Lowe’s Bringing Solar Power to More People (with Help of Sungevity)

Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!

Lowe's helping people go solar soon

Solar energy leader Sungevity announced this week that it was partnering with Lowe’s, “the world’s second largest home improvement retailer,” to help bring solar power to the masses. While solar power is pretty easy to get at a good rate these days, having major retailers like Lowe’s help get people on the solar train is clearly a huge win. Here’s a little more info on how Sungevity, “the nation’s fastest growing residential solar company,” and Lowe’s will be partnering up:

Through the agreement, Lowe’s will provide consumers with Sungevity’s quick, easy and proprietary iQuote, a process that utilizes satellite images and aerial photography to calculate a same-day, firm installation estimate, eliminating the need for a home visit.  As part of the interactive, in-store experience, consumers will be able to view a rendering of the proposed installation and get a firm understanding of the cost-savings related to Sungevity’s innovative solar lease program.  Customers typically experience an immediate savings on their electricity bills through Sungevity’s solar lease, which includes monitoring, maintenance, repairs, insurance, and a money-back performance guarantee. Additionally, as part of the agreement, Lowe’s has taken an equity position in Sungevity.

Sounds like a pretty huge deal, eh? Bringing affordable solar options to people in a way they are used to and can easily take advantage of… this is some of the biggest news of the week, in my opinion.

And, of course, Sungevity is happy.

“I am thrilled about the potential of reaching Lowe’s 15 million weekly customers at their more than 1,750 retail locations, with Sungevity’s services,” said Andrew Birch, chief executive officer, Sungevity.  “This partnership marks a major acceleration point in our mission to make solar power easily accessible and affordable to homeowners nationwide.”

When does this partnership start (in the stores, that is)? This Summer. It will only roll out in states where Sungevity operates, which, at the moment, includes:

  • Arizona
  • California
  • Colorado
  • Delaware
  • Maryland
  • Massachusetts
  • New Jersey
  • New York

h/t Climate Progress

Related Stories:

  1. Cleantech’s Revolutionary Growth & Expectations for Coming 10 Years
  2. Solar Power Almost as Cheap as Natural Gas in Six States
  3. Pull-Out Solar Power in a Handy Carrying Case
  4. International Solar PV Nearly Doubled, PV Growth Doubled in 2010
  5. Solar Power Blowing Up in the United States

Photo via Neubie

Have a tip for CleanTechnica? Want to advertise? Want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Latest CleanTechnica.TV Videos

CleanTechnica uses affiliate links. See our policy here.

Zachary Shahan

Zach is tryin' to help society help itself one word at a time. He spends most of his time here on CleanTechnica as its director, chief editor, and CEO. Zach is recognized globally as an electric vehicle, solar energy, and energy storage expert. He has presented about cleantech at conferences in India, the UAE, Ukraine, Poland, Germany, the Netherlands, the USA, Canada, and Curaçao. Zach has long-term investments in Tesla [TSLA], NIO [NIO], Xpeng [XPEV], Ford [F], ChargePoint [CHPT], Amazon [AMZN], Piedmont Lithium [PLL], Lithium Americas [LAC], Albemarle Corporation [ALB], Nouveau Monde Graphite [NMGRF], Talon Metals [TLOFF], Arclight Clean Transition Corp [ACTC], and Starbucks [SBUX]. But he does not offer (explicitly or implicitly) investment advice of any sort.

Zachary Shahan has 7400 posts and counting. See all posts by Zachary Shahan