Vivint Solar, Inc. is a provider of distributed solar energy, which is electricity generated by a solar energy system installed at customers’ locations to residential customers based on 20-year contracts at prices below their current utility rates. The Company provides home security, energy management, home automation, local cloud storage, and Internet solutions. Through the Company’s investment funds, it owns an interest in the solar energy systems it installs and ownership of the solar energy systems allows it and the other fund investors to benefit from various local, state and federal incentives. The Company’s activities are consultation, design and engineering, installation, monitoring and service, and referrals. The Company focuses on further penetrating its existing markets, expanding into new locations and commercial markets, capitalizing on opportunities to increase sales and lower costs, and building and leveraging strategic relationships.