Meritage Homes and SunPower Partner to Offer Solar Power Systems Nationwide

 Meritage Homes and SunPower Partner to Offer Solar Power Systems Nationwide

PR Newswire

SAN JOSE, Calif., Feb. 13, 2014

SAN JOSE, Calif., Feb. 13, 2014 /PRNewswire/ --SunPower Corp. (NASDAQ:SPWR)
announced today a three-year agreement to offer high efficiency SunPower solar
power systems at Meritage Homes communities nationwide. The two companies have
teamed to provide leading comprehensive energy efficiency and solar power
solutions to thousands of Meritage Homes homebuyers throughout the U.S.

"With the cost of solar power lower than ever, homeowners who choose
solar-powered homes receive compelling annual savings on electricity,"
according to Meritage Homes Vice President of Environmental Affairs C.R.
Herro. "By partnering with SunPower, the industry's most experienced provider
of solar technology to new home communities, Meritage Homes provides customers
the most reliable and efficient solar technology available, enabling customers
to create value the moment they take ownership of their new home."

"Increasingly, homebuyers understand the return on investment that a high
quality, energy efficient, solar-powered new home delivers," said SunPower CEO
Tom Werner. "We're very proud to partner with Meritage Homes, which has made
yet another exemplary commitment to its customers and to the communities it
serves through this national agreement."

SunPower will offer its solar technology at approximately 200 Meritage Homes
communities nationwide, beginning in California, Texas and North Carolina.
SunPower will also work with Meritage Homes sales personnel and Meritage
homebuyers to provide training, marketing and education on the unique
opportunity this partnership offers.

About Meritage Homes
Meritage Homes is the ninth-largest public homebuilder in the United States,
based on 4,238 homes closed in 2012. Meritage builds and sells single-family
homes for first-time, move-up, luxury and active adult buyers across the
Western, Southern and Southeastern United States. As of March 31, 2013, the
company had 168 actively selling communities in markets including Sacramento,
San Francisco's East Bay, the Central Valley and Southern California; Houston,
Dallas-Ft. Worth, Austin and San Antonio, Texas; Phoenix/Scottsdale and
Tucson, Arizona; Las Vegas, Nevada; Denver, Colorado; Orlando and Tampa,
Florida; Raleigh and Charlotte, North Carolina.

Meritage has designed and built more than 75,000 homes in its 27-year history,
and has a reputation for its distinctive style, quality construction, and
positive customer experience. Meritage is the industry leader in energy
efficient homebuilding and in 2013, Meritage received the U.S. Environmental
Protection Agency's ENERGY STAR Partner of the Year for Sustained Excellence
Award, for its innovation and industry leadership in energy efficient
homebuilding. Meritage was the first national homebuilder to be 100 percent
ENERGY STAR® qualified in every home it builds, and far exceeds ENERGY STAR
standards today. For more information, visit www.meritagehomes.com.

About SunPower
SunPower Corp. (NASDAQ:SPWR) designs, manufactures and delivers the highest
efficiency, highest reliability solar panels and systems available today.
Residential business, government and utility customers rely on the company's
quarter century of experience and guaranteed performance to provide maximum
return on investment throughout the life of the solar system. Headquartered in
San Jose, Calif., SunPower has offices in North America, Europe, Australia,
Africa and Asia. For more information, visit www.sunpower.com.

SunPower is a registered trademark of SunPower Corporation in the U.S. and
other countries. All other trademarks are the property of their respective
owners.

SOURCE SunPower Corp.

Website: http://www.sunpower.com
Website: http://www.meritagehomes.com
Contact: Ingrid Ekstrom, SunPower Corp., 510-260-8368, iekstrom@sunpower.com
 
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