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SolarCity Expands To Delaware & The Eastern Shore

Stocks in this article: SCTY

SEAFORD, Del., Feb. 4, 2014 (GLOBE NEWSWIRE) -- SolarCity® (Nasdaq:SCTY) is expanding to Delaware and the Eastern Shore of Maryland to make it possible for many area homeowners and businesses to install solar panels for free and pay less for solar electricity than they pay for utility power. SolarCity opened a new, 9,600 square-foot operations center in Seaford, Del., this week.

SolarCity previously offered limited service in the area from operations centers in Maryland and New Jersey. The new location will allow SolarCity to better service Delaware along with the entire Eastern Shore of Maryland.

"SolarCity provides Delaware homeowners and businesses the option to reduce their utility bills, lock in their solar energy costs and do something positive for the environment at the same time," said Leon Keshishian, SolarCity's regional vice president on the east coast. "We can give many Delaware customers the opportunity to save money from day one by using cheaper, cleaner solar electricity."

SolarCity is expanding to Delaware in large part due to the efforts of the state, including its strong support of fair net metering policies and a cost-effective renewable portfolio standard. SolarCity makes it possible for many homeowners to install solar for free, and pay less for solar electricity than they pay for utility power. SolarCity's approach has made it America's leading solar provider—the company is currently providing approximately one in every three U.S. residential solar electricity systems, according to GTM Research's US PV Leaderboard, released earlier this month.

The new operations center in Delaware brings new jobs to the region—SolarCity expects to fill an additional 12 open positions at the location in the next few months. Candidates interested in available employment positions in Delaware can contact SolarCity via its online jobs form at www.solarcity.com/jobs .

Homeowners and businesses interested in any of SolarCity's services can contact the company directly at 1-888-SOL-CITY (1-888-765-2489) or visit SolarCity online at www.solarcity.com/request .

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 on energy costs, future growth and future hiring. 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 SolarCity's quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission and 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: Media Contact
         Sam Boykin
         917-447-2657
         sam@samboykin.net

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