I’ve been thinking about switching my house to solar power for at least 5 years. I’ve been looking at several companies across the U.S. vying for this emerging market, but there is one company in particular that really excites me named SolarCity.
SolarCity is the nation’s largest provider of rooftop solar systems. In the one year since it went public in December 2012, the stock price has grown to more than 5 times its IPO price. Needless to say there’s a lot of momentum and excitement behind SolarCity.
The way SolarCity works is that it allows homeowners to get rooftop solar systems for little or no upfront cost, then it sells the power to them on a monthly basis promising that their overall utility bill will be noticeably less than it was. This payment model is perfect for homeowners who want to use a renewable energy like solar power, but don’t want to pay the upfront cost.
I really like the idea of being able to switch my house over to solar power without having to shell out tons of cash up front. Today I went to the SolarCity website to check to see if they were operating in my zip code. As it turns out, they’re not in Atlanta, yet. For now, I just scheduled a solar consultation with them to ask a few questions.
You can check if SolarCity is available in your city here.