Vision Solar and Zing Solar, two residential rooftop solar installers based in Utah, have announced a merger agreement. Once the deal is completed by year-end, the combined entity will be named ION Solar and be positioned to expand across strategic markets. Existing operations of ION Solar will include California, New Mexico, Nevada, Colorado, Texas, South Carolina, New Jersey and its home state of Utah.
“Homeowners will benefit as ION Solar realizes significant economies of scale, reducing equipment and operational costs and giving homeowners access to additional financing and enhanced solar options,” says Matt Rasmussen, CEO of Vision Solar. “We’re doing great things, and the coming together of two incredible solar companies, hundreds of passionate team members, and thousands of solar customers strengthens our ability to positively impact the environment with clean solar energy.”
“Zing Solar and Vision Solar have always shared a singular vision that’s been evident in the record growth of our two companies and the thousands of satisfied families who’ve switched to solar, lowered their bills, and reduced their carbon footprint,” adds Jimmy Slemboski, president of Zing Solar. “The compounding effects of unifying our amazing people as ION Solar is something we’re all very excited about.”