April 24, 2012: SolarCity Introduces Home Energy Loan for Energy Efficiency Upgrades
SAN MATEO, Calif., and BOSTON — SolarCity®, a leader in clean energy services, has unveiled a new Home Energy Loan for energy efficiency upgrades that the company says will make cleaner indoor air, greater comfort, and lower energy bills more accessible to American homeowners.
SolarCity estimates homeowners lose approximately $40 of every $100 spent on heating and cooling to duct and air leakage alone. The company said its new energy efficiency financing option is designed to reduce or eliminate the upfront cost of energy efficiency upgrades. Its energy efficiency services include a comprehensive on-site home energy evaluation to diagnose the cause of energy loss and high utility bills, paired with a range of upgrades to lower energy costs and improve IAQ and comfort.