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GE Money (GE) and Yes! Solar Solutions (SOPW.OB) Create New Financing Program for Solar Energy Solution

GE Money (GE) and Yes! Solar Solutions, a retail outlet for solar-powered modules and panels, announced that both companies have entered into a multiyear relationship to provide varying revolving and installment consumer loans for solar products. Loans will be provided through the GEOSmart Financing program, managed by GE Money’s Sales Finance unit, and will only be available through the Yes! Outlet located in Sacramento, California.

This particular Yes! Outlet educates consumers how sunlight can be converted to electricity, as well as how their specific solar systems are installed and the economic and environmental benefits that they deliver.

Jeff Winzeler, president for Yes! Solar Solutions, stated, “Installing a solar power system is equivalent to prepaying for 40 years of power at a fraction of the cost you currently pay. We’re excited to offer the GEOSmart Loan program, making it more convenient and easily affordable for homeowners to make a positive impact on their homes and the environment.”

Bruce Christensen, Vice President of GE Money, added, “The advantages of using solar power are compelling. At GE, we’re committed to doing our part in providing earth-friendly products and services, and we’re excited to partner with Yes! Solar Solutions on this new financing program tailored for consumers purchasing renewable energy products.”

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