Better Know a Deal: SolarCity and its $1 Deal

F.B. Heron Foundation
June 18, 2014

By Li Zhang and Deirdre Hess

SolarCity has made a $400 rooftop solar instal­la­tion nearly as afford­able as sun­light with its $1 Groupon offer. Solar City installs high-​​quality res­i­den­tial and small com­mer­cial solar power sys­tems with lease financ­ing that offloads the often-​​intimidating upfront cost of solar energy, but their recently announced part­ner­ship with Groupon was a first-​​of-​​its-​​kind foray intended to “test the appetite for dis­counted solar installers in 84 U.S. met­ro­pol­i­tan areas.” The SolarCity Groupon deal offers to install a cus­tomized panel for $1, promis­ing the cus­tomer will “only pay for the elec­tric­ity it generates.”

To read the com­plete arti­cle, visit the F.B. Heron Foun­da­tion web­site.