A funding mechanism that allows customers get solar electricity without the usual up-front costs has gone online in Rutland. Built by NRG Residential Solar Solutions, a wholly owned subsidiary of NRG Energy, Inc (NYSE:NRG), the solar farm is now delivering power to area residents. The 150 kilowatt photovoltaic solar array provides power to 50 Green Mountain Power customers who signed-up for the project.
“With the partnership of Green Mountain Power and the strong support of the leadership and residents of Rutland, NRG has been able to build a truly revolutionary solar program to help meet the electrical needs of the city,” said Denise Wilson, Executive Vice President, New Businesses. “This community solar project makes solar a possibility for all Rutland customers.”
The array was built on Hillside Avenue, just off Woodstock Avenue.
The agreement, which is one of the first of its kind between a utility and solar developer, gives 50 Rutland residential and commercial customers solar power at no upfront cost and a credit on their GMP bills for the energy produced by the array.
“This project and the innovation it represents is helping make Rutland the solar capital of New England,” said GMP President and CEO Mary Powell. “Partnering with NRG Energy has made community solar work and advanced Vermont’s achievement of its renewable energy goals. We anticipate working together on additional projects in Vermont to further develop solar as a meaningful part of our energy future.”
“Rutland is very proud of this array and what it means for the city and its residents,” said Mayor Chris Louras, who is also a customer of the community solar project. “Whether a person owns their own home, rents their residence, lives in a shady area or cannot afford the upfront capital cost of their own solar array, through this project, they can have solar power and with it, the knowledge that they are helping the environment as they save on their electric bill.”
Ribbon cutting ceremony for NRG Residential Solar Solutions community solar project. The 150 kilowatt photovoltaic solar array provides power to 50 Green Mountain Power customers who signed up for the project. The project is a partnership between NRG Residential Solar, groSolar and Green Mountain Power. For more information on this project or future projects contact NRG Energy call Allison Gillette at 802-855-3398. Pictured: Mayor Chris Louras, City of Rutland; Jamie Resor, CEO groSolar; Jeff Wolfe, Jeff Wolfe Consulting; Rod Viens, groSolar; Scott Fisher, NRG Energy; Mary Powell, Green Mountain Power; Denise Wilson, NRG Energy; Allison Gillette, NRG Residential Solar; Alderman David Allaire, City of Rutland. Courtesy of Rutland Chamber of Commerce
About NRG Energy
NRG (not to be confused with Renewable NRG Systems Inc based in Hinesburg, Vermont) is leading a customer-driven change in the U.S. energy industry by delivering cleaner and smarter energy choices, while building on the strength of the nation’s largest and most diverse competitive power portfolio. A Fortune 500 company, we create value through reliable and efficient conventional generation while driving innovation in solar and renewable power, electric vehicle ecosystems, carbon capture technology and customer-centric energy solutions. Our retail electricity providers serve nearly 3 million residential and commercial customers throughout the country. More information is available atwww.nrgenergy.com. Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.
About Green Mountain Power
Green Mountain Power (www.greenmountainpower.com) generates, transmits, distributes and sells electricity in the state of Vermont. The company, which was named 2013 Utility of the Year by the Solar Electric Power Association and 2014 Solar Champion by Vote Solar, serves more than 250,000 customers and has set its vision to be the best small company in America.
Source: RUTLAND, Vt.--(BUSINESS WIRE)--NRG 5.13.2014