SAN FRANCISCO, CA and HUNTINGTON BEACH, CA — (Marketwire) — 10/17/11 — , the leading provider of integrated sales and financing solutions for the solar industry, today announced it has partnered with Galkos– to provide residential financing and support GCI Energy–s expansion into Bakersfield, Calif. GCI Energy–s new financing and expansion will support green job creation in the Central Valley.
Currently in its fourth decade, expanded into the solar installation business in 2009. Today, it is one of the largest residential solar integrators in California. Galkos initially went to market by offering direct ownership of residential solar systems through customer purchase. As the company grew, Galkos determined that offering affordable residential solar financing would be important for increasing sales, but options to secure that financing were limited. Galkos now offers all financing options for its customers by partnering with Clean Power Finance.
“Financing is an important part of our full-service offering to our customers. Each homeowner has different needs, and we are committed to providing them with the best options,” said Frank Gialketsis, CEO of Galkos Construction. “Clean Power Finance provides affordable financing options for us to offer homeowners and as a result, we are able to provide a green energy solution that fits within all homeowners– budgetary requirements.”
Galkos expanded into Bakersfield, California in October of this year. Galkos provides green energy solutions to Bakersfield homeowners by fulfilling the enormous demand to lower their monthly energy bills. By partnering with Clean Power Finance to offer affordable financing, Galkos is meeting that demand, and as a result, will be growing its business and expanding its local supply chain, sales and installation staff. Galkos estimates it will add another 25 new employees by the end of 2011. Galkos plans to add 25-30 more new employees in Q1 of 2012, specifically in the Bakersfield market, which will provide local employment opportunities as well as support the Bakersfield economy.
“We support the widespread adoption of solar by making residential financing for installers more widely available than ever before,” said Clean Power Finance CEO Nat Kreamer. “Galkos– emphasis on quality and customer service makes it an ideal partner for Clean Power Finance. We–re excited to support Galkos in making solar an affordable energy option for any homeowner.”
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is driving the mass-market adoption of residential solar by building an online marketplace to connect the solar industry and the capital market. The company provides solar professionals, manufacturers and distributors with access to consumer financing, easy-to-use software and essential services. For investors and lenders, the company makes it easy to deploy capital in residential solar projects. Funded by Kleiner Perkins Caufield & Byers (KPCB), Google Ventures and Claremont Creek Ventures, the company was started in 2007. To learn more about how we can accelerate the growth of your business, please visit .
For more than four decades, Galkos Construction has been a family-owned and -operated general construction company specializing in residential home improvement throughout Southern California. It is one of the oldest and largest home improvement companies in the U.S. Founded by President Frank Gialketsis, Galkos Construction has evolved to meet the needs of the new green economy and offers solar energy systems as well a variety of quality products including energy efficient vinyl windows, elegantly designed sunrooms, beautifully crafted vinyl siding and maintenance free exterior coating.
Contact:
Alison Mickey
Schwartz MSL
415-512-0770