Nelnet Renewable Energy, Troy, NY, a Nelnet company specializing in community solar subscriber acquisition and management services, recently announced it will manage services for five new community solar projects planned or under construction that will provide a total of 20 megawatts (MW) or local, clean energy and energy cost savings to customers in Saratoga, Schenectady, Oneida, Jefferson and surrounding counties in New York state.
These five community solar projects will be developed by Green Street Power Partners, LLC, (GSPP) and served by Nelnet Renewable Energy. GSPP finances, develops, owns and operates solar energy systems across the country.
"Nelnet was built on a mission of service, and we firmly believe in the power of solar as an emerging renewable energy source. Connecting people and businesses with community solar allows Nelnet Renewable Energy to have this amazing blend of contributing to environmental sustainability, while at the same time helping people save on their energy costs," said Jeff Noordhoek, CEO of Nelnet, in the release. "With community solar, there are no start-up costs, so people of all ages and demographics can afford to make a positive change for the environment. Plus, there's the added benefit of monthly energy cost savings for those who subscribe to local projects."
New York is a leader in the adoption of community solar, which is in line with its goal of having 100% net-zero greenhouse gas (GHG) emissions by 2050. Community solar offers a renewable energy option to residents who either do not own a home or do not have conditions that allow for installation of solar panels. With community solar, supporting renewable energy is also more affordable because there is no initial investment or installation needed. This affordability makes it appealing to business owners as well. Community solar subscribers receive solar credits on their utility bill that lead to energy savings.