Astrum Solar and Ethical Electric Announce Partnership

Partnership Allows Consumers to Generate or Purchase Power From 100% Renewable Sources


WASHINGTON, April 21, 2014 (GLOBE NEWSWIRE) -- Astrum Solar, a leading national full-service residential solar provider, and Ethical Electric, a renewable energy provider that connects consumers to 100% renewable energy in minutes with no change in their monthly payment routine, today announced a partnership that will cross-promote each company's offerings into their installed base. Customers of both companies will soon be able to take advantage of complementary renewable energy offerings.

"With this partnership our customers can have the full range of clean energy options. Homeowners can install solar panels and meet the balance of their electricity needs from wind and other clean sources through Ethical Electric," said Tom Matzzie, founder and CEO of Ethical Electric. "All of this helps us fulfill our mission of shifting as many American homes as possible away from "dirty" energy to "clean" energy from renewable sources."

Ethical Electric enters into power purchase agreements with renewable energy developers and then resells 100% renewable electricity through a customer's existing utility relationship. Astrum Solar works directly with consumers to design, finance, install and maintain solar panel systems which allow consumers to have their own clean power plants and insulate themselves from increasing utility rates.

"We are very excited to be working with such a prestigious and rapidly growing provider of clean energy across the Northeast," said Josh Goldberg, Astrum Solar co-founder and Chief Strategy Officer. "We share Ethical Electric's commitment to providing simple and reliable access to renewable energy and admire their innovative business model."

About Ethical Electric

Ethical Electric, Inc. is a licensed retail energy supplier and participates in the wholesale energy markets in the Mid-Atlantic, Northeast and New England. Ethical Electric's mission is to make buying renewable energy easy. For every kilowatt-hour a customer uses an equivalent amount of renewable energy is purchased from wind, solar and hydro facilities on the same grid as the customer's household or business. Customers can enroll online at www.ethicalelectric.com.)

About Astrum Solar

Astrum Solar is a leading national full-service residential solar provider, serving homeowners and small businesses in California, Connecticut, Delaware, Maryland, Massachusetts, Michigan, New Jersey, New York, Ohio, Pennsylvania, Virginia, Washington, DC, and West Virginia. Astrum Solar's mission is to spread solar power to the rooftops of America and to ensure that its customers get the most out of their solar panels: the most energy generated, the most electricity savings, the most beneficial environmental impact, and the most joy each time they see a sunny day. Astrum Solar was on the Inc. 500 Fastest Growing Companies List in 2012 and 2013. (www.astrumsolar.com)


            

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