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Vivint Solar was an American provider of photovoltaic solar energy generation systems, primarily for residential customers. The company was established in 2011 as an offshoot of home automation and security company Vivint and was headquartered in Lehi, Utah.
The company primarily used a power purchase agreement (PPA) business model where Vivint Solar installed and maintained a solar system on a customer's home, then sold power to the customer at an agreed upon rate for a set term.
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Vivint Solar offers bundles that combine solar and home security services. The bundles include a Vivint smart hub, security cameras, a smart thermostat, home automation devices and 24/7 monitoring. You can track both your solar and home security devices through the Vivint app.
Vivint Solar was an American provider of photovoltaic solar energy generation systems, primarily for residential customers. The company was established in 2011 as an offshoot of home automation and security company Vivint and was headquartered in Lehi, Utah.
With Vivint's headquarters being in Lehi, Utah, they started offering solar panels in addition to the home solar system. Over time this started to expand, and eventually, Vivint went on to offer solar power systems in 21 states. Sunrun purchased the company in July 2020.
The main solar service from Vivint includes an entire smart home system, truly setting it apart from the rest of the competitors on the market. The Vivint Solar customer gets much more than a few panels installed on their roof.
The company primarily used a power purchase agreement (PPA) business model where Vivint Solar installed and maintained a solar system on a customer's home, then sold power to the customer at an agreed upon rate for a set term.