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RGS Energy’s Sunetric Deploys PV System for Coral Creek Golf Course, First Public Golf Course to Go Solar on the Island of O’ahu

Roof, Ground and Carport Mounted Solar Systems to Offset 60% of Utility Power

 

Louisville, CO, and Kailua, HI – July 8, 2014 – Sunetric, a wholly-owned subsidiary of RGS Energy (NASDAQ: RGSE), has completed a multiple solar system project totaling 324.6 kilowatts (kW) for Coral Creek Golf Course in Ewa Beach, Hawaii. Coral Creek is the first public golf course on O’ahu to ‘go solar.’

The facilities at Coral Creek are now powered by three photovoltaic (PV) systems: a 108 kW roof-mounted system on the maintenance building, a 108 kW ground-mounted trellis system at the irrigation wells, and a 108 kW carport structure at the driving range.

The PV systems are expected to produce more than 44,557 kilowatt hours (kWh) monthly and offset 60% of the facility’s utility-sourced energy consumption, saving the golf course approximately $5,000 a month. In addition to providing less costly electrical power, the custom-designed carport structure provides golfers at the driving range shade from the sun and cover from any rain showers.

“We take pride in our status as one of Hawaii’s premier golf courses,” said Kyun Kim, Coral Creek’s general manager. “We focus on the customer’s experience and strive to keep our facilities always immaculate. By going solar with Sunetric, we can sustain our high level of service and while remaining a profitable business.”

Aaron Kirk, Sunetric’s president, commented: “Sunetric provides businesses like Coral Creek Golf Course the best available solar solutions that can substantially reduce the higher cost of electricity in Hawaii. As the first public golf course to go solar on O’ahu, Coral Creek is a perfect example of how more businesses on the islands are adopting solar to reduce energy costs and decrease Hawaii’s oil dependency.”

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=26327.

About Sunetric

Sunetric is one of the largest and most experienced solar developers and integrators in Hawaii. As a full-service solar energy firm, they handle every stage of the design, development and installation of photovoltaic systems on Oahu, Maui, Kauai, Molokai, Lanai and the Big Island. Sunetric is a wholly owned subsidiary of RGS Energy. For more information, visit http://sunetric.com/.

About RGS Energy

RGS Energy (NASDAQ: RGSE) is one of the nation’s pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold to the public in the U.S. in 1978, the company has installed more than 22,500 solar power systems representing over 235 megawatts of 100% clean renewable energy. RGS Energy makes it very convenient for customers to save on their energy bills by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support.

As one of the nation’s largest and most experienced solar power players, the company has 20 offices across the West and the Northeast. For more information, visit RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and on Twitter at https://twitter.com/rgsenergy. RGS Energy is a trade name and RGS Energy makes filings with the Securities and Exchange Commission under its official name “Real Goods Solar, Inc.”

Cautionary Statement Regarding Forward-Looking Statements

This communication includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “believe,” “will,” “should” or comparable terminology or by discussions of strategy. While RGS Energy believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, RGS Energy’s failure to successfully complete future projects, introduction of new products and services, completion and integration of acquisitions, possibility of negative impact from weather conditions, supplier delivery disruptions, possibility of negative economic conditions and other risks and uncertainties included in RGS Energy’s filings with the Securities and Exchange Commission. RGS Energy assumes no duty to update any forward-looking statements.

Media and Investor Relations Contact for RGS Energy:

Ron Both
Liolios Group, Inc.
Tel 1-949-574-3860
RGSE@liolios.com

Sunetric Media Contact

Hannah Lee
Marketing Manager
Tel 1-808-262-6600
hlee@sunetric.com

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