Real Goods Solar to Power 18 Stockton Unified School District Schools and Facilities with Solar Energy
1. Real Goods Solar to Power 18 Stockton Unified School
District Schools and Facilities with Solar Energy
Real Goods Solar to Power 18 Stockton Unified School District Schools and Facilities with Solar
Energy
5.1 MW Project Expected to Save School District $600,000 in Energy Costs in First Year Alone
LOUISVILLE, Colo., April 24, 2013 (GLOBE NEWSWIRE) -- RGS Energy, the commercial and utility
division of Real Goods Solar, Inc (Nasdaq:RSOL), and Smart Energy Capital (SEC), will provide
Stockton Unified School District (SUSD) with 5.1 megawatts (MW) of solar power that will bring
clean energy to 18 SUSD schools and facilities in California. The solar installations are expected to
save the district $600,000 in the first year, which will directly benefit school programs and services
district wide.
The systems will allow the district to pay less for solar electricity over the course of the 25-year
power purchase agreement (PPA), provided by SEC, a leading solar development and finance
company. Moreover, the photovoltaic solar systems will deliver environmental benefits to the region,
eliminating over 290 million pounds of annual carbon dioxide emissions, which is the equivalent of
taking roughly 1,000 cars off California's roads each year (according to the EPA calculator).
"Going solar provides an exceptional real-world learning opportunity by reducing energy costs to
free up funds that can be used to improve educational facilities and launch new learning programs
for students," said SUSD Superintendent Dr. Steve Lowder. "We are proud to invest in renewable
energy and set an example of environmental leadership."
SUSD, by working with RGS Energy and SEC, is now able to go solar with no upfront cost and pay
less for solar electricity than they currently pay for utility power. RGS Energy, which has operations
centers in numerous states, including California, will be responsible for construction, maintenance
and monitoring of the systems.
Stockton Unified will join school districts across the state in benefiting from California's Net
Metering policy, which credits solar customers for the surplus clean energy their systems send to
the grid. The SUSD solar project will provide clean electricity for use by the schools during the day,
and reduce the need for expensive peak power utility production.
2. "We have successfully deployed solar energy systems at many schools and academic institutions and
are always impressed by the great value proposition that solar brings to the educational sector in
particular," said Real Goods Solar CEO, Kam Mofid. "RGS Energy is delighted to help the Stockton
Unified School District achieve its goals of fiscal responsibility, educational excellence and
environmental stewardship."
The project is comprised of more than 17,000 solar panels that will sit atop parking lot carports on
the campuses, including the district's four comprehensive high schools. Providing both shade and
solar power, these installations will also afford students with firsthand demonstrations of how solar
technology works, and of solar energy's benefits to the classroom, where students can view the
school's real-time energy production through online monitoring.
RGS Energy, who has designed and installed nearly 50 MW of solar power on schools, universities
and colleges across the nation, expects to complete the project - valued at approximately $20 million
- in 2013 and 2014.
About Stockton Unified School District
Stockton Unified School District, headquartered in Stockton, California, is made up of elementary,
high and specialty schools that service the majority of Stockton students.
About Smart Energy Capital
Smart Energy Capital, LLC ( www.smartenergycapital.com ) is a leader in the financing and
development of solar energy projects for commercial, government and utility customers. The
Company manages the development, financing, installation and operations of distributed power
plants throughout the United States. The Company maintains extensive relationships with a wide
range of lenders and investors.
About Real Goods Solar and RGS Energy
Real Goods Solar, Inc. (RSOL) is one of the nation's pioneering solar energy companies serving
commercial, residential, and utility customers. Beginning with one of the very first photovoltaic
3. panels sold in the U.S. in 1978, the company has installed more than 14,500 solar power systems
representing over 100 megawatts of 100% clean renewable energy. Real Goods Solar makes it very
convenient for customers to save on their energy bill by providing a comprehensive solar solution,
from design, financing, permitting and installation to ongoing monitoring, maintenance and support.
As one of the nation's largest and most experienced solar power players, the company has 15 offices
across the West and the Northeast. It services the commercial and utility markets through its RGS
Energy division. For more information, visit RealGoodsSolar.com or RGSEnergy.com, on Facebook at
http://facebook.com/realgoodssolar and on Twitter at http://twitter.com/realgoodssolar.
Forward-looking Statements
This press release includes forward-looking statements relating to matters that are not historical
facts. Forward-looking statements may be identified by the use of words such as "expect," "intend,"
"believe," "will," "should" or comparable terminology or by discussions of strategy. While Real Goods
Solar believes its assumptions and expectations underlying forward-looking statements are
reasonable, there can be no assurance that actual results will not be materially different. Risks and
uncertainties that could cause materially different results include, among others, introduction of
new products and services, completion and integration of acquisitions, the possibility of negative
economic conditions, and other risks and uncertainties included in Real Goods Solar's filings with
the Securities and Exchange Commission. Real Goods Solar assumes no duty to update any forward-
looking statements.
CONTACT: Media and Investor Relations Contact:
Ron Both
Liolios Group, Inc.
Tel (949) 574-3860
RSOL@liolios.com