June 2018
Member Spotlight
In 2018, SECC will be recognizing a member each month, providing an organizational profile and highlighting the member's accomplishments and output in the smart energy space.
About Vivint Solar
Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve financial savings over time. Offering integrated residential solar solutions for the entire customer lifecycle, Vivint Solar designs and installs solar energy systems for its customers, and offers monitoring and maintenance services. In addition to offering solar energy system for purchase, customers may benefit from Vivint Solar's affordable, flexible financing options, power purchase agreements (PPAs) or lease agreements, where available.
A Top Residential Solar Provider in the U.S.
Vivint Solar has installed over 905 megawatts (MWs) of solar energy systems to more than 132,000 customers throughout the United States. Vivint Solar operates in 21 states in total: Arizona, California, Colorado, Connecticut, Delaware, Florida, Hawaii, Maryland, Massachusetts, Nevada, New Hampshire, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, South Carolina, Texas, Utah, Vermont and Virginia.
Clean Energy Ecosystems Foster Greater Energy Independence
Vivint Solar’s vision is to empower families to take control of their energy future. To achieve this vision, it provides solutions that give consumers a choice in how they create and consume power. In addition to rooftop solar power, Vivint Solar works with best-in-class energy technology partners to offer its customers residential battery storage, electric vehicle (EV) chargers and smart home technology, enabling consumers to build their own clean-energy ecosystems at home.
Solar-Utility Collaboration Accelerates Solar Adoption
Vivint Solar works with utilities to enable consumers to generate their own renewable energy and export excess energy to the grid, often through net energy metering billing agreements. Net metering allows the homeowner to receive credits for any energy their system produces that is not consumed on-site and is instead exported to the grid. These credits can be used at a later time to help offset the homeowner’s utility bill. Homeowners use energy from the grid when solar panels produce insufficient power for their consumption needs.
Developing A Smarter Grid
Distributed solar contributes to a smarter, healthier grid system. The benefits to the grid include:
- Avoidance of costs associated with electricity transmission and distribution – Rooftop solar power does not need to travel hundreds of miles to homes. Likewise, because rooftop solar power does not need to be distributed throughout the utility’s circuits, if customers are not using their own solar energy, their neighbors on the same transformer line can consume it. In some cases where new residential developments increase utility demand, distributed rooftop solar can avoid the need to perform very costly transmission line and infrastructure upgrades.
- Reduced peak demand costs – Creating the ability for consumers to generate and store solar energy in on-site batteries helps to distribute power back to the grid when it is needed to smooth out the duck curve. In this way costly utility peaker plant capacity requirements can be reduced.
- Grid stability – Smart solar inverter technology, along with other demand response equipment that is becoming more common in residential solar energy systems, provides material benefits to improving utility grid infrastructure and stability.
Vivint Solar is committed to responsible smart grid leadership and providing consumers a reliable backup power source to the grid.
