New Solar Leasing Program to Deliver Fixed Prices and Green Energy to California Homeowners

PetersenDean partners with Sunrun to offer revolutionary solar leasing program to benefit homebuilders, buyers and the environment

Newark, Calif. – Jan. 12, 2010 –

PetersenDean Roofing and Solar Systems, the nation's largest, privately- owned roofing and solar energy company, has announced an exclusive partnership with Sunrun, the nation's leading provider of residential solar financing, on a ground-breaking leasing program that enables Californians to purchase a new solar home at the price of a standard home, locking in low, fixed electricity bills for 20 years.

As utility fees continue to increase in California, this innovative solution allows homeowners to lock in a low rate for electricity over the course of the lease. This program would allow households to pay as little as $50 a month on average, saving families more than $800 per year in the first year and tens of thousands of dollars over the course of the lease. Most solutions provided through the program require no money down, and the lower operating costs of these homes give the homes a higher resale value.

"This new leasing program is going to change the way we buy electricity," said Jim Petersen, president and CEO of PetersenDean. "At PetersenDean, we provide SmarterRoofTM technology and consumer-driven options so that the roof on your house works for you, saving you money and the environment. This program will not only transform how people consume electricity, but will make clean, renewable energy accessible to Californians."

For homebuilders hit hard by the economy, this is an opportunity to provide new solar homes to consumers at an affordable rate without impacting buyers' home loan eligibility. The program also helps builders stay competitive while doing the right thing for the environment.

"Sunrun is excited to partner with PetersenDean on this unprecedented opportunity to democratize solar power for both homeowners and builders," said Lynn Jurich, president of Sunrun. "Sunrun makes it truly easy and affordable for homebuyers to get solar. We look forward to partnering with homebuilders to allow people to purchase new homes that already have state of the art solar systems and electricity bill savings built in."

Through the California Energy Commission's New Solar Homes Partnership, the commission is currently considering an opportunity to provide financial and marketing incentives to homebuilders who offer solar leasing programs. If adopted, this will further bolster California's progress in leading the way in developing a cleaner future for all Americans.

About PetersenDean Roofing and Solar Systems

PetersenDean is a full-service roofing and solar system contractor with experience in complex commercial and residential projects. PetersenDean has cemented a reputation for superior safety standards, materials and workmanship with customer service and warranty programs that are considered to be among the best in the industry. Based in Newark, Calif., PetersenDean has locations in Arizona, California, Florida, Nevada and Texas. In the Texas market, PetersenDean operates under the Brinkmann Roofing brand. For more information, please visit http://www.petersendean.com.

About Sunrun Inc.

Sunrun offers easy affordable solar service to homeowners. Sunrun purchases custom-designed home solar systems for its customers, who pay a low monthly bill to have solar electricity produced on their roof. All Sunrun customers receive money-back annual performance guarantees in addition to professional-grade monitoring, maintenance, repairs, and insurance, which removes the complexity and risk from going solar. Sunrun's goal is to provide every home direct access to clean, affordable electricity. Sunrun currently serves communities in California, Massachusetts, Colorado, and Arizona, and New Jersey. Additional information about Sunrun is available at http://www.sunrunhome.com.

Media Contact

Susan Wise
susanw@sunrunhome.com
415.684.9874

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