PowerMarket has teamed up with Green Street Power Partners (GSPP) to surpass 100 MW of community solar contracted. PowerMarket manages 80 MW of operating distributed generation (DG) community solar projects for GSPP, with an additional 30 MW coming online by Q2 2024.
Since 2018, PowerMarket and Green Street have contributed to the development of an extensive community solar generation footprint in the state of New York. With more than 4,500 subscribers participating in their operating CDG projects, the companies have delivered nearly $2 million dollars in utility savings to their subscribers to date.
The companies’ partnership has allowed New York’s most economically disadvantaged populations have access to renewable power and benefit from a 10% reduction of their utility bills. The partnership builds on the New York State Energy Research and Development Authority (NYSERDA) to cultivate a thriving community solar industry.
“Accelerating solar adoption is critical to combating climate change, a mission that both PowerMarket and Green Street Power Partners share,” said Jason Kuflik, president of Green Street Power Partners. “Not only are we aligned on our corporate sustainability goals, but after five years of working with PowerMarket, we can confidently say that they have been a valuable partner on our Community Solar portfolio. They have delivered value beyond the standard scope of community solar services, providing key insights on community solar policy in emerging markets.”
Through its Open Energy Platform and related services, PowerMarket provides Green Street Power Partners with substantial expertise in community solar participant acquisition and customer success. The company provides GSPP with a range of services, including: customer acquisition, customer support, bill distribution and dispute resolution.
Among PowerMarket’s key core competencies is the ability to effectively acquire new subscribers at scale, including income qualified members of low- to moderate- income (LMI) households. The company uses targeted outreach strategies that include grassroots community engagement to fully subscribe projects while successfully engaging underserved communities.
PowerMarket supports nearly 300 community solar projects across 11 states, representing 550 MW of capacity and more than 75,000 subscribers. The company has made a commitment to support low-income communities. To-date, PowerMarket has enrolled more than 10 MW of low-income residential and multi-family affordable housing in community solar.
“We’re thrilled to celebrate nearly five years of collaboration with Green Street Power Partners, with these important milestones,” said Jason Kaplan, chief operating officer and general counsel at PowerMarket. “Our partnership has been instrumental in driving the continued growth of community solar in New York State, particularly among lower income households.”
— Solar Builder magazine