Published:
Helio mU Introduces the Helio Green Energy Plan(TM) for Residential Solar Power With No Upfront Costs
BERKELEY, Calif., June 16 /PRNewswire/ -- Helio Micro Utility, Inc. (Helio
mU), a residential green energy provider, today announced The Helio Green
Energy Plan(TM), a revolutionary way for homeowners to go solar. Unlike a
traditional photovoltaic system purchase that relies on a large cash
investment or financing, the Helio Green Energy Plan(TM) does not require an
upfront payment for panels. Consumers pay only for solar electric power --
not panels -- at pricing below their utility's electric rates. The Helio
Green Energy Plan(TM) is initially available to homeowners inSanta Monica and
other selectCalifornia markets. Helio mU Chief Executive Officer Mo Rousso
will unveil the program at tonight's Solar Santa Monica summit on financing
residential solar power systems.
"Financing a residential solar panel system, particularly in our current
economy, has been the major stumbling block for even the most enthusiastic
green consumer," said Mo Rousso. "The Helio Green Energy Plan(TM) puts the
power of choice into the hands of the consumer. Now they can save money and
the environment. The program will also greatly accelerate the adoption of
solar power inCalifornia."
The Helio Green Energy Plan(TM) is based on a financial model successfully
utilized by commercial and government electricity users. "We set out to
create a way for homeowners to buy green power at a lower price than brown,"
said Gregory Rosen, HmU's Vice President of Project Finance. "The Helio Green
Energy Plan(TM) accomplishes this mission and much more. The homeowner only
pays for the power the system on their roof generates. This power is based on
a fixed rate. There is no upfront system cost to the homeowner to install and
manage the solar panels on their roof. All maintenance and monitoring is
provided with no charge to the homeowner."
TheSanta Monica event, Solar by the Numbers: 2008 Financing Options for
Home Solar Systems, is being held tonight at the Santa Monica Main library.
For more information visit the Solar Santa Monica website at
http://www.solarsantamonica.com/main/index.html.
About Helio Micro Utility (Helio mU): Helio mU offers innovative
financial products engineered to meet the growing demands of the renewable
energy market. The Company currently is focused on providing solar electricity
to residential, commercial and not-for-profit customers with little or no
initial capital outlay though long term Power Purchase Agreements (PPAs). The
Helio Green Energy Plan(TM) guarantees customers receive cost-effective and
predictable energy pricing and maximum system performance over the life of the
agreement. For more information please call toll free 1 866 862 2806 or visit
us at http://www.heliomu.com and http://www.buypowernotpanels.com.
The statements made in this press release, which are not historical facts,
contain certain forward-looking statements to which this release pertains. The
actual results of the specific items described in this release, and the
company's operations generally, may differ materially from what is projected
in such forward-looking statements. Although such statements are based upon
the best judgments of the company, significant deviations in magnitude, timing
and other factors may result from business risks and uncertainties including,
without limitation, the companies' dependence on third parties, market
conditions, technical factors and other factors, many of which are beyond the
control of the companies mentioned in this release.
SOURCE Helio Micro Utility, Inc.
Copyright © 2009, PRNewswire
Copyright © 2009, NewsBlaze,
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