NRG Home Solar, the residential solar arm of NRG Energy, is expanding in California. The parent company, which owns electric generation across the U.S. and has utility subsidiaries, has repeatedly illustrated its goals to be one of the most renewable energy suppliers in the U.S. and has installed solar power on multiple sports stadiums and owns some of the largest photovoltaic solar farms in the world, including the 290 megawatt Agua Caliente Solar Project in Arizona. But with NRG Home Solar the company is showing that its not only looking at large-scale but also small and residential-scale solar implementations.
The company’s latest expansion into residential solar is in the U.S.’s largest solar state, California, where solar is still a popular option on homes even though the incentives designed to support it are basically exhausted. That NRG Home Solar is expanding further into the state further helps illustrate the point. It announced new offices in Merced and San Diego and plans to hire more than 100 employees to support the new offices and its solar panel installations in the state.
NRG Home Solar already has California offices in San Francisco and Emeryville. Nationwide it will have more than 1,000 employees when the new offices are fully staffed and currently offers residential solar in California, Connecticut, Massachusetts, New Jersey, New York and Pennsylvania.
“We are excited to be rapidly expanding in a state like California that is committed to solar growth and affordable home energy solutions,” said Kelcy Pegler Jr., President of NRG Home Solar. “This expansion allows us to meet growing consumer demand as more and more California homeowners look to lock in lower energy costs and reduce their carbon footprint with rooftop solar.”
The company also announced a new solar loan product alongside its leasing options. The company will start offering the loans in California before expanding the offering to other states.
“The distributed clean energy movement is about personal empowerment and playing your role in creating a sustainable future and we believe that is the future that the vast majority of Californians envision for themselves and their State,” said David Crane, CEO of NRG Energy.
However NRG Home Solar is still a small player in the residential solar market. PV Magazine observed that it has just 2.4 percent of the U.S. residential market. It’s behind larger companies including SolarCity, Vivint and Sungevity. The magazine said NRG Home Solar anticipates ending the year with 10,000 residential installations and a full 50,000 installations by the end of 2015.Tweet