Solar City Discussion on Residential Solar Energy

SolarCity is an American company that specializes in solar energy services. Headquartered in San Mateo, California, it is the largest solar energy services provider in the US. Among its primary services, the company designs, manufactures, permits, finances, sells, installs, maintains, and monitors solar energy systems and panels for residential, commercial and government applications. SolarCity sells renewable energy to customers at prices below utility rates, with a focus on reducing the cost of solar energy. The company has over 15,000 employees.

SolarCity was founded in 2006 by brothers Peter and Lyndon Rive, based on a suggestion for a solar company concept by their cousin, Elon Musk, who is the chairman and helped start the company. On August 1, 2016, Tesla Motors announced in a joint statement with SolarCity it would be acquiring the company in an all-stock $2.6 billion merger. More than 85% of unaffiliated shareholders from Tesla and SolarCity voted to approve the acquisition on November 17, 2016.

SolarCity is leading the US solar industry in innovation and overall installed rooftop capacity. As of November 2016, Solarcity has installed over 300,000 customers which represent over 2.5 GW of solar capacity.

Speaker(s): Patrick Rulong, Gail Raspanti

Agenda:

6:00 – Networking and Light Dinner

7:00 – Presentation

8:00 – Q&A and Wrap Up

Location:
Bldg: Old Energy Center Site
4350 Northern Pike
Monroeville, Pennsylvania
15146