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REC Solar and Sungevity Form Partnership for Energy Costs Reduction

published: 2016-04-08 16:59

REC Solar and Sungevity announced a strategic partnership to help businesses of all sizes reduce energy costs. As part of the deal, the two leading solar providers will share sales leads appropriate to each company’s market focus to accelerate growth across the commercial sector.

The partnership is aimed at reducing soft costs and eliminating capital investments required for businesses interested in going solar. Under the agreement, Sungevity will join REC Solar’s partner program and offer the REC Solar PPA to its customers. REC Solar and Sungevity will share sales leads to connect potential customers with the optimal company to meet their specific needs. REC Solar will provide solar power and energy services for larger-scale commercial customers, while Sungevity will specialize in working with small- and medium-sized commercial markets.

“REC Solar is committed to making it easy for all businesses to say yes to reliable solar power,” said Alan Russo, senior vice president of sales and marketing at REC Solar. “Partnering with Sungevity marks the beginning of an exciting national program to bring the benefits of clean solar energy to many more businesses across America. Together, we can help many more potential customers connect with the best solar company for the job and reduce energy costs from day one.”

REC Solar has more than 17 years of experience helping businesses reduce energy costs by going solar. Last year, REC Solar announced $225 million in financing to enable businesses to go solar with no upfront costs, similar to popular financing options provided by residential solar companies.

“This partnership takes aim at challenges that have bedeviled the commercial solar market for too long,” said Dave Dunlap, Sungevity’s chief development officer. “Both REC Solar and Sungevity will receive better qualified leads, helping to increase deal flow and cut soft costs. Add in industry-leading financing and the economics become very attractive. We’re already seeing strong interest from our customers.”

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