February 8, 2023
Solstice Power Technologies has kicked off subscriber enrollment on three low-to-moderate earnings (LMI) targeted tasks in Illinois developed by Reactivate, a three way partnership between Invenergy and Lafayette Square. These tasks present impactful advantages to income-qualified and energy transition communities and can ship sufficient renewable energy to power an estimated 1,200 properties, offering clients a complete projected utility invoice financial savings of $12 million over 20 years.
This program is particularly for any income-eligible Illinois resident inside Ameren and ComEd territory. To qualify, a family should confirm as 80% or much less of the Area Median Income (AMI). The AMI varies by family measurement and geography. Prospective enrollees can verify if their family meets the AMI {qualifications} on Solstice’s web site by means of the “See If You Qualify” prequalification kind.
Distributed solar energy and storage improvement has elevated dramatically within the United States, defending many owners from rising utility charges. That progress is anticipated to proceed within the coming years. However, 77% of Americans nonetheless are unable to take part in rooftop solar. This contains renters and households who could not qualify resulting from credit score scores, incomes beneath minimal thresholds, unsuitable rooftops, or insufficient solar publicity. Community solar bridges that hole, offering the chance for extra households to entry native renewable energy with month-to-month financial savings on their electrical energy invoice.
Solstice and Reactivate are among the many first to be working inside the statewide program Illinois Solar for All (ILSFA) to unfold the advantages of low-cost, renewable energy to income-eligible Illinois residents, with Solstice managing the subscriptions of the big majority of tasks underway.
“During this time of high inflation and high energy costs, the existing disparity in energy burden to low-to-moderate income households has only increased. By working with Solstice, we will provide economic relief to Illinois households, which include some families deciding between the expense of their utility bill and feeding their family,” stated Jordan Leventhal, SVP of product for Reactivate. “The cost savings from subscribing to our projects could be a lifeline for those families.”
The subscription providing from Solstice and Reactivate will present income-eligible residents with one of many deepest group solar reductions obtainable plus an enrollment bonus from Solstice. Income-eligible Solstice subscribers will profit from month-to-month financial savings of as much as 50% off the provision portion of their electrical invoice and luxuriate in supporting renewable energy produced domestically.
“Our grassroots organization partners relay countless accounts of how high electricity costs burden their under-resourced communities. Participating in the Illinois Solar for All program lets us revise that narrative and bring equity to the forefront of our work, and we’re honored to partner with Reactivate in getting these savings into deserving hands,” stated Sarah Gyurina, partnerships improvement affiliate at Solstice.
Solstice and Reactivate are devoted not solely to bringing extra LMI residents entry to renewable energy by means of the ILSFA program, however to the betterment of communities by means of native partnerships and enrollment incentives.
Once a possible enrollee verifies their earnings, Solstice and ILSFA will validate the knowledge supplied. If an deal with isn’t in a certified census tract, potential enrollees could present one other type of documentation to prequalify, comparable to participation in SNAP, LIHEAP, IHWAP, Medicaid, HUD Project-Based Vouchers, HUD Project-Based Rental Assistance, Income Eligible Multifamily Energy Efficiency, Illinois Affordable Housing Act, or different Tax-Subsidized multifamily packages.
The Cool Cities Committee was a key advocate for native renewable energy tasks and is a neighborhood Solstice enrollment associate.
“As a member of the Cool Cities Committee and a long-time Granite City, Illinois, council member, I strongly urge everyone to check out the Illinois Solar for All community solar program offered through Solstice,” stated Granite City Councilmember Dan McDowell. “It is pretty easy to see if you qualify so you can save money and do a good thing all at the same time. With electric bills going up, this program can be a big help. It’s a win-win for Illinois homeowners and renters too.”
In addition to monetary advantages for LMI and energy transition ratepayers, the Reactivate tasks will make necessary environmental contributions to the State of Illinois’ energy transition and local weather priorities. Combined, the three group solar tasks in improvement by Reactivate will generate practically 13 million kWh of electrical energy per 12 months.
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Tags: Community Solar, Illinois, Invenergy, Lafayette Square, LMI, Reactivate, Solstice Power Technologies, utility-scale
