Massachusetts’ favorable renewable energy landscape has set the stage for broad interest in individual solar energy production. Yet, historical solar programs have been available only to residents and businesses that own suitable rooftop space and feature long-term leasing arrangements. Clean Energy Collective (CEC), the nation’s leading community solar developer, announced today the launch of SolarPerks™, the first-of-its-kind community solar program that affords every ratepayer in Massachusetts’ NSTAR and National Grid territories the opportunity to participate in a shared utility-scale solar PV array for $0 down and guaranteed monthly savings for 20 years. This makes SolarPerks™ the most broadly accessible and cost effective solar solution available in Massachusetts.
“The simplicity of this program will be attractive for anyone considering solar, especially in a market with high energy costs,” said CEC founder and CEO Paul Spencer. “This is the most accessible and affordable solar program offered in Massachusetts.”
How SolarPerks™ Works
Clean Energy Collective builds and operates responsibly sited community solar projects open to all residential and commercial ratepayers in a participating utility territory. The clean energy generated is delivered to the utility grid. SolarPerks™ members receive credit on their electric bills for their subscribed energy production, and then pay CEC 95% of this credit retaining a 5% savings for themselves. Unlike other solar models with escalating lease payments and stringent contracts, the 5% savings is guaranteed for the life of the agreement, regardless of changing retail electric rates.
CEC has already completed and sold out two arrays in Massachusetts and, in support of the projected demand for SolarPerks™, is developing eight additional projects throughout the NSTAR and National Grid territories spanning 12 MW in total.
A limited amount of capacity is currently available to NSTAR and NGrid customers, with reservations available in the new SolarPerks program on a first-come, first-served basis. Customers can sign up or get more information at www.masscommunitysolar.com or by calling CEC at (844) 232-7253.