SolarCity will be expanding its reach to the U.S. East Coast with it purchase of residential solar installer groSolar. By buying the company’s residential solar installation division, SolarCity will be able to bring its SolarLease program to the Massachusetts, New Jersey, New York and Pennsylvania markets. The solar lease and solar purchase options will become available to homeowners and businesses in the new U.S. regions by early March with energy efficiency services started later this year.
“SolarCity will be able to offer solar to many homeowners and businesses in the Northeast at or below the cost they currently pay for electricity,” said Lyndon Rive, CEO of SolarCity. “We expect thousands of additional homeowners in the Northeastern states to go solar this year, while local incentives are strong.”
In the early stages of the expansion, SolarCity will serve customers in a 100-mile radius of its operation center in Billerica and Raynham, Massachusetts, Broomhall, Pennsylvania, Albany, New York and Jessup, Maryland. SolarCity expects to extend its customer reach within the regions later this year.