Tuesday, May 13, 2014

Meet Vivint Solar

Five Questions with Kady Cooper, Director of Public Relations, Vivint Solar


4600 Wedgewood Blvd, Suite M
Frederick, MD 21703
415-706-9778
www.vivintsolar.com

Please describe your business.
Vivint Solar is the top residential solar provider in Maryland and the second largest in the nation. Vivint Solar offers consumers an alternative energy choice through a power purchase agreement (PPA), through which a homeowner can buy the power generated by a solar photovoltaic system at a lower rate than they could get from a local utility provider. Homeowners pay only for the power consumed and generated by its rooftop solar panels. Vivint Solar designs, installs, monitors and services the system with no additional out-of-pocket costs to the homeowner. 

Vivint Solar was built on the Vivint home security and automation business model of a regional direct sales force and robust in-house infrastructure of support and services. The result is that we now manage our own lead generation, financing, installation, monitoring and maintenance with very low balance of systems soft costs.

How long have you been in business?
Vivint Solar opened its first Maryland office in Beltsville in January 2003. Vivint Solar has been operating since June 2011.

How many employees do you have?
Vivint Solar currently employs 25 in Maryland and 2,300 nationwide. We employ sales people, site surveyors, permitting staff, installers and electricians.

Why do you believe you will be successful in Frederick County?
With our past success in the state and residential solar more affordable than ever, Vivint Solar plans to grow. Vivint Solar offers consumers an alternative energy choice through a power purchase agreement (PPA), through which a homeowner can buy the power generated by a solar photovoltaic system at a lower rate than they could get from a local utility provider. The current rate in Frederick County ranges between $.07 and one-half and $.10 cents per kWh.

What are you most proud of?
To be able to offer homeowners a renewable choice in their power source at a lower rate than traditional energy.