Home Solar Power Discounts – A New Employee Benefit
Have you been interested in home solar systems, but didn’t think you could afford one? Now, some companies are offering discounts on home solar systems as an employee benefit. Cisco Systems, 3M, Kimberly-Clark, and National Geographic have partnered with Geostellar, an online marketer of solar systems, to allow their employees to buy or lease solar systems 34 percent lower than the average national price and 17 percent lower than Geostellar’s regular price.
As in the case with discounted group health insurance, the program, conceived of by World Wildlife Fund, aims to use the bulk buying power of employees to allow for discounted prices. For Geostellar, it offers a great way to reduce one of the highest costs for solar businesses, the cost of attracting new customers. For the companies, the arrangement offers a way to attract and retain a work force that is increasingly attuned to the environment and to the steps employers take to preserve it.
Diane Cardwell, Business Day reporter for The New York Times
Expanding the notion of corporate benefits beyond discounted health club memberships and low insurance rates, a group of major companies is set to offer employees access to cheaper solar systems for the home.
Under an arrangement announced Wednesday, employees of the companies — Cisco Systems, 3M, Kimberly-Clark and National Geographic — will be able to buy or lease solar systems for their homes at rates substantially lower than the national average, executives said. The program, offered through Geostellar, an online marketer of solar systems, will be available to more than 100,000 employees and will include options for their friends and families in the United States and parts of Canada.
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