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Solar Power, Inc. and Aerojet Launch Employee Solar Discount Program, Extending GenCorp's Sustainability Initiative.

Publication: Business Wire
Publication Date: 13-JUL-09 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Aerojet's Sacramento Employees Will Receive Generous Discounts on Yes! Solar Solutions(TM) Solar Home Energy Systems

ROSEVILLE, Calif. -- Solar Power, Inc. ("SPI") (OTCBB:SOPW) and Aerojet, a GenCorp (NYSE:GY) company, announced jointly today that they have launched a discount program on photovoltaic ("PV") solar home energy systems for employees of Aerojet's operations in Sacramento. The Aerojet Solar Advantage Program will be serviced by Yes! Solar Solutions(TM), a wholly owned subsidiary of Solar Power, Inc. and will provide Aerojet employees with a special discount on SPI's proprietary line of Yes! Solar Solutions integrated home energy systems. When coupled with the current Federal Investment Tax Credit and California Solar Initiative rebate, the discount reduces the total system cost by up to 60%, providing the 1,600 Sacramento Aerojet employees with cost-effective opportunities for reducing or eliminating home electricity costs.

In addition to helping employees mitigate rising electricity...

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