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SolarCity to Offer Solar to Low-Income Renters in California

  • Company will partner with Everday Energy for service
  • Renters will get bill credits for using clean energy

SolarCity Corp. will finance and install rooftop panels for affordable housing and low-income renters in California as the company moves to address concerns about the accessibility of solar energy.

SolarCity, the nation’s biggest provider of rooftop-solar power, will team up with Everyday Energy, a developer of solar for affordable-housing units, to sell its service that promises lower monthly utility bills, according to a statement Thursday from the San Mateo, California-based company. Under the program, residents will get bill credits for the amount of solar electricity that offsets their individual power use, SolarCity said.