SolarCity - The Hot shit!


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Business presentation on SolarCity for MGMT Class @University of West Georgia.

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SolarCity - The Hot shit!

  1. 1. Presented by:Fridge Organíc! 
  2. 2. SOLARCITY : MISSION SolarCity is a national leader in clean energy services. Their approach is to install systems to the highest engineering standards while making the switch simple for customers. Customers get a cleaner, more affordable alternative to their monthly utility bill. SolarCity calls this Better Energy™
  3. 3. SCOPE OF OPERATIONS (14STATES) Arizona  New Jersey California  New York Colorado  Oregon Connecticut  Pennsylvania Delaware  Texas Hawaii  Washington Maryland  Washington D.C. Massachusetts  No Georgia!
  6. 6. BUSINESS MODEL Better technology and a sustainable business model is helping power a growing movement to cleaner more affordable energy from the sun. It is easy for customers to switch to cleaner energy. SolarCity takes a comprehensive look at the customers energy usage and identifies opportunities for improvements. They provide the full service - from permissions, designing through installation, live-monitoring and repairs. They also guarantee performance of the energy systems. They do all their work in-house without involving third-party contractors. They’re single-point of contact for all energy needs.
  7. 7. RESULTS! Successfully reduce the cost of clean energy. Set up charging station for fleet of fuel efficient vehicles. Accurately brought down homeowners electricity bill per month. Serves 14 states, 25000 customers with 25 local operating centers. Helps the environment by wasting less energy and requiring less new energy production (energy efficiency) Recognized with environmental leadership awards by Aspen Institute and Acterra. Recognized as the a Green Power Supplier of the year by DOE in 2010 Better for the planet, better for your pocketbook, and better for your energy-focused lifestyle.
  8. 8. TIMELINES 2006 - Founded by Peter & Lyndon Rives. HQ in San Mateo, CA. 2007 - Becomes the leading provider of residential solar power in CA 2008 - Actively providing solar services to business, government, and non-profit organizations. Completed solar installation for eBay. 2009 - Introduces new financing options - zero upfront costs for residences and new options for businesses. 2010 - Acquires Building Solutions, a software-enabled home energy audit firm and begins to offer energy efficiency evaluations and upgrades. 2011 - $280 million partnership with Google. 2012 - SolarCity is named #10 on Fast Companys list of the 50 most innovative companies in the world. 5000 solar panels on 14 Boulder Valley District Schools. $1 Billion project for U.S. Military.
  9. 9. MANAGEMENT TEAMLyndon Rive, Founder &CEO Peter Rive, COO & CTO SolarCity was founded in July, 2006 based on a suggestion for a solar company concept from Elon Musk.
  10. 10. WHO IS ELON Co- founderMUSK? CEO & Chairman CEO & Founder Chairman, SolarCity.
  11. 11. EMPLOYEES
  12. 12. 8 TEAM-VALUES1. We Are Teammates2. We are Innovators who Welcome Change3. We Change the World for the Better4. We Act with Honesty and Integrity5. We Provide Quality Workmanship6. We Strive to Exceed Customer Expectations7. We Are Anchored in Safety8. We Strive to Lower Costs
  14. 14. EMPLOYEE BENEFITS Full medical, dental, and vision; flexible spending accounts for employees and eligible dependents 401k plan Pre-public stock options Customer and employee referral bonus program Carpooling, rideshare and bike to work coordination Earth Team - volunteer groups Annual company parties
  15. 15. EMPLOYEE MOTIVATION G0C1eV0rLpOJ2Yg&index=8&feature=plcp&noredirect=1
  16. 16. EMPLOYEE MOTIVATION Young, smart, professionals committed to sustainability Friendly, fun-loving, driven & dedicated atmosphere: One team. Fast paced environment and limitless opportunities. Challenging and creative job roles. Rapidly growing Industry - SolarCity is the market leader. Proudly travel to work in Priuses, Teslas and bicycles over SUVs. Directly impact the growth of solar energy and decrease dependence on non-renewable energy in the United States. Off-setting negative impact of carbon based fuels on the environment and positively impacting our world.
  17. 17. The next big thing (2017) - Fridge Organíc WWW.FACEBOOK.COM/COOLFRIDGE JOIN: THE EVOLUTION PAGE (FB)
  18. 18. SOME NOTES - The federal tax credit alone covers 30% of the solar system cost, and combined with additional state and utility rebates, your net cost of a solar system can be up to 50% off the retail price! Join the clean, affordable energy revolution!