PROVO, Utah–(BUSINESS WIRE)–Vivint Smart Home, Inc. (NYSE: VVNT), a leading smart home company, today announced that it has entered into a strategic partnership with Freedom Forever, one of the nation`s fastest growing solar system installers. The relationship between the two companies will help homeowners get a little closer to life in a smart home that generates as much energy as it consumes. Freedom Forever and its family of companies focus on residential solar systems that provide world-class engineering, procurement and construction for its dealer network. Since 2011, Freedom Forever has enabled its dealer network to succeed with a premium offering and aggressive pricing flexibility. Freedom Forever`s 25-year production warranty provides ultimate security for homeowners who are reluctant to make a significant investment when purchasing their solar systems. With Freedom Forever, owners know what they`re getting every time. For more information, see freedomforever.com. Vivint Solar is a leading provider of distributed solar energy – electricity generated by a solar system installed at a customer`s site – for residential customers in the United States. Vivint Solar customers pay little or no money upfront, typically enjoy significant savings compared to utility electricity, and continue to benefit from guaranteed energy prices over the 20-year term of their contracts. Vivint Solar finances, plans, installs, monitors and maintains solar systems for its customers. Vivint Solar also sells solar energy systems; Customers can pay in cash or finance the purchase through one of Vivint Solar`s main financial partners. For more information, see www.vivintsolar.com or follow @VivintSolar on Twitter.
Vivint Solar and Vivint Smart Home`s Intelligent Energy Management will be available later this year. For more information about Vivint Solar, see www.vivintsolar.com. Contact Investor Relations Nate Stubbs VP, Investor Relations ir@vivint.com The combination of solar power generation and energy savings from a smart home allows customers to lay the foundation for a net-zero home that can produce as much energy as it consumes. BROOKLYN, N.Y., June 17, 2020 – EnergyHub, the leading provider of distributed energy resource (DER) solutions for utilities, has partnered with Vivint Solar, a leading full-service residential solar energy provider, to make its residential storage systems available as low-cost edge-of-grid resources for utilities. Utilities can now leverage EnergyHub`s Mercury DERMS platform to manage batteries behind Vivint Solar`s counter for grid services and expand efforts to improve grid health and encourage storage adoption in homes. According to GTM Research, Vivint Solar was the second largest home solar installer in the U.S. in 2013 and maintained its No. 2 position at the end of 2016.
[19] “The combination of rooftop solar energy with smart learning capabilities places the ambitious goal of a net-zero energy home at a striking distance from the masses. It improves a homeowner`s ability to manage energy and save money, which is exactly what they want in their smart home experience. Vivint Solar, Inc. is an American solar energy company headquartered in Lehi, Utah. It is a solar energy supplier for private households that designs, installs and maintains photovoltaic systems. Optimum Solar Group has partnered with leading solar suppliers such as SunRun, Vivint Solar and Empire Solar Group. We are currently in 12 states and use local installers in each state. We`ve also partnered with several solar-specific financial companies, credit unions, and banks to provide you with the latest and greatest financing options. These partnerships allow our customers to have more choices so that we can develop the ideal solar solution for their needs and goals. Vivint Smart Home is a leader in smart home in North America.
Vivint offers an integrated smart home system with professional in-home advice, installation and support through its Smart Home Pros, as well as 24/7 customer service and monitoring. Vivint is committed to redefining the home experience with intelligent products and services, serving more than 1.7 million customers in the U.S. and Canada. For more information, see www.vivint.com. With more than 196,000 solar installations across the country, Vivint Solar is one of the largest residential solar energy and storage providers in the country. The addition of Vivint Solar to EnergyHub`s partner ecosystem allows EnergyHub`s utility customers to increase the number of suppliers eligible for DER programs, increase the size of battery DER programs, and improve utility customer engagement options. This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the capabilities and expected benefits of the planned integration of Vivint`s smart home system into Freedom Forever`s solar offering, including, but not limited to: Vivint`s ability to: monitor energy production and consumption in its customers` homes. .