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Press release from GlobeNewswire (a Nasdaq OMX company)

SolarCity Announces Major California Expansion, 10 New Operations Centers

Monday, November 25, 2013

SolarCity Announces Major California Expansion, 10 New Operations Centers

06:00 EST Monday, November 25, 2013

With 24 California Locations, Company Now Within 30 Miles of More Than 90% of State's Population

SAN MATEO, Calif., Nov. 25, 2013 (GLOBE NEWSWIRE) -- SolarCity® (Nasdaq:SCTY), a leading provider of clean energy, announced the opening of ten new operations centers in California. All are expected to be operational by the end of 2013, nearly doubling the company's locations in the state. The regional operations centers will expand solar services to new areas, reduce installation wait times, and contribute to state and local economies by creating jobs in a range of new locations. SolarCity will now have a location within 30 miles of more than 90 percent of the state's population. The company already has more than 2,100 employees in California, and is currently seeking to fill at least 260 additional job openings in the Golden State.

"This expansion not only allows us to spread job creation and economic impact to more local economies, but it also allows us to reduce our costs and environmental impact by decreasing drive times and increasing installation efficiency," said Tanguy Serra, SolarCity's executive vice president of operations. "The fact that this is happening as California's largest state incentive program is winding down is a key indicator of how far solar power has come toward the mainstream."

SolarCity regional operations centers are staffed with locally hired employees who manage sales and installation of the solar systems for area homeowners, schools, and businesses.

"SolarCity is truly committed to providing opportunities for affordable solar power and should be commended for their contributions to our communities, our state and our economy," said Assemblymember Jim Patterson (R-Fresno).

Earlier this year, SolarCity opened two of its largest-ever operations centers in Riverside and Stockton. On Aug. 22, the company inaugurated its San Fernando Valley regional operations center in Chatsworth.

"I am pleased to hear SolarCity is expanding their operations throughout California and increasing their presence as a provider of clean energy," said Assemblymember Jose Medina (D-Riverside), Chair of the Assembly Jobs, Economic Development, and the Economy Committee. "We need more jobs and workforce development in California. SolarCity understands the importance of employee retention by providing fair pay."

By end of the year, SolarCity expects to have locations up and running in the following California cities and towns:

  • Bakersfield
  • Berkeley
  • Ventura/Camarillo (new)
  • Chatsworth
  • Chico (new)
  • Foster City
  • Fresno
  • Granite Bay
  • Lancaster
  • Livermore (new)
  • Los Angeles
  • Martinez (new)
  • Morgan Hill (new)
  • Murrieta (new)
  • Petaluma (new)
  • Riverside
  • Sacramento
  • San Diego
  • San Luis Obispo (new)
  • San Mateo (HQ)
  • Santa Ana
  • Stockton
  • Thousand Palms/Palm Springs (new)
  • Victorville (new)

"SolarCity's expansion is just more proof of the promise of green industry. Investing in a greener economy doesn't only reduce pollution, but provides cleaner, cheaper energy," said Assemblymember Susan Talamantes Eggman (D-Stockton). "It's smart business and leads to job creation and economic growth."

California homeowners and businesses interested in SolarCity's services can contact the company directly at 1-888-SOL-CITY (1-888-765-2489) for a free, no-obligation solar consultation or visit SolarCity online at www.solarcity.com/request. Candidates interested in available employment opportunities in California can apply online at www.solarcity.com/jobs.

About SolarCity

SolarCity® (Nasdaq:SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company offers solar power, energy efficiency and electric vehicle services, and makes clean energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity currently serves 14 states and signs a new customer every five minutes. Visit the company online at www.solarcity.com and follow the company on Facebook & Twitter.

This release contains forward-looking statements including, but not limited to, statements regarding future hiring and future office openings. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward looking statements. You should read the section entitled "Risk Factors" in our quarterly report on Form 10-Q, which has been filed with the Securities and Exchange Commission, which identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

CONTACT: Molly Canales
SolarCity
650-963-5674
press@solarcity.com

SolarCity Corporation logo

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