SolarCity Partners with BMW – i3 and i8 Owners to Receive 10% Discount on Home Solar

NOV 17 2013 BY MARK KANE 7

A Typical 2 kW Solar Install

A Typical Solar Install

SolarCity (yes, of which Elon Musk is the Chairman), which is BMW’s preferred solar provider, announced that, together with BMW, it will prepare a special offer for owners of the new BMW i vehicles as a feature of BMW’s “360° Electric” Package.

The offer is to buy a BMW i3 or i8 and sign with SolarCity to get a 10%t discount on SolarCity’s home solar:

“As part of the partnership, BMW i owners will receive a 10-percent discount on SolarCity’s home solar offer with flexible financing options, including options with no upfront installation cost and 20 years of locked-in solar energy rates. The discount will be available with the purchase of any BMW i vehicle at all participating BMW i Centers in SolarCity’s 14-state service territory. SolarCity makes it possible for many homeowners to install solar panels with no upfront costs, and pay less for solar electricity than they currently pay for utility bills, with insurance, repairs and monitoring service included.”

Rob Healey, BMW’s EV Infrastructure Manager remarked:

“Experience with our MINI E and ActiveE field trials has demonstrated that driving electric is a lifestyle, where customers gain a keen understanding of their driving habits beyond driving and are often inspired to find ways to live more sustainably. With help from SolarCity, BMW i customers will have the opportunity to maximize the commitment to sustainability. This reinforces the entire concept behind the BMW i3, which is engineered and produced by the most sustainable manufacturing process in the automotive industry.”

SolarCity CEO Lyndon Rive stated:

“This partnership makes the more sustainable fuel option—emissions-free solar electricity—also the more affordable one. By making renewable energy far more accessible and affordable for its customers, BMW is helping to bring clean transportation into the mainstream.”

In the latest 10-Q, SolarCity stated that cumulative energy contracts (“a residential, commercial, or government lease or power purchase agreement pursuant to which consumers use or will use energy generated by a solar energy system that we have installed or have been contracted to install”) was 72,506 units at the end of September, versus 40,685 at the end of 2012. This mean that SolarCity will probably double its number of customers at the end of the year.

On the energy side, we see even higher growth – cumulative megawatts deployed almost doubled after just 9-months (average power deployed grew from about 5.9 kW to 6.4 kW:

SolarCity's cumulative megawatts deployed

SolarCity’s cumulative megawatts deployed

SolarCity’s service territory includes:

  •     Arizona
  •     California
  •     Colorado
  •     Connecticut
  •     Delaware
  •     Hawaii
  •     Maryland
  •     Massachusetts
  •     New Jersey
  •     New York
  •     Texas
  •     Washington
  •     Washington D.C.

Categories: BMW, Charging


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7 Comments on "SolarCity Partners with BMW – i3 and i8 Owners to Receive 10% Discount on Home Solar"

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Yeah, that is… unless one realizes that, even with discounts like this, SolarCity remains more expensive than any serious, local installer (who probably will be the one doing the work anyway).

I got way more for my money by going with SolarCity. After getting several quotes they ended up being less money for a higher output system. Plus, they even changed out my electrical panel (which wasn’t originally quoted) but still kept their quote the same. That was in the summer of 2011 — maybe things have changed since then.

Excellent. 🙂

Wonder if this will make the Musk thanksgiving awkward this year…

Interesting that here in Upstate, New York, where there are a mix of mostly private, but some municipal utilities, the main provider is British owned National Grid. Friends who have NG as their provider (my house included), and called SolarCity have been told, ” We’re sorry, we can’t help you” (!!!).

Knowing that National Grid gives you 12 cents/ kwh back on electricity you will eventually use anyway (using their facilities as a Piggy Bank for electricity), and only pay 6 cents on the yearly excess, I would think that would be sufficient financial incentive for SolarCity to be profitable in NG service areas. They apparently don’t think its lucrative enough .

Solar panels and electric cars are a perfect match for each other. You can cut out gasoline and electricity costs at the same time! EnergySage has a great blog about how combining solar and electric vehicles makes perfect financial and environmental sense –