SOURCE: Verengo Solar Plus

 Verengo Solar Plus

June 03, 2010 13:47 ET

Verengo Solar Plus President Discusses Solar Power, Solar Costs in CNN Local Interview

Says Solar Industry Is Creating Green Jobs in California

ORANGE, CA--(Marketwire - June 3, 2010) -  Going solar in Southern California has never been easier or more affordable, said Verengo Solar Plus President Ken Button in a television interview that airs May 31 through June 6, 2010 on Charter Cable's CNN HLN channel. Based in the city of Orange, Verengo Solar Plus is the largest residential solar installer in Southern California.

"There's a common misperception that solar is expensive, but those are the old days," Button said in the five-minute segment with host Brad Pomerance. "What's really changed is that solar is really compelling on the numbers now -- with the subsidies, with lower prices, it really saves people money."

Thanks to leasing options, with a very small upfront payment around $1,000 and sometimes as low as zero, homeowners can start saving money immediately, Button said. Homeowners can also purchase a system and earn an attractive return, typically around 20% per year, on the investment. Typical payback periods for solar systems today are approximately six to eight years, although with leases the paybacks can be as soon as 1-2 years.

The solar industry is also a source of new jobs, particularly at Verengo Solar Plus. In addition to helping thousands of homeowners save money on their electric bills, the company has added 100 new jobs in the past year.

"One of the really great, gratifying things about being in solar is that we have been able to hire a lot of people at a time when it's really tough out there," Button said. To view the full uncut version of the CNN local interview, visit: http://www.youtube.com/user/VerengoSolarPlus.

About Verengo Solar Plus
Verengo Solar Plus is the largest residential solar installer in Southern California. Staying true to its motto of "do good and do well," Verengo Solar Plus has installed solar systems that will save its customers $34 million in energy costs and reduce carbon emissions as much as planting 41,340 acres of trees, or taking more than 16,500 cars off the road for a year. Last quarter, the energy systems Verengo Solar Plus installed were equivalent to planting enough trees to cover the entire island of Manhattan. For more information on Verengo Solar Plus, please visit www.goverengo.com.

To connect with Verengo on social media, please visit:
http://twitter.com/verengosolar
http://www.facebook.com/verengosolar
http://www.youtube.com/verengosolarplus

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