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In February 2015, Vivint Solar began on a new corporate campus in Lehi, Utah near Thanksgiving Point, and began running from there in May 2016. This five-story steel-construction high-rise is ultra-modern, and supplies snack bar service for its workers like its moms and dad Vivint's business headquarters. In July 2015, Sun, Edison announced plans to purchase Vivint Solar for $2.

In March 2016, Vivint Solar revealed that the Sun, Edison deal had actually been terminated, which the business was taking legal action against Sun, Edison for a "willful breach" of the planned merger. Sun, Edison is in insolvency as of January 2017, and Vivint Solar is one of many creditors. Reference proposed class action lawsuit was submitted in May 2016, arguing that Vivint misled financiers about the Sun, Edison buyout offer.

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In 2020 their stock rate exceeded $15. Analysis from early 2017 found that while Vivint Solar had higher access to capital, actual setup of home solar panels fell significantly with a drop of 21% from late 2015 to late 2016. In 2017, the business broadened to 20 states. Vivint Solar has set up 100,000 solar power systems since February 2017.

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2 billion. Innovation [modify] Vivint Solar's customers can finance a system with a loan, purchase or lease a system, or purchase energy based on a long-term contracta PPA. With a loan or money sale, clients own the panels after spending for the installation outright or protecting funding. In the PPA structure, consumers pay a fee per kilowatt hour based upon the quantity of electricity the solar power system in fact produces.

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The lease consists of a production guarantee under which Vivint Solar accepts make a payment to the client if the leased system does not fulfill the ensured production level. The Majority Of Vivint Solar's growth since 2013 had actually originated from door-to-door sales. During 2016 the PPA model was losing favor with consumers who increasingly preferred to purchase solar power systems outright rather than rent them or take part in PPAs.