Real Goods Solar, Inc. (RGSE) Joins Forces with Solarize Connecticut; Shares Skyrocket


RGSE logoInvestors are racing to buy Real Goods Solar, Inc. (NASDAQ:RGSE) shares, following the news that the solar energy firm has been selected by Solarize New Haven to bring solar electricity to homes and business owners in New Haven, Connecticut. Marketing support for the campaign will be provided by SmartPower.

As of this writing, Real Goods Solar shares are rising nearly 34% to $2.28.

Tom Champlin, Director of sales at RGS Energy, commented: “We are thrilled to be joining forces with Solarize Connecticut once again for what we believe will be another successful Solarize program […] We will provide our exceptional service to New Haven, supported by our 31 local Connecticut employees, based out of our 10,000 square foot, centrally located, warehouse in Bloomfield.”

According to Brian F. Keane, President of SmartPower: “Solar just makes sense for homeowners throughout New Haven. We now know that solar ownership increases the property value of our homes, it’s a smart way to control energy costs over the long term and is a good personal investment. So, it’s a real win-win-win for the homeowner. Let’s Solarize!”

Toni Harp, Mayor of New Haven, stated: :The City is bringing Solarize New Haven to residents as part of my administration’s ongoing commitment to increase the adoption of clean energy within this community. It’s important that efforts be made at every level to reduce emissions contributing to climate change. The City has pledged to use 100% renewable energy in its operations and we hope residents will consider doing the same in their homes. I encourage everyone to determine whether or not their home is suitable for solar over the next 20 weeks while the discounted pricing is being offered.”

Real Goods Solar, Inc. is a residential and commercial solar energy engineering, procurement, and construction company. It offers turnkey services, including design, procurement, permitting, build-out, grid connection, financing referrals, and warranty and customer satisfaction activities.