Company Making Solar Energy More Accessible to Homeowners in a Challenging Economy Due to COVID-19 Pandemic.

SunPower Corp. (NASDAQ:SPWR) today introduced an unparalleled new solar promotion to provide energy savings and security to U.S. families in immediate need of payment flexibility.

For zero down and the first six payments covered by SunPower through a VISA Reward Card Rebate1, qualified customers can access the most efficient home solar panels on the market. This new offer is available on 20-year loans offered by SunPower or select SunPower leases signed by May 31, 2020. As with all SunPower® systems, homeowners will also benefit from the industry's most comprehensive 25-year warranty.

"Americans are facing a challenging environment right now and we want to make it easier for them to go solar, lowering their electric bills as soon as possible, while offsetting the cost of the system for six months," said Norm Taffe, executive vice president of North America Channels. "Through our online energy consultations, homeowners can access electricity savings without leaving the comfort and safety of their homes. Additionally, customers can rest assured that SunPower solar installations are completed in a safety conscious manner."

For customers wishing to purchase a solar system outright, or finance with a 10-year or 15-year loan, SunPower also announced a $1,036 VISA Reward Card rebate2 on qualifying systems. These offers ensure homeowners can access clean energy and solar savings, regardless of their needs. 

Shopping for Solar From Home

Consumers have multiple ways to easily and quickly learn about SunPower solar through innovative digital options.  

• SunPower Design Studio can be accessed from a mobile device or computer, allowing homeowners to enter their address and estimated monthly electric bill into a special web app.
• Operational since last summer, SunPower's fully online energy consultants work with new customers providing assistance from consultation through the contract process.

Residential Solar Business  

Last year, SunPower's U.S. residential business saw annual deployment growth of more than 15 percent bringing the total number of American homes with SunPower® solar to over 319,000. The company has:

• Recognized an increased demand for its SunPower Equinox® platform – the only fully integrated residential solution designed, engineered and warranted by one manufacturer;
• Expanded its leadership position in the new homes channel, partnering with 18 of the top 20 California new-home builders; and
• Continues to raise the efficiency bar, boasting the most powerful residential solar panel in the world. The SunPower A-Series panels are built using the company's Next Generation Technology and deliver up to 420 watts for U.S. homeowners.

To learn more about SunPower's complete residential solar solutions, visit www.sunpower.com.

About SunPower
As one of the world's most innovative and sustainable energy companies, SunPower (NASDAQ:SPWR) provides a diverse group of customers with complete solar solutions and services. Residential customers, businesses, governments, schools and utilities around the globe rely on SunPower's more than 30 years of proven experience. From the first flip of the switch, SunPower delivers maximum value and superb performance throughout the long life of every solar system. Headquartered in Silicon Valley, SunPower has dedicated, customer-focused employees in Africa, Asia, Australia, Europe, and North and South America. For more information about how SunPower is changing the way our world is powered, visit www.sunpower.com.

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