SolarCity Offering Airbnb Hosts Up to $1,000 in Solar-Panel Discounts

Airbnb Inc. is teaming up with SolarCity Corp. to encourage the home-sharing company's hosts to install solar-panel systems.

Those renting out properties via Airbnb can get up to $1,000 cash back if they use the San Mateo, California-based company to install solar systems. That deal is valid through the first three months of 2017; after that, the discount will be $750. Additionally, existing SolarCity customers who become Airbnb hosts will get $100 in credit to stay in an Airbnb property.

"This gives the Airbnb host an incredible opportunity to understand the benefit of solar and to really differentiate their property," said Toby Corey, president of global sales and customer experience at SolarCity. "It represents an entirely new incremental user base for SolarCity."

This isn't Airbnb's first deal with a solar company. In December 2015, San Francisco-based Airbnb inked a deal with NRG Energy Inc.'s home-solar division. That company has since reorganized its home solar-panel business, leaving Airbnb without a partner.