leading builder of new homes targeted to pre-retirement and retiring boomers. Del Webb builds consumer inspired homes and communities for active adults ages 55+ who want to continue to explore, grow and learn, socially, physically and intellectually as they look forward to retirement. For more information on Del Webb, visit www.delwebb.com .

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 Form S-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.

CONTACT: Khyati Shah 
         SolarCity
         650.963.5674
         press@solarcity.com  

         Lyndsey Patterson
         (407) 661-1416  
         lyndsey.patterson@pultegroup.com

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