NRG Energy Inc. has acquired New Jersey-based solar installer Roof Diagnostics Solar (RDS). NRG says the move is intended to support its effort to develop a network of solar residential installers and dealers.
RDS' headquarters will remain in Wall Township, N.J. The company will operate under the brand NRG Residential Solar Solutions. Terms of the transaction were not disclosed.
‘With the price of residential solar increasingly competitive with the retail price of power in multiple states, the time is now for NRG to ramp up its efforts to bring the benefit of self generation to NRG's millions of present and future retail electricity customers,’ says David Crane, president and CEO of NRG Energy.