Wells Fargo Joins US Solar’s Community Solar Gardens Initiatives in Colorado

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US Solar has added Wells Fargo‘s 8 MW Sunscription to five new US Solar Community Solar Gardens in Colorado. The solar gardens, located in Xcel Energy and Black Hills Energy territories, will serve commercial and residential customers, as well as low- to moderate-income service organizations in the greater Colorado area. Wells Fargo’s Sunscription will present utility invoice credit for practically 100 of its retail and company places throughout Colorado.

The program additionally gives the chance for Wells Fargo’s Colorado staff residing within the Xcel Energy and Black Hills Energy territories to enter right into a Sunscription with US Solar and assist drive the adoption of renewable energy on the native power grid, whereas additionally receiving invoice credit that may decrease their energy payments.

A Sunscription to a solar backyard from US Solar permits corporations and people to learn from solar with none upfront prices or tools on their property. Community solar helps enhance entry to solar energy even for companies and houses that aren’t ideally located for a rooftop solar set up. Subscribers obtain financial savings by way of a invoice credit score on their electrical invoice based mostly on the manufacturing of the solar backyard, whereas supporting the event of native, clear energy.

“Wells Fargo’s renewable energy strategy is to leverage our annual energy spend to support the development of net-new renewable generation assets in locations where our energy needs are the greatest,” says Richard Henderson, head of Wells Fargo’s Corporate Properties Group and Denver resident. “In addition to the climate benefits, projects like US Solar’s community solar gardens provide a path for underserved communities to benefit from community solar and take advantage of lower energy bills and increased energy resilience.”

US Solar is at present growing 14 solar gardens in Colorado. US Solar might be planting pollinator-friendly native vegetation at every solar backyard, which can lower stormwater runoff, improve soil regeneration and enhance the air high quality within the surrounding communities.

“We are proud to have Wells Fargo as a subscriber to our Solar Gardens and thrilled to offer this new program to their employees,” states Erica Forsman, vp of origination at US Solar. “It is an exciting opportunity to support Wells Fargo’s corporate renewable energy goals while providing benefit to their employees and community. We’re focused on investing in energy production in Colorado while increasing access to renewable energy for residents throughout the state.”

For each Wells Fargo worker who completes their Sunscription account set-up, US Solar will make a donation to Energy Outreach Colorado to additional Energy Outreach Colorado’s mission of offering extra sustainable energy choices for low to moderate-income Colorado residents.

“I really like the ability to shift my monthly energy costs to solar energy without the expense and equipment to install solar on my house,” feedback Clayton Sampson, lead industrial mortgage closing specialist with Wells Fargo and chair of the financial institution’s Colorado “Green Team.” “Wells Fargo’s partnership with US Solar got me priority access to this popular program. And the fact that there’s a guaranteed discount makes it a pretty easy decision in my mind.”

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