AstroPower Enters Agreement with Standard Pacific

January 20, 2002 by Jeff Shepard

AstroPower Inc. (Newark, DE) announced an agreement with Standard Pacific (San Diego, CA) to make solar-electric power a standard feature in Standard Pacific's newest community. The agreement provides that AstroPower will supply a minimum of 43 solar-electric home power systems within one year, and they will be standard on every home in the new Standard Pacific Maravu community in San Diego.

Standard Pacific will incorporate AstroPower's SunLine packaged solar-electric power system, which generates solar-electric power and delivers it through the home's existing circuits. Electricity not used is sent back to the utility grid, generating a credit on the homeowner's utility bill. The system includes a power meter so homeowners can monitor performance.

“Standard Pacific of San Diego is aware of the high energy costs that homeowners are currently facing in California. Therefore, they are taking great strides to craft new homes that provide energy efficiency throughout,” said Bob Ruggio, AstroPower's manager of residential sales. “In turn, Standard Pacific homebuyers will have peace of mind knowing they reside in a home that constantly streamlines their energy usage.”