Monday, September 20, 2010

SunRun and Toll Brothers Unveil New Solar Home Models

YORBA LINDA, Calif.--(BUSINESS WIRE)--SunRun, the nation’s leading home solar provider, and Toll Brothers, the nation’s leading builder of luxury homes, today announced the official opening of new model homes with pre-installed solar panels. The two companies, in cooperation with PetersenDean Roofing and Solar Systems, announced a partnership earlier this year to pre-install solar panels at no additional cost to homebuyers at The Preserve new home community. Last Friday, September 17, Toll Brothers hosted the official ribbon-cutting ceremony to open the community to the public.   

Traditionally, solar panels have cost $30,000 for homeowners. With SunRun’s solar power service, homeowners at The Preserve can sign up for solar power for $0 down instead of buying a system of their own. This service costs about $42 per month, and will lower their monthly power bills by $50 to $100, depending on the amount of power used. To date, over 90% of The Preserve buyers have elected the SunRun solar power service as part of their home purchase.

“We are excited to have a solar-powered home,” said a homebuyer from The Preserve, “and the pre-installed option made it an easy choice for us.”

“Our goal for The Preserve is to not only make cost-effective solar power available to more homebuyers than ever before, but also to set a new standard for the home building industry,” said Jim Boyd, regional president at Toll Brothers. “Homebuyers have shown overwhelming support for the solar option, and this initiative will save them thousands of dollars over the life of their homes.”

SunRun’s solar power service makes solar affordable and risk-free for homeowners. SunRun owns, monitors, and maintains the solar equipment so residents can reduce their environmental impact without purchasing, installing, or maintaining the solar systems themselves.

“Homeowners continue to tell us that their main concerns when considering a switch to solar energy are the hassle of maintenance and the upfront costs,” said Lynn Jurich, president of SunRun. “Toll Brothers and SunRun are working together to eliminate these barriers for new home buyers, and the unveiling of the homes at The Preserve delivers on the promise of our partnership.”

The community will include 90 homes when construction is complete, and SunRun, PetersenDean and Toll Brothers plan to extend the solar option to additional new communities to accelerate the widespread adoption of affordable home solar.