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REC SOLAR Expands Colorado Operations

Released on: May 22, 2008, 11:12 am

Press Release Author: Natalie Rozier/REC Solar

Industry: Energy

Press Release Summary: One of the state’s largest residential installers adds
commercial division

Press Release Body: WESTMINSTER, CO—May 22, 2008 -- REC Solar, a rapidly growing
provider of residential and commercial solar electric systems, today announced that
due to attractive incentives available to Colorado businesses it is expanding its
Colorado operations to include a commercial division at 9032 Marshall Court in
Westminster. In addition to its fast growing residential business, the San Luis
Obispo, California-based company will also begin offering commercial solar electric
installations to businesses throughout the state.

“REC Solar is excited about expanding our presence in Colorado and working with
businesses that see the triple bottom line benefits of solar,” said Angiolo
Laviziano, CEO of REC Solar. “For the past three years the solar industry in the
United States has grown an average of 40% each year. However, REC Solar expects to
see a 275% increase in its business in Colorado. With its terrific incentives and
progressive populace, Colorado is poised to be a solar leader—creating green-collar
jobs that boost the economy and benefit the environment.”

Currently REC Solar has over a dozen full time employees in Colorado and is
projecting a significant increase in solar installations in the state. The company
also expects to more than double personnel in 2008 and is actively looking to hire
in the state.

“Colorado’s commitment to solar energy started with the passage of Amendment 37 and
has grown under the leadership of Governor Bill Ritter, the State Legislature and
Xcel Energy,” said Laviziano. “With 300 days of sunshine a year and a political and
business climate that encourages renewables, we believe Colorado is positioned to be
a true leader in the new energy economy.

In 2004, voters in Colorado approved Amendment 37, a renewable energy portfolio
standard that required the state's largest utilities to obtain 10 percent of their
electricity from renewable energy resources by 2015—the first and only time in U.S.
history that a standard was ratified by voters rather than processed through a
State's Legislature. Since then, State Legislators have doubled the renewable
requirement, and state and local governments have taken additional steps to
encourage solar and renewable development.

“Colorado consumers and businesses are savvy about solar,” said Cary Hayes, Colorado
Sales Manager for REC Solar. “Our goal is to expand our services to provide Colorado
businesses with a simple one-stop process to install solar electric systems.”

“From financing to design and installation, we help businesses realize generous
financial returns from solar,” Hayes added.

REC Solar’s Colorado offices are located in Westminster at 9032 Marshall Court and
can be contacted at (303) 577-9630, or toll free (888) OK-SOLAR.

About REC Solar, Inc.
REC Solar, Inc. is an industry-leading solar power provider specializing in
grid-tied residential and commercial installations. With a local presence in all
major solar markets in the USA and with millions of watts installed, REC Solar is
committed to lowering the cost of solar power through efficient processes,
innovative products, and outstanding customer service. REC Solar is among the
nation’s largest solar integrators and currently has offices throughout 6 states
(AZ, CA, CO, HI, OR and NJ). REC Solar is continuing its rapid expansion into other
states and has the capability to implement solar installations in every location as
incentives become available. For additional information on REC Solar visit
www.recsolar.com or call 1-888-OK-SOLAR (888-657-6527).



Web Site: http://recsolar.com/cm/Home.html

Contact Details: Contact:
REC Solar, Inc.
Natalie Rozier
(805) 284-7778
nrozier@recsolar.com

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