Paramount Equity Launches New Solar Energy Division

Partnership with SolarCity allows budget-conscious homeowners to harness the
sun to reduce their utility bills

ROSEVILLE, Calif., Sept. 1 /PRNewswire/ -- With the summer sun still blazing,
Paramount Equity has launched a new solar energy division designed to help
customers use renewable energy and save money on utility costs. The new
division, Paramount Energy Solutions, provides financing options that make
solar systems affordable for everyday homeowners.

Paramount Energy Solutions has partnered with SolarCity(R), the nation's
leading residential solar installer, to extend new solar options to homeowners
across their service territories in California, Arizona and Oregon. Paramount
Energy Solutions' "Go Green Refi" allows homeowners to bundle the purchase
price of a solar system into a home mortgage refinance at a reduced fee and
interest rate.

Paramount Energy Solutions will also extend SolarCity's SolarLease(TM)
financing option to homeowners in its service areas in California and Arizona.
SolarLease allows homeowners to adopt solar power for a low monthly payment
that is typically less than they previously paid for electricity. The
partnership between SolarCity and Paramount Energy Solutions delivers a
one-stop, streamlined process for busy homeowners that includes financing,
custom design, solar installation, permits, rebate paperwork and ongoing solar
system monitoring.

"Rising energy bills are a big concern amongst today's homeowners, but many
customers aren't aware that adding a solar system is a tangible option," said
Matt Dawson, Paramount Equity owner and vice president of Paramount Energy
Solutions. "By adding solar, homeowners bring down their energy costs by
making the sun work for them, all while benefiting the environment."

"Paramount Energy Solutions' Go Green Refi combines Paramount Equity's popular
residential mortgage products with SolarCity's full-service solar offering -
this is a great option for customers who want to own their solar system," said
Lyndon Rive, CEO of SolarCity. "We're delighted to partner with Paramount
Energy Solutions to give homeowners another affordable way to adopt solar."

Paramount Energy Solutions' customer Cheryl Holden recently added solar to her
home using the Go Green Refi program.

"We were interested both in saving money on energy, and conserving energy.
Paramount was able to offer us a good package on solar, fully explained what
the benefits of solar were for us, and offered us the refinance and the
insurance to top it off. It was one complete package," said Holden. The
Holden's will be able to save about $750 per month with their new solar,
mortgage, and insurance products.

The launch of Paramount Energy Solutions is an example of Paramount Equity's
continued effort to provide a diverse network of services, beyond traditional
mortgages, for its existing and future customers.

"From the time that Paramount Equity opened its doors, we have worked to
become a full-service company that saves our clients money on their largest
expenses," said Hayes Barnard, owner and president of Paramount Equity.
"Paramount Energy Solutions is a symbol of that commitment and we look forward
to launching more innovative programs in the future."

Homeowners can find more information about Paramount Energy Solutions and its
solar programs at www.paramountenergysolutions.com.

How Solar Saves Money
Solar panels help homeowners save money by converting sunlight into usable
power. The solar system's inverter converts this power into the same
electricity that is normally used in a home, thus supplying renewable power
for appliances, lights, air conditioners, heaters and more. When a solar
system is generating power, the homeowner relies less on the utility provider,
lowering his or her energy bills.

About Paramount Equity
Paramount Equity was founded in 2003 with a commitment to saving their
neighbors money. The company has taken great pride in bringing innovation to
the mortgage and insurance industries by focusing on providing competitive
pricing, speed of transaction, and ethical education to customers. Paramount
Equity has served the unique needs of tens of thousands of customers in
California, Oregon, Washington, Utah, Arizona, and Virginia. For additional
information on Paramount Equity and its services, visit
www.ParamountEquity.com.

About SolarCity
SolarCity--a national leader in solar power system design, financing,
installation, monitoring and related services--was founded with the mission to
help millions of homeowners and businesses adopt solar power, protect
themselves from rising electricity costs and protect their environment from
polluting power sources. The company's SolarLease and Power Purchase Agreement
(PPA) options can make it possible for homeowners and businesses to switch to
clean, solar power for less money than they currently pay for electricity.
SolarCity currently serves more than 500 communities in California, Arizona
and Oregon. Additional information about the company is available on the Web
at www.solarcity.com.

SOURCE Paramount Equity

Michele Magee, EVP of Operations of Paramount Equity, +1-916-746-8060,
mmagee@paramountequity.com