Vivint Solar Expands Services to Colorado

LEHI, Utah, June 7, 2017 /PRNewswire/ -- Vivint Solar, Inc., (NYSE: VSLR), a leading full-service residential solar provider, today announced it has expanded availability of its solar energy systems into Colorado.

According to the Solar Energy Industries Association (SEIA), Colorado currently ranks 11(th) in the country for solar installations. Colorado residents who wish to install solar energy systems can interconnect to the grid under traditional net metering. Vivint Solar will service the Denver and Boulder area and set up a sales office in Centennial, Colorado.

"We're pleased to bring affordable solar energy systems to Colorado as part of our ongoing expansion strategy," said David Bywater, CEO of Vivint Solar. "As experts in designing, installing and servicing solar energy systems, Vivint Solar makes it simple for Colorado residents to go solar, begin generating their own clean energy and potentially reduce their energy bills."

Through Vivint Solar, residents in Colorado can purchase a system outright or finance the system with monthly payments, either through one of the institutions Vivint Solar has relationships with or their preferred lender. Customers will also be eligible to apply for any applicable utility-sponsored rebates or federal tax credits.

As part of each sale, Vivint Solar designs, installs and maintains the system, allowing customers to enjoy the benefits of affordable, renewable solar energy. Vivint Solar has deep installation expertise, having completed over 100,000 installations throughout the United States.

Vivint Solar now operates in 17 states (Arizona, California, Colorado, Connecticut, Florida, Hawaii, Maryland, Massachusetts, New Hampshire, New Jersey, New Mexico, New York, Pennsylvania, Rhode Island, South Carolina, Texas and Utah) and Washington D.C.

For more information, visit www.vivintsolar.com/state/colorado.

About Vivint Solar

Vivint Solar is a leading full-service residential solar provider in the United States. With Vivint Solar, customers can power their homes with clean, renewable energy and typically achieve significant financial savings. Offering integrated residential solar solutions for the entire customer lifecycle, Vivint Solar designs, installs, monitors and services the solar energy systems for its customers. In addition to being able to purchase a solar energy system outright, customers may benefit from Vivint Solar's affordable, flexible financing options or power purchase agreements. Through an exclusive collaboration in the United States, Vivint Solar offers solar plus storage systems with Mercedes-Benz batteries. For more information, visit www.vivintsolar.com or follow @VivintSolar on Twitter.

Note on Forward-looking Statements

This press release contains forward-looking statements as defined within the meaning of the federal securities laws, including statements regarding the market for residential solar energy systems in Colorado, Vivint Solar's ongoing expansion strategy and the ability of residential solar customers to generate their own clean energy and potentially reduce their energy bills. Forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified. Forward-looking statements should not be read as a guarantee of future performance or results, and they will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. These statements are based on current expectations and assumptions regarding future events and business performance as of the date of this press release, and they are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements, including but not limited to the risks set forth in the registration statements and reports that Vivint Solar files with the U.S. Securities and Exchange Commission, which are available on the Investor Relations section of its website at www.vivintsolar.com. Vivint Solar does not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

Press Contacts

Vivint Solar
Helen Langan, Director of Public Relations
385-202-6577
pr@vivintsolar.com

Agency Contact
Ashlyn Hewlett, Method Communications
801-461-9772
ashlyn@methodcommunications.com

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SOURCE Vivint Solar