Leading solar services company now offers zero-down residential electricity to half of the top 10 U.S. solar states
SAN DIEGO, May 8, 2014 /PRNewswire/ — OneRoof Energy, Inc., a complete solar services provider and subsidiary of OneRoof Energy Group, Inc.CA:ON +5.56% , today announced expansion of their residential solar leasing operations to New York state, just one month after entering Massachusetts. Working with its dealer and installer network, OneRoof Energy now allows New York homeowners served by LIPA and Con Edison to go solar with little to nothing down. OneRoof Energy now strategically serves half of the top 10 solar states – Arizona, California, Hawaii, Massachusetts and New York.
Residential solar energy is growing quickly across the Northeast United States. According to the Solar Energy Industries Association (SEIA), the demand for residential solar installations in New York doubled between the third and fourth quarters of 2013, with an increase from 6.1 MW in the third quarter of 2013 to 13.1 MW during the fourth quarter. Additionally, SEIA predicts New York’s residential demand for distributed solar to grow to 75 MW by the end of 2014.
“Thanks to the vision and leadership of Governor Cuomo and his Sun-Initiative, there has never been a better time for New York’s 20 million residents to convert to cleaner and more affordable solar energy,” said David Field, OneRoof Energy president and chief executive officer. “Our leasing program, combined with the New York State Energy Research and Development Authority’s rebate program, makes rooftop solar the most affordable option for many New York homeowners’ energy needs.”
By simplifying the process of going solar and making solar financing more accessible, OneRoof Energy is expanding its mission to bring a breadth of innovative energy services to homeowners throughout the United States regardless of the availability of local solar incentive programs.
“We’re pleased to be partnering with OneRoof Energy as they make their way to New York,” said Peter Fobare, partner at EPC Solar LLC. “The company has a great reputation for how they work with their installers, and their services will make going solar affordable and simple for New York families.”
OneRoof Energy’s signature SolarSelect® leasing programs allow homeowners to go solar with little-to-nothing down, providing renewable electricity directly to homeowners for less than they spend on monthly utility bills. Utilizing OneRoof Energy’s innovative financing models – including secured and unsecured debt financing – homeowners enjoy price protection against electricity rate hikes for up to 25 years.
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