SunPower designs, manufactures and delivers the highest efficiency solar electric technology worldwide. Based on more than 20 years of innovation, we deliver proven solar performance to residential, commercial, and utility-scale power plant customers. Our high-efficiency solar cells, panels and systems deliver significantly more energy per unit area than competing systems. Our customers benefit from lower electric bills, meaningful financial returns and maximum carbon emissions savings. At SunPower, we see a future where solar power is an essential component of the global energy mix. We work every day to continuously set new standards for solar performance, value, appearance and our customers experience. We will compete with retail electric rates by reducing system cost by 50% by 2012.