VIVINT SOLAR EXPANDS MASSACHUSETTS PRESENCE INTO TAUNTON, MARLBOROUGH AND HOLYOKE

Second Largest U.S. Residential Solar Installer to Open Three More Regional Offices in the Bay State, Hire Up to 240 Employees to Offer Homeowners Lower Cost Energy

TAUNTON, Mass., March 20, 2014 -- Vivint Solar, a leading full-service residential solar provider, today announced its growing presence in Massachusetts with its expansion into the Taunton, Marlborough and Holyoke areas. Vivint Solar has installed more residential PV systems in Massachusetts than any other company, according to Greentech Media Research's Q3 2013 Leaderboard. The company plans to hire up to 240 employees in the new locations to continue providing its affordable, guaranteed price solar solutions to homeowners.


"We are excited to bring our simple, affordable solar offering to more Bay State residents who are looking to save money on their power bills by using their roofs for more than just shingles," said Chance Allred, vice president of sales at Vivint Solar. "We'll continue our commitment to growing the Massachusetts market, as rooftop solar continues to gain acceptance as a preferred energy choice of budget-savvy homeowners."

Vivint Solar's new territory expansion coincides with Solar Energy Industries Association's Solar Market Insight Year in Review 2013, which showed photovoltaic installations continued to grow, increasing 41 percent nationally from 2012. As the second largest residential solar installer in the United States, Vivint Solar continues to grow in Massachusetts.

"The process so far with Vivint Solar has been great," said Karen Lococo, a Vivint Solar customer and resident of Chalmshead, Massachusetts. "The people we have worked with have been excellent and the fact that we didn't have to pay anything up front was a big plus. The realization that it was going to save us money on our utility bill was excellent for us."

Key facts about Vivint Solar's Massachusetts presence:

• Deploys a unique sales model for the solar industry of an in-person consultative sales team and a highly automated, efficient design and installation process.

• Currently employs 150 full-time employees in Massachusetts, and will add up to 240 new roles in the Taunton, Marlborough and Holyoke areas.

• The company's site surveyors, permitting staff, CAD designers, installers and electricians are all in-house and many are hired from local communities and trade schools.

• In 2013, Vivint Solar was Massachusetts' top residential solar provider, with more than 4 megawatts worth of solar systems installed, helping homeowners save on their monthly power bills.

Founded in 2011, Vivint Solar is the second largest U.S. residential solar installer, according to the Q3 2013 U.S. PV Leaderboard published by GTM Research. Through a power purchase agreement (PPA), 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. Vivint Solar designs, installs, monitors and services the system with no additional out-of-pocket costs to the homeowner.

Vivint Solar currently operates in California, Hawaii, Maryland, Massachusetts, New Jersey, New York and Washington, D.C.

For Vivint Solar photos and video of its installation process, please visit http://www.vivintsolar.com.

About Vivint Solar

Vivint Solar is a leading provider of simple, affordable solar solutions. As an early adopter of the power purchase agreement (PPA) model, Vivint Solar designs, installs, and maintains cost-effective solar energy systems. The company provides award-winning service and support while saving customers money and protecting the environment. For more information, visit www.vivintsolar.com or follow @VivintSolar.

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Contact:

Vivint Solar
Kady Cooper
Director of Public Relations
415-706-9778
kady.cooper@vivintsolar.com

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