Definitions for solarcity
so·larci·ty

WikipediaRate this definition:0.0 / 0 votes

1. SolarCity

   SolarCity Corporation was a publicly traded company headquartered in Fremont, California that sold and installed solar energy generation systems as well as other related products and services to residential, commercial, and industrial customers. The company was founded on July 4, 2006, by Peter and Lyndon Rive, the cousins of SpaceX and Tesla CEO Elon Musk. Tesla acquired SolarCity in 2016, at a cost of approximately US$2.6 billion (equivalent to $2.9 billion in 2021) and reorganized its solar business into Tesla Energy. SolarCity heavily focused on door-to-door sales of leased systems, where customers would pay no upfront costs, but agreed to purchase the power generated by those panels from the company for 20 years. The business model became the most popular in the US and made the company the largest residential solar installer, but it caused SolarCity to have over $1.5 billion in debt by the time of its acquisition in 2016 (equivalent to $1.7 billion in 2021). Prior to its acquisition by Tesla, the two companies had a close relationship. SolarCity offered free charging to Tesla Roadster owners at its charging stations, SolarCity became one of the first installers of the Tesla Powerwall home energy storage battery, and Tesla CEO Elon Musk served as the chairman of SolarCity.

WikidataRate this definition:4.5 / 2 votes

1. SolarCity

   SolarCity is an American provider of energy services to homeowners, businesses, and government/non-profit organizations. Among its primary services, the company designs, finances and installs solar energy systems, performs energy efficiency audits and retrofits and builds charging stations for electric vehicles. The company had more than 1,600 employees as of March 2012. SolarCity has grown in recent years to meet the rapidly growing installation of solar photovoltaic systems in the United States. The overall US market has grown from 440 MW of "solar panels installed in 2009 to 3,300 megawatts in 2012, and it is expected to grow to 4,300 megawatts" in 2013.

CrunchBaseRate this definition:2.5 / 2 votes

1. SolarCity

   Founded in 2006, SolarCity is a full-service solar provider for homeowners, businesses and government organizations. It provides solar power system design, financing, installation, energy efficiency and monitoring services. SolarCity’s operations are in Arizona, California, Colorado, Hawaii, Maryland, Massachusetts, New Jersey, New York, Oregon, Pennsylvania, Texas and Washington D.C.According to the company’s website, SolarCity’s founders believe that the environmental impact of energy production is one of the greatest challenges that our planet will face in the near future, and the company aims to alleviate this impact with solar power systems. Their stated mission is to “make solar power the workhorse of the world’s energy production…one installation at a time.”

How to pronounce solarcity?

1. Alex

   US English

   David

   US English

   Mark

   US English

   Daniel

   British

   Libby

   British

   Mia

   British

   Karen

   Australian

   Hayley

   Australian

   Natasha

   Australian

   Veena

   Indian

   Priya

   Indian

   Neerja

   Indian

   Zira

   US English

   Oliver

   British

   Wendy

   British

   Fred

   US English

   Tessa

   South African

How to say solarcity in sign language?

Numerology

1. Chaldean Numerology

   The numerical value of solarcity in Chaldean Numerology is: 7

2. Pythagorean Numerology

   The numerical value of solarcity in Pythagorean Numerology is: 5

Examples of solarcity in a Sentence

1. Shayle Kann:

   SolarCity's value proposition is about saving money. It's not a premium thing like a Tesla is, i don't think most solar customers would buy a Tesla yet.

2. Jonathan Bass:

   SolarCity’s management system will enable the Powerwall to be configured for a broad range of uses, including battery backup, time-of-use shifting and grid response, and we expect to support any or all of those functions in the future.

3. Nick Loris:

   The reaction to the rate change, for critics, underscored how fragile the industry is. Nick Loris said companies like SolarCity simply depend on these policies. When taken away, it adversely affects their bottom line and abilityto compete with conventional sources.

4. Elon Musk:

   We can't do this well if Tesla and SolarCity are different companies, which is why we need to combine and break down the barriers inherent to being separate companies.

5. Shawn Kravetz:

   We are very big, very long term believers in solar-plus-storage, but the capital that will have to be deployed - and the years that will have to pass before Esplanade Capital's more than just a rounding error for SolarCity - make it not a real factor today.

References

1. ^ Wikipedia
   https://en.wikipedia.org/wiki/Solarcity
2. ^ Wikidata
   https://www.wikidata.org/w/index.php?search=solarcity
3. ^ CrunchBase
   https://www.crunchbase.com/organization/solarcity