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SolarCity And Groupon Offer First Of Its Kind Deal On Solar Power

Stocks in this article: SCTY

CHICAGO and SAN MATEO, Calif., May 28, 2014 (GLOBE NEWSWIRE) -- In an effort to make sustainability more affordable than ever, Groupon and SolarCity have created the first online offer of its kind for solar power systems.

Groupon logo

Groupon (Nasdaq:GRPN) will work with SolarCity (Nasdaq:SCTY), the nation's largest solar power provider, to offer deals on solar systems in the Groupon marketplace. SolarCity makes it possible for many homeowners to pay less for solar electricity than they pay for utility power. For a limited time, customers can benefit from additional savings with a deal from Groupon by paying $1 for $400 off home solar power.

Groupon has more than 200,000 active deals and more than 51 million active customers globally. The SolarCity offer is Groupon's first national deal in the solar category and is part of their growing collection of home and auto services deals.

After purchasing today's solar deal on Groupon, homeowners will be contacted by SolarCity to schedule a consultation. If the homeowner decides to move forward with solar service, the discount will be applied. Homeowners can install their solar system at no additional cost and pay only for the power. SolarCity currently serves thousands of communities and major metropolitan areas in 15 states.

To purchase the offer and learn more about the terms and conditions of the deal, please visit www.groupon.com/deals/solarcity-1 .

About Groupon

Groupon (Nasdaq:GRPN) is a global leader of local commerce and the place you start when you want to buy just about anything, anytime, anywhere. By leveraging the company's global relationships and scale, Groupon offers consumers a vast marketplace of unbeatable deals all over the world. Shoppers discover the best a city has to offer on the web or on mobile with Groupon Local, enjoy vacations with Groupon Getaways, and find a curated selection of electronics, fashion, home furnishings and more with Groupon Goods.

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