SolarCity to Buy Zep Solar for $158 Million to Cut Costs

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http://www.bloomberg.com/news/2013-10-09/solarcity-to-buy-zep-solar-for-158-million-to-cut-costs.html

SolarCity has scooped up rooftop solar equipment provider Zep Solar for $158 million. The public company is looking to cut costs and solar system installation times and the news is the second acquisition after SolarCity announced back in August that it plans to buy a direct marketing company.

2 Comments

AMack

So will Solar City be raising the prices on selling the Zep product to other solar companies and or cutting off other companies?

kpotter

from what i heard they are honoring current supply contracts but there is no say if they will renew them…i work for vivint solar i sure as hell hope they renew it

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