Carrier-SolarCity JV to Improve Home Energy - Analyst Blog

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Carrier, a division of United Technologies Corp . ( UTX ), recently teamed up with SolarCity ( SCTY ), the largest full-service solar power provider in America, to offer cost-effective innovative solutions to homeowners.

Carrier delivers global solutions across a broad range of applications in heating, air-conditioning, refrigeration and beyond and provides innovative products and services that improve global comfort and efficiency. The tie-up is expected to offer a clean, energy-efficient solution, which will further enhance the benefits of Carrier's already efficient products and optimize home energy performance.

Also, the company has been impressive with the marketing of its products. Customers who purchase new Carrier products and install SolarCity solar panels will receive a $1,000 rebate to help power their home and improve the home energy performance. SolarCity solar systems will power Carrier systems with clean, solar power, delivering even more control and helping homeowners cut down on their energy bills.

Carrier produces heating, ventilation and air conditioning (HVAC) and refrigeration-related controls for residential, commercial, industrial and transportation applications. Carrier also provides installation, retrofit and aftermarket services and components for the products that it sells and for other manufacturers in the HVAC and refrigeration industries.

United Technologies, the parent company of Carrier, provides high-end technology products and services to the building systems and aerospace industries worldwide.

United Technologies currently has a Zacks Rank #3 (Hold). Other stocks that look promising and are worth a look now include Noble Group Ltd.   ( NOBGY ) carrying a Zacks Rank #1 (Strong Buy), and Carlisle Companies Inc. ( CSL ) and ITT Corp. ( ITT ), both carrying a Zacks Rank #2 (Buy).



CARLISLE COS IN (CSL): Free Stock Analysis Report

ITT CORP (ITT): Free Stock Analysis Report

NOBLE GROUP LTD (NOBGY): Get Free Report

SOLARCITY CORP (SCTY): Free Stock Analysis Report

UTD TECHS CORP (UTX): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: CSL , ITT , NOBGY , SCTY , UTX

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