Vivint Solar has announced it will roll out a sales presence in more than 200 Home Depot stores across eight states. By the end of June 2019, Vivint Solar will have representation in 206 stores in Delaware, Florida, Maryland, New Hampshire, Nevada, Pennsylvania, Utah and Virginia.
“Millions of shoppers visit The Home Depot actively seeking ways to improve their homes, and Vivint Solar does just that through simple and affordable home power solutions,” said Vivint Solar CEO David Bywater in a blog post. “As solar gains consumer attention, our in-store team is there to provide helpful guidance and assist shoppers hoping to learn if their home is a good solar candidate and see how much they could save on utilities.”
Vivint Solar will serve as Home Depot’s exclusive residential solar vendor in each of previously mentioned eight states. Shoppers at those store locations today can get Vivint Solar information from Home Depot store reps or at www.homedepot.com/vivintsolar.
The Home Depot collaboration marks Vivnt Solar’s first entry into widespread brick-and-mortar retailing. The solar company has primarily used direct-to-home sales and specialty tele-sales teams.
Also announced this week, Sunrun will enter Home Depot stores in 15 unspecified states.
Tesla (and SolarCity before it) had kiosks in almost 800 Home Depot stores before ending the relationship last summer. Now Tesla’s main residential installation competitors are filling in the gaps.
Home Depot is a losing channel for both Sunrun and Vivint.
Sunrun’s acquisition costs have gone through the roof now
that they have partnered with Home Depot.
Sunrun actually pays more money in labor costs and loses a ton of money in Home Depot
Those comments are ridiculous. How could anyone sell solar in any market that doesn’t reduce what a homeowner is currently paying? Answer: They couldn’t. And 2.9 increase annually wouldn’t raise their bill annually more than 1/2 cent per year. And that’s in the high priced markets.
Vivint Solar is one of the most dishonest businesses in the United States. From the first moment you have contact with them, which is usually via the salesmen, they lie through and through. Even in their contract, there is nothing but outright lies. On the first page, it states, “We will not place a lien on your property, but will record a notice of our ownership of the System”. Well, if that’s not a play in words, nothing is. It’s synonymous. Try to go and refinance your house and you will see what they placed on your property. A LIEN. As per the Secretary of State of PA, a Secondary Lien was placed on our home be Vivint Solar. You cannot do anything to you contact Vivint and speak with one of their rude customer service representatives to ask them to take care of this LIEN. (not all of them are rude, but the majority are). We were told it will take 7-10 business days to remove the thing they say is not a LIEN in order to proceed with your refinancing. By then, rates can go up a lot because of their laziness. If you make threats and demand it be removed immediately, it takes less than an hour. It’s amazing, isn’t it? Then, the LIEN is placed right back on your deed 60 days later. SMH. Another deception was the lines of nonsense the salesman told us about how the electric bills with our provider were increasing all these percentages every year. Here we find this to be a big lie, also. Our provider has only raised it’s rates 0.2% in 10 years. Needless to say, what we pay Vivint for the production of solar energy by far exceeds what we ever paid our local electric company and Vivint wants to raise their rates 2.9% every year. By year 10, we will be paying about $1000/month just to Vivint for out solar production Where’s the savings in this? The last thing I’m going to mention at this time is the dilemma when you go to sell your house. This is the best one. So, if the new buyers are smart and want no parts of the solar panels/contract, Vivint will charge you for the estimated amount of solar energy which the panels would have produced for a full 20 years. HAHA!!! Go green my butt. The only thing getting green is Vivint’s pockets. Anyone who is interested in one of these schemes, please think again. You are not saving anything. You are actually losing much money.