SunPower Inks Deal with Homebuilder
SAN JOSE, Calif., Feb. 13, 2014 /PRNewswire/ — SunPower Corp. (NASDAQ:SPWR) announced today a three-year agreement to offer high efficiency SunPower solar power systems at Meritage Homes communities nationwide. The two companies have teamed to provide leading comprehensive energy efficiency and solar power solutions to thousands of Meritage Homes homebuyers throughout the U.S.
“With the cost of solar power lower than ever, homeowners who choose solar-powered homes receive compelling annual savings on electricity,” according to Meritage Homes Vice President of Environmental Affairs C.R. Herro. “By partnering with SunPower, the industry’s most experienced provider of solar technology to new home communities, Meritage Homes provides customers the most reliable and efficient solar technology available, enabling customers to create value the moment they take ownership of their new home.”
“Increasingly, homebuyers understand the return on investment that a high quality, energy efficient, solar-powered new home delivers,” said SunPower CEO Tom Werner. “We’re very proud to partner with Meritage Homes, which has made yet another exemplary commitment to its customers and to the communities it serves through this national agreement.”
SunPower will offer its solar technology at approximately 200 Meritage Homes communities nationwide, beginning in California, Texas and North Carolina. SunPower will also work with Meritage Homes sales personnel and Meritage homebuyers to provide training, marketing and education on the unique opportunity this partnership offers.
About Meritage Homes
Meritage Homes is the ninth-largest public homebuilder in the United States, based on 4,238 homes closed in 2012. Meritage builds and sells single-family homes for first-time, move-up, luxury and active adult buyers across the Western, Southern and Southeastern United States. As of March 31, 2013, the company had 168 actively selling communities in markets including Sacramento, San Francisco’s East Bay, the Central Valley and Southern California; Houston, Dallas-Ft. Worth, Austin and San Antonio, Texas; Phoenix/Scottsdale and Tucson, Arizona; Las Vegas, Nevada; Denver, Colorado; Orlando and Tampa, Florida; Raleigh and Charlotte, North Carolina.
Meritage has designed and built more than 75,000 homes in its 27-year history, and has a reputation for its distinctive style, quality construction, and positive customer experience. Meritage is the industry leader in energy efficient homebuilding and in 2013, Meritage received the U.S. Environmental Protection Agency’s ENERGY STAR Partner of the Year for Sustained Excellence Award, for its innovation and industry leadership in energy efficient homebuilding. Meritage was the first national homebuilder to be 100 percent ENERGY STAR® qualified in every home it builds, and far exceeds ENERGY STAR standards today. For more information, visit www.meritagehomes.com.
SunPower Corp. (NASDAQ:SPWR) designs, manufactures and delivers the highest efficiency, highest reliability solar panels and systems available today. Residential business, government and utility customers rely on the company’s quarter century of experience and guaranteed performance to provide maximum return on investment throughout the life of the solar system. Headquartered in San Jose, Calif., SunPower has offices in North America, Europe, Australia, Africa and Asia. For more information, visit www.sunpower.com.