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Gen110 Connects 1,200 South Bay Homes with Local Power
Distributed energy leader helps 100-year-old San Jose customer save money with
solar
San Jose, Calif., June 5, 2012 - Gen110, the leading distributed electricity
company, today announced it has brought cost-effective distributed power to
more than 1,200 households in the South Bay in the form of solar electricity. The
company now powers more than 40 percent of solar installations in the San Jose
metropolitan area, California’s third-biggest solar market.
Gen110’s approach helps energy-intensive households lock down higher-tier
energy rates while avoiding rate hikes prevalent to South Bay power customers.
By providing access to the best technologies and financing solutions available
with a low upfront investment, Gen110 helps customers save approximately
$50,000 over twenty years on their energy bill.
“Many South Bay residents don’t know they’re overpaying for energy, or that
alternatives exist to help lower their bills. That’s where Gen110 comes in,” said
Michael Abramovic, director of Gen110’s South Bay office. “Savvy South Bay
customers have been quick to understand that our solution makes smart
economic sense, and we’re pleased that so many have decided to replace their
higher-tier energy use with distributed power.”
For many of the region’s retired residents living on fixed incomes, this spells
opportunity: 100-year-old Ida Perracci of Alum Rock was one of the first to
recognize its potential benefit to her wallet and the environment. Perracci signed
on to install a Gen110 power plant on her home on the day of her centennial
birthday party, locking into predictable energy rates starting now.
“You’re never too old to go solar,” said Perracci. “I’ve lived in Alum Rock for
decades, and for the first time my electricity bill will stop going up. And while the
price is right today, I’m delighted to pass on the savings and environmental
benefits to my family in years to come.”
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).
Media Contact:
Antenna Group for Gen110
Raman Deol
415-977-1945
gen110@antennagroup.com
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