This past year we've seen more solar companies partnering with homebuilders. SolarCity (Nasdaq:SCTY) has been at the forefront of this trend, with partnerships in Texas and other states. SolarCity is providing homebuilders across the country with full-service solar solutions that include customer service, real-time monitoring, insurance, and repairs for their homebuyers. The solar provider currently works with more than 80 builders across 9 states.
Now, SolarCity is partnering with not one, but 20 homebuilders in Oregon to provide affordable, clean energy to new home communities. The local homebuilders, from the Portland area to central Oregon, have begun offering solar power to homebuyers through SolarCity, giving hundreds of future homeowners the chance to save on their energy bills from day 1.
For new home buyers, solar power delivers distinct benefits. While many upgrades and additions to homes such as granite countertops can greatly increase the purchase price of a home, SolarCity's solar power options in Oregon come at no extra cost for the new home. Yet solar can increase a home's value. Plus, it can allow homeowners to start saving money on energy costs immediately.
For homebuilders, solar options represent an enticing (and eco-friendly) way to attract potential buyers to their new communities and homes.
"We're thrilled that Oregon's homebuilders and their customers are taking advantage of solar's benefits," said Walter Cuculic, SolarCity's national manager of builder programs. "Not only can solar offer energy cost savings for years into the future, but with SolarCity, homebuilders don't have to endure increased construction costs nor raise their home purchase prices -- a win-win for builders and buyers."
Oregon is on the leading edge of renewable energy production in the United States; Portland uses 20% more renewable energy than the national average. Solar power for new homes is an easy way for homebuilders and consumers to take part in the state's clean energy and sustainability efforts.