October 7, 2008 Helio Micro Utility, (Helio mU) the green power pioneer selling solar energy without the upfront cost of panels, and Verde Energy, a trusted source for competing offers from the nation's largest network of experienced renewable energy professionals, today introduced a new strategic partnership to provide immediate financing for commercial projects in the United States through the Verde Pro network of solar power installation partners.
The agreement paves the way for Verde Energy to introduce the Helio mU Green Energy Plan(TM) for commercial and residential systems to its network of solar photovoltaic installation partners called Verde Pros.
For commercial facilities, the agreement will utilize the Helio Green Energy Community Investment Fund(TM), which was created with the backing of Citi Community Capital to initially support the installation of up to four megawatts of solar power on qualifying commercial and public sector facilities throughout the U.S.
For the residential market, the agreement will make it possible for Verde Pros to offer the Helio Green Energy Plan to homeowners to generate green electricity with no upfront cost for panels.
"We are pleased to work with Verde Energy, the top photovoltaic lead-generation engine for both commercial and residential solar across the U.S.," said Mo Rousso, President and CEO of Helio mU. "This new agreement reflects our shared vision of increased green energy production in America starting right now."
"The ability to finance solar energy investments helps eliminate the largest barrier to widespread solar adoption in the U.S., and we feel Helio mU's innovative financing approaches are just the answer for our customers," said Rob Powell, Chief Executive for Verde Energy. "This partnership completes our circle to offer customers the ability to understand solar technologies, to find the right installation partner, to secure competitive quotes from experienced professionals and now to finance their solar investments."
