This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995, including but not limited to statements concerning the abilities and expected benefits of the anticipated integration of Vivint’s smart home system with Freedom Forever’s solar offering, including, but not limited to, Vivint’s ability to monitor energy production and consumption within its customers’ homes. The company believes that providing a clean energy option as part of its suite will give consumers confidence their homes are not only secure, but also energy efficient-an ever-increasing concern for homeowners as many regions battle extreme summer temperatures.įor more information about Vivint and Freedom Forever, visit or Note on Forward-Looking Statements
Vivint adding solar to its product offering comes at a time when the company has set its sights on deepening its relationship with homeowners. “Smart Energy is a significant value add that will help customers realize savings sooner and empower them to take control of the environment in and around their home.” “We are excited about combining two premier services through this partnership with Vivint,” said Brett Bouchy, CEO of Freedom Forever. “This partnership gives me great confidence that we can deliver our customers a truly integrated smart home and energy offering.” Bywater was previously the CEO of Vivint Solar (acquired by Sunrun), which is the exclusive provider of solar power purchase agreements for both Vivint and Freedom Forever. “Joining forces with Freedom Forever broadens our offering and provides value to customers who are worried about the environment and skyrocketing energy costs,” said David Bywater, CEO of Vivint. When used in conjunction with other energy-saving features like the Vivint Smart Thermostat, the companies believe homeowners will be better enabled to make smarter decisions about their energy usage. Vivint is currently developing an integration that will allow the Vivint system to tell the homeowner through its panel interface and app how much energy the panels are producing and how much energy the home is consuming.
Starting now, Freedom Forever customers will have a Vivint smart home system professionally installed as the first step in the solar installation process, and Vivint customers will have an immediate opportunity to add clean energy production to their homes through Freedom Forever. The relationship between the two companies will help homeowners get a step closer to living in a smart home that generates as much energy as it uses. (NYSE: VVNT), a leading smart home company, today announced that it has entered into a strategic partnership with Freedom Forever, one of the country’s fastest growing residential solar system installers. PROVO, Utah-( BUSINESS WIRE)- Vivint Smart Home, Inc.
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