North Coast Solar Stocks

June 3, 2009

Solar Power, Inc. Sells Two More Yes! Solar SolutionsTM Franchise Territories. Celebrates Grand Opening of First East Coast Energy Outlet.

Filed under: SOPW — Tags: , , — Jason @ 6:00 am

Bozeman, Montana and Pueblo, Colorado to Be Served by the Two Newest Yes! Solar Solutions Energy Outlets.

Wednesday June 3, 2009, 6:00 am EDT

ROSEVILLE, Calif.–(BUSINESS WIRE)–Yes! Solar, Inc., a wholly owned subsidiary of Solar Power, Inc. (SOPW), announced today that it has executed franchise agreements for two additional territories within the states of Colorado and Montana. The newest territories in the Yes! Solar SolutionsTM retail network of are located within Pueblo, Colorado and Bozeman, Montana. The two territories extend national coverage of the growing retail solar franchise network and will introduce the Company’s unique solar energy offerings to approximately 95,000 homeowners as well as the many small businesses within these territories.

The Bozeman, Montana franchise will be operated by owners John and Theresa Huyser, long-time residents of the area. Theresa will manage sales and marketing, while John will focus on managing day-to-day operations. “We look forward to providing our friends, families and the community where we live with a clean, reliable and cost-effective alternative to utility-sourced electricity,” said Ms. Huyser. “The Yes! Solar Solutions franchise business model is a perfect fit for us and our environmentally minded community members.” The Bozeman franchise territory harbors approximately 50,000 owner occupied dwellings and numerous businesses throughout its territory where many residents are engaged in leading green lifestyles.

The Yes! Solar Solutions Pueblo, Colorado territory will be operated by Harvestech, LLC, which is owned by Jared Johnson and Robert Harford. Mr. Johnson is President of Harvestech, LLC and will serve as General Manager of the Yes! operation. Mr. Harford will manage sales efforts. “We will be serving an area that harbors approximately 45,000 owner-occupied homes in a state that offers very generous incentive programs to mitigate rising electricity costs,” said Mr. Johnson. “This Yes! Solar Solutions franchise provides us with a true win-win offering. We are providing the resident of the communities we will be serving with a means to become energy independent while they realize cost benefits and help the environment,” Mr. Johnson concluded.

Both of these Yes! Solar Solutions franchisees are scheduled to begin operations in June, 2009.

In related Yes! franchise developments, Yes! Solar Solutions of the Triangle, North Carolina held its grand opening on May 2 to a warm reception by the local community. The newest energy outlet in the Yes! Solar Solutions franchise network received a great turnout of visitors to their energy outlet’s celebration. “We have a terrific location in the heart of Cary and we couldn’t be more pleased with the way our grand opening went,” said Kathy Miller, one of the partners of the Cary, North Carolina Yes! energy outlet. “Our store looks beautiful and is doing a wonderful job showcasing the many benefits a Yes! home energy system delivers.”

“These two recent additions and the opening of our Cary, North Carolina extend our national reach and add to the experienced group of business professionals operating our energy outlets,” said Jeff Pontius, Executive Vice President for Yes! Solar, Inc. “We look forward to serving the home and business owners within our expanding reach with our solar energy system solutions and a growing number of solar product innovations.” Yes! Solar, Inc. is actively seeking franchisees across the nation to serve a growing interest in and demand for residential and commercial solar energy solutions.

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