KETTERING, Ohio, Dec 26, 2007 (BUSINESS WIRE) -- GE Money and Yes! Solar Solutions(TM: 107.70, -1.17, -1.07%), a retail outlet for solar-powered modules and panels, today announced a new multi-year relationship to provide revolving and installment consumer loans on solar products. Loans are provided through the GEOSmart Financing program, managed by GE Money's Sales Finance unit and are available through the Yes! retail energy outlet in Sacramento, Calif.
"Installing a solar power system is equivalent to prepaying for 40 years of power at a fraction of the cost you currently pay," said Jeff Winzeler, president for Yes! Solar Solutions. "We're excited to offer the GEOSmart Loan program, making it more convenient and easily affordable for homeowners to make a positive impact on their homes and the environment."
"The advantages of using solar power are compelling," said Bruce Christensen, vice president and general manager, Home Improvement industry, GE Money - Sales Finance. "At GE, we're committed to doing our part in providing earth-friendly products and services, and we're excited to partner with Yes! Solar Solutions on this new financing program tailored for consumers purchasing renewable energy products."
Yes! Solar Solutions plans additional energy outlet franchise locations throughout California. Consumers visiting these outlets can learn how sunlight is converted to electricity, as well as how the solar systems are installed and the economic and environmental benefits they deliver.
The Yes! energy outlet has been designed to educate, involve and engage homeowners with Yes! Solar Solutions' proprietary solar power systems, which are designed to reduce or eliminate their electricity expense year round. In addition to home energy systems, the retail outlet carries a solar-centric product line, which includes educational products, fun and entertaining solar-powered devices, and many daily use items as well. The Yes! solar solutions retail facility provides visitors with a unique and informative experience and provides them with a single source for solar energy solutions.
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