LifeStyle Homes and SolarCity To Offer Clean Power In Central Florida

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LifeStyle Homes Will Provide Option for Homebuyers to Choose Affordable Solar Energy

LifeStyle Homes, Inc. of West Melbourne, FL – the area’s leading builder of solar-powered homes – is proud to announce a new partnership with SolarCity (Nasdaq: SCTY), America’s No. 1 full-service solar power provider. This partnership will enable Central Florida homeowners to harvest the sun’s clean and abundant energy to power their homes for less than the typical cost of energy from the utility company.

Under this partnership, SolarCity will install and maintain high-performance rooftop solar systems for LifeStyle homebuyers who opt in to clean power. Each solar system will be custom designed to maximize energy production, and may help homeowners save thousands of dollars by locking in the cost of solar power at a lower rate than they currently pay for utility power. SolarCity offers insurance and repairs for all systems through the duration of a homeowner’s 20-year pre-paid lease, as well as a guarantee of energy production. Homeowners can track their solar system’s performance through a personalized MySolarCity web portal, giving them direct access to view their solar energy production online.

“The LifeStyle team is thrilled to team up with SolarCity to make it even easier for local homeowners to live in a solar-powered home,” says Jordan Luhn, CEO of LifeStyle Homes. “Not only does this partnership make it truly affordable for homeowners to go solar, it once again solidifies LifeStyle’s commitment to clean energy.”

The LifeStyle Homes-SolarCity partnership is an ideal pairing for Florida’s Space Coast. LifeStyle Homes developed the components of its extremely energy-efficient SunSmart℠ homes with the assistance of the Florida Solar Energy Center (FSEC) in Cocoa, FL.

“We’re excited to bring the sun’s benefits directly to Florida’s Space Coast with LifeStyle Homes,” said Walter Cuculic, SolarCity’s national manager of Builder Programs. “Not only is the sun our most abundant natural resource, but solar power can help homebuyers save money on energy costs while also protecting the environment.”

LifeStyle’s first model home powered by SolarCity will be a four-bedroom, three-bathroom, 3,289 square-foot St. Croix model (with pool) located in the new Pineda Springs community in Melbourne, FL. The home will use a 6.5 kW system to produce a near net-zero performance. Those interested in learning more about this home can contact (321) 727-8188.

LifeStyle Homes is making SolarCity solar systems available to every new homebuyer in its communities. For more information, please visit http://www.BuildingALifeStyle.com.

About LifeStyle Homes, Inc.

Founded in 1984, LifeStyle Homes, Inc. is a family-owned homebuilder on Florida’s East Coast. Each new home by LifeStyle is built SunSmart℠ and guaranteed to score a 60 or lower on the HERS Index. LifeStyle has won many awards for its solar-powered homes, including the Florida Home Builders Association (FHBA)’s Aurora Award for the best solar-energy home, which was presented to LifeStyle at the 2011 Southeast Builders Conference; as well as the North American Net Zero Energy Production Home of the Year, which was awarded by the Net Zero Energy Home Coalition in Canada.

About SolarCity

SolarCity® (NASDAQ: SCTY) provides clean energy. The company has disrupted the century-old energy industry by providing renewable electricity directly to homeowners, businesses and government organizations for less than they spend on utility bills. SolarCity gives customers control of their energy costs to protect them from rising rates. The company offers solar power, energy efficiency and electric vehicle services, and makes clean energy easy by taking care of everything from design and permitting to monitoring and maintenance. SolarCity currently serves 14 states and signs a new customer every five minutes. Visit the company online at http://www.solarcity.com and follow the company on Facebook & Twitter.

This release contains forward-looking statements including, but not limited to, statements regarding expected electricity offsets, statements regarding potential savings, and assumptions relating to the foregoing. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements 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. You should read the section entitled “Risk Factors” in our quarterly statement on Form10-Q, which has been filed with the Securities and Exchange Commission, which identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.

LifeStyle PR contact:
Karen Hufford
Marketing Director
Karen(at)BuildingALifeStyle(dot)com
(321) 727-8188 ext. 328

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Molly Canales
SolarCity
650-963-5674
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