Xcel Energy has chosen Pivot Energy to develop a 41 MW group solar portfolio in Colorado, completely serving income-qualified households beneath a longtime revenue threshold. The eight initiatives are positioned throughout Boulder, Logan, Mesa, Morgan and Weld Counties.
By providing inexpensive group solar subscriptions to income-qualified households, Pivot Energy will have the ability to service teams which have traditionally been neglected of the clear energy transition and that face lots of the most antagonistic local weather impacts. This group solar portfolio demonstrates how solar improvement could be leveraged to generate constructive impacts past emissions reductions and environmental advantages.
“We are pleased to be working with Pivot Energy on this community solar portfolio,” says Emmett Romine, vp of buyer options and innovation for Xcel Energy. “Subscribing to these community solar gardens will bring energy-bill savings to our income-qualified customers and help them be part of the clean-energy transformation.”
The improvement of an income-qualified portfolio of this dimension is feasible in Colorado due to the state’s renewable energy regulatory panorama, which is designed to handle energy fairness points whereas fulfilling the general public demand for a transition to scrub, emissions-free energy manufacturing.
“I am proud to see Pivot Energy, a Colorado-based company, leading efforts to expand renewable energy access for low-income households,” feedback Bill Ritter, a former governor of Colorado. “The clean energy transition will only be successful if it can provide clean, reliable energy for all of us, regardless of income, and developing a 100 percent income-qualified solar portfolio on this scale will support countless Coloradans.”
Pivot companions with group organizations in allocating subscriptions to these most in want and manages them by means of the SunCentral platform, their proprietary cloud-based software program.
“Pivot Energy is thrilled to deploy this portfolio, which will deliver profound benefits – both environmental and economic – to thousands of income-qualified households,” provides Tom Hunt, CEO of Pivot Energy. “As the renewable energy industry strives to advance both energy equity and the clean energy transition, I hope to see other states and utilities emulate the leadership and constructive collaboration of Xcel Energy and the state of Colorado to facilitate more equitable access to clean energy.”