SolarCity and CastleRock Communities Offer Solar Systems on New Homes in Texas

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Solar Can Help CastleRock Homeowners in Austin, Houston and San Antonio Areas Cut Their Electric Bills and Go Green

CastleRock Communities, a leading Texas homebuilder, and SolarCity, (Nasdaq: SCTY), America’s No. 1 full-service solar power provider, have teamed up to offer solar power as an option on every new home in CastleRock’s 42 communities in the Austin, Houston and San Antonio areas. CastleRock homeowners who opt for solar may be able to cut their utility bills by hundreds of dollars per year and may lock in their solar electricity costs for decades into the future, shielding themselves from utility rate increases.

“CastleRock is very excited about the opportunity to provide our customers with the power to choose what kind of energy they prefer for their new CastleRock home,” said Lance Wright, EVP/Partner for CastleRock Communities. “We’re also pleased to offer a new way for our homeowners to save, along with the chance to see how solar works first hand.”

For customers who choose to go solar, CastleRock homes less than 2,500 square feet will be equipped with a 4-kilowatt array, while larger homes will sport 6-kilowatt systems. SolarCity provides free installation, and solar electricity payment is rolled into each customer’s mortgage payment.

“Our solar offering will give CastleRock customers greater control over their electricity bills,” said Walter Cuculic, SolarCity’s national manager of Builder Programs. “CastleRock homeowners will have the opportunity to use clean, renewable energy for years to come and may be able to count on a stable electricity bill, even if utility rates rise.”

In addition to the financial savings, CastleRock homebuyers will enjoy the satisfaction of knowing that their choice of living in a solar-powered home reduces their individual carbon footprint. Every standard 4 kW system in a CastleRock home will cut the homeowner’s carbon-dioxide (CO2) emissions by more than half.*

With three different series of homes, CastleRock Communities offers a variety of options to fit every family's lifestyle. The entry-level Cobalt Series, with family-friendly floor plans, is designed for first-time homebuyers. Silver Series homes are suitable for growing families looking for a little more space. Gold Series homes, from 2,300 to over 4,000 square feet, boast two-story ceilings, large open kitchens and unique architectural designs. These homes are available with 2-, 4- and 6-kilowatt solar systems, respectively. Silver and Gold Series homes are also Energy Star Certified.

SolarCity provides homebuilders like CastleRock Communities across the country with full-service solar services that include customer service, real-time monitoring, and repairs for their homebuyers for the lifetime of the system. Locally, SolarCity’s employees are active members of the Greater Houston Builders Association, Build San Antonio Green, Solar San Antonio, the Greater San Antonio Builders Association, the Association of Builders and the National Association of Builders.

About CastleRock Communities

CastleRock Communities was conceived for one purpose: to provide a solid foundation for our customers, our employees and our trade partners to build their futures. We believe that a homebuilder should do more than just build homes. We believe that we have a responsibility to build “Community.” Our 42 communities in the Houston, San Antonio and Austin areas offer a variety of homes suitable for customers ranging from the first-time homebuyer to those seeking a luxury lifestyle. Information:

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 and follow the company on Facebook & Twitter.

This release contains forward-looking statements including, but not limited to, statements regarding expected savings, expected electricity offsets 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 registration statement on Form S-1 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.

  • Calculations are based on agreement terms of 20 years and based on data from the National Renewable Energy Laboratory.

For CastleRock Communities
Ashley Rust
(713) 600-7090

For SolarCity
Zan Dubin Scott
(310) 392-1130

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