Leading residential installer SolarCity is extending its solar services and 10-year loan programme into Northern Virginia.
Virginia might be a surprising choice for SolarCity as the cost of electricity is on average low compared to other states, as well as the absence of any incentives for solar. As a residential installer who charges fees for the electricity generated by a PV system, Virginia might be thought to offer a smaller profit margin than states with higher retail electricity rates such as California, New York and Hawaii etc.
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But with SolarCity now active in Virginia there is scope for the state’s residential segment to gain momentum and for solar advocates to have access to a strong local ally.
Tesla, which acquired SolarCity in November, is also active in Virginia with two retail stores in the state.
“SolarCity entering the Virginia market is good news for everyone interested in expanding clean energy choices for Virginians,” Dana Sleeper, executive director of the regional trade association told Southeast Energy News.
This latest expansion means SolarCity is now active in 22 states, following recent moves into South Carolina and Florida.
