SolarCity - The Hot shit!

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Presented by: Fridge Organíc!

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

Transcript of SolarCity - The Hot shit!

  • 1. Presented by:Fridge Organc!

2. SOLARCITY : MISSION SolarCity is a national leader in clean energyservices. Their approach is to install systems to the highestengineering standards while making the switchsimple for customers. Customers get a cleaner, more affordablealternative to their monthly utility bill. SolarCity calls this Better Energy 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! 4. CUSTOMERS & CLIENTS 5. BUSINESS MODEL 6. BUSINESS MODEL Better technology and a sustainable business model is helpingpower a growing movement to cleaner more affordable energyfrom the sun. It is easy for customers to switch to cleaner energy. SolarCitytakes a comprehensive look at the customers energy usage andidentifies opportunities for improvements. They provide the full service - from permissions, designingthrough installation, live-monitoring and repairs. They alsoguarantee performance of the energy systems. They do all their work in-house without involving third-partycontractors. Theyre single-point of contact for all energy needs. 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 operatingcenters. Helps the environment by wasting less energy and requiring lessnew energy production (energy efficiency) Recognized with environmental leadership awards by AspenInstitute and Acterra. Recognized as the a Green Power Supplier of the year by DOE in2010 Better for the planet, better for your pocketbook, and better foryour energy-focused lifestyle. 8. TIMELINES 2006 - Founded by Peter & Lyndon Rives. HQ in San Mateo, CA. 2007 - Becomes the leading provider of residential solar power inCA 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 forresidences and new options for businesses. 2010 - Acquires Building Solutions, a software-enabled home energyaudit firm and begins to offer energy efficiency evaluations andupgrades. 2011 - $280 million partnership with Google. 2012 - SolarCity is named #10 on Fast Companys list of the 50most innovative companies in the world. 5000 solar panels on 14Boulder Valley District Schools. $1 Billion project for U.S. Military. 9. MANAGEMENT TEAMLyndon Rive, Founder &CEOPeter Rive, COO & CTOSolarCity was founded in July, 2006 based on a suggestion for a solar company concept from ElonMusk. 10. WHO IS ELONCo- founderMUSK? CEO & ChairmanCEO &Founder Chairman, SolarCity. 11. EMPLOYEES 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 13. EMPLOYEE SALARY 14. EMPLOYEE BENEFITS Full medical, dental, and vision; flexible spending accounts foremployees 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. EMPLOYEE MOTIVATION http://www.youtube.com/watch?v=g_7mMfaQX88&list=FLI7ea43jG0C1eV0rLpOJ2Yg&index=8&feature=plcp&noredirect=1 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 decreasedependence on non-renewable energy in the United States. Off-setting negative impact of carbon based fuels on theenvironment and positively impacting our world. 17. The next big thing (2017) - Fridge OrgancWWW.FACEBOOK.COM/COOLFRIDGE JOIN: THE EVOLUTION PAGE (FB) 18. SOME NOTES - The federal tax credit alone covers 30% of the solar system cost,and combined with additional state and utility rebates, your netcost of a solar system can be up to 50% off the retail price! Join the clean, affordable energy revolution!