Vivint Solar To Build New Corporate Headquarters in Utah's Silicon Slopes

Governor Gary Herbert Helps Break Ground on 163,000 Square Foot Building at Thanksgiving Point in Lehi, Utah

LEHI, Utah, Feb. 27, 2015 -- Vivint Solar (NYSE: VSLR), a leading provider of residential solar systems in the United States today broke ground on the construction of a 163,000 square foot corporate headquarters in Lehi, Utah. The company currently employs nearly 1,000 Utah residents – approaching 3,000 nationwide – and continues to grow as a solar industry leader.


"We are proud to build our corporate headquarters among the technology innovators here in the State of Utah," said Greg Butterfield, CEO of Vivint Solar. "Our culture of high growth potential and disruption to the traditional electricity market is possible because of the motivated workforce here in the Utah."

Vivint Solar is the second largest installer of solar energy systems to the U.S. residential market with approximately 16 percent market share in the third quarter of 2014, according to GTM Research. In 2014, the company established 23 new sales and installation offices to its 16 previously existing offices. The company plans to expand further in 2015.

Vivint Solar currently operates in Arizona, California, Hawaii, Maryland, Massachusetts, New Jersey, New York and Utah.

With a Vivint Solar lease, Utah homeowners can lock in a fixed monthly lease payment for a rooftop solar energy system with no down payment or upfront costs for installation and permitting. Vivint Solar leases include a solar energy production guarantee. As a result, the electricity generated by the solar energy system provides Utah homeowners with electricity costs that are typically below the prevailing electric utility rates.

To schedule a solar assessment for your home, call 1-855-353-4829. For more information on a Vivint Solar lease, please visit: http://www.vivintsolar.com/en/state/utah.

The company continues to hire sales representatives, permitting staff, CAD designers, install technicians, electricians and corporate support staff. Visit vivintsolar.com to see a list of available job descriptions.

About Vivint Solar
Vivint Solar is a leading provider of distributed solar energy – electricity generated by a solar energy system installed at a customer's location – to residential customers in the United States. Vivint Solar's customers pay little to no money upfront, receive significant savings relative to utility generated electricity and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, designs, installs, monitors and services the solar energy systems to make things easy for its customers. For more information, visit www.vivintsolar.com or follow @VivintSolar.

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