Gen110 Celebrates 10 MW Installation Milestone

SAN FRANCISCO--(BUSINESS WIRE)--Gen 110, the leading distributed energy company, today announced it has surpassed 10 megawatts (MW) of independently operated residential solar power plants. Since launch just three years ago, Gen110’s distributed power solution has already protected more than 2,000 customers from utility rate hikes associated with escalating transmission and distribution costs. With this unique onsite power generation solution, customers save over an estimated $37,000 over a 20-year agreement.

Gen110 has installed its cost effective solar installations for customers in 11 regions across the state since 2009. With a diverse portfolio of customers in varying regions -- ranging from cost-conscious homeowners in Southern California to 100-year-old senior citizens in the Bay Area -- Gen110 has installed residential solar power plants that already generate 13 gigawatt hours of energy per year onsite.

“Moving to distributed generation can seem daunting to many homeowners,” commented Gen110 CEO Jason Brown. “Our model targets heavy energy users who can save money right away, and provides a high-touch customer experience that educates customers and simplifies the switch. This approach has gained rapid traction, and Gen110 is now one of California’s leading independent distributed energy providers.”

The company’s unique “energy concierge” model connects high-energy using customers with personal power plants that help avoid rising transmission costs and lock down low electricity rates. By working with leading companies like Petersen Dean and SunRun, Gen 110 moves with the market to offer the best possible financing and energy generation technologies available thereby maximizing customer cost savings.

Pavel Molchanov, the clean tech research analyst at Raymond James & Associates, added: "Compared to countries such as Germany, the U.S. has historically lagged in adoption of residential solar. But the advantages of distributed solar are very real - not just in terms of direct savings for consumers, but also in creating a more stable and sustainable power grid. Innovative models like Gen110 are helping make solar a mainstream energy source for American households."

About Gen110

Gen110 is the leading distributed energy company providing a cost-effective, alternative way for heavy energy users to purchase residential power. Gen110 has helped more than 2,000 homeowners in California avoid utility rate hikes by producing approximately 13 gigawatt hours of electricity annually at their own homes. A private company based in San Francisco, Gen110 was founded in 2009 to free customers from total dependence on traditional utility companies. To learn more, visit gen110.com. You can also follow us on Facebook (facebook.com/Gen110) and Twitter (twitter.com/gen_110).