Real Goods Solar Selected by Leading Production Homebuilder to Bring Solar to
LOUISVILLE, Colo., Feb. 13, 2013 (GLOBE NEWSWIRE) -- Real Goods Solar, Inc.
(Nasdaq:RSOL), a nationwide leader of turnkey solar energy solutions, has been
selected by a leading production homebuilder to deploy solar in certain of its
new communities, beginning in California and with an eye towards broader
deployment to other solar friendly states.
Home buyers in participating solar communities will enjoy the benefits of a
solar system as a standard feature of their new home. Real Goods Solar will
design, engineer, service and manage the installation of these residential
solar systems. The systems will be designed to offset a good portion of the
electrical needs of the home.
"We are excited about this important expansion of our homebuilder program that
allows homeowners to benefit from the advantages of having solar electricity
from day one when they move into their new homes," said Kam Mofid, Real Goods
Solar CEO. "With our management team's deep experience in home building and
solar we were able to offer an outstanding value and the best overall solution
as part of the homebuilder's efforts to broadly offer solar in new homes."
Josh Price, vice president of residential operations for Real Goods Solar,
commented: "Home builders are seeing demand strengthen across the country but
buyers are often concerned about the rising electricity costs. Including solar
in new homes allows home buyers to see savings in their energy costs and
therefore reduce the overall cost of owning their dream home."
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (Nasdaq:RSOL) is one of the nation's pioneering solar
energy companies serving commercial, residential, and utility customers.
Beginning with one of the very first photovoltaic panels sold in the U.S. in
1978, the company has installed more than 14,500 solar power systems
representing over 100 megawatts of 100% clean renewable energy. Real Goods
Solar makes it very convenient for customers to save on their energy bill by
providing a comprehensive solar solution, from design, financing, permitting
and installation to ongoing monitoring, maintenance and support. As one of the
nation's largest and most experienced solar power installers, the company has
15 offices across the West and the Northeast. It services the commercial and
utility markets through its RGS Energy division. For more information, visit
RealGoodsSolar.com or RGSEnergy.com, or call (888) 507-2561.
The Real Goods Solar, Inc. logo is available at
This press release includes forward-looking statements relating to matters
that are not historical facts. Forward-looking statements may be identified by
the use of words such as "expect," "intend," "believe," "will," "should" or
comparable terminology or by discussions of strategy. While Real Goods Solar
believes its assumptions and expectations underlying forward-looking
statements are reasonable, there can be no assurance that actual results will
not be materially different. Risks and uncertainties that could cause
materially different results include, among others, introduction of new
products and services, completion and integration of acquisitions, the
possibility of negative economic conditions, and other risks and uncertainties
included in Real Goods Solar's filings with the Securities and Exchange
Commission. Real Goods Solar assumes no duty to update any forward-looking
CONTACT: Media and Investor Relations Contact:
Liolios Group, Inc.
Tel (949) 574-3860
Real Goods Solar, Inc. Logo
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