March 13, 2014 by Rachel Cericola
Have you ever thought about switching to solar power? You may want to head down to your local Best Buy.
The electronics retailer is teaming up with Elon Musk’s SolarCity. That partnership will make whole-house solar power systems available in Best Buy stores nationwide.
The initiative has already launched and approximately 60 stores across Arizona, California, Hawaii, New York, and Oregon. SolarCity also plans to put sales reps in 15 Best Buy stores in Arizona, Oregon, New York, and Hawaii.
SolarCity hopes to entice potential customers by offering $100 Best Buy gift cards to new customers who sign up for solar service through Best Buy before Earth Day (April 22, 2014).
According to Forbes, SolarCity customers are not required to pay for equipment or the installation upfront. Instead, the company finances the entire thing using banks and other backers. However, customers are expected to sign a 20-year lease and pay for any electricity use.
“People go to Best Buy to buy all sorts of devices and appliances, and almost everything you buy consumes a tremendous amount of electricity—your flat-screen TV, your dishwasher,” said SolarCity CEO Lyndon Rive in an interview. “Now we can sell a product that addresses those energy needs.”
For more information on solar services, as well as a list of stores that will carry SolarCity, check out Best Buy’s SolarCity website.
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Over the past 15 years, Rachel Cericola has covered entertainment, web and technology trends. Check her out at www.rachelcericola.com.
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