May 15, 2020
National Grid is one of world’s biggest utility companies, operating in both the United Kingdom and the Northeastern United States. Like Con Edison and other utility companies across the US, National Grid has taken note of the community solar trend. Throughout the state of New York, and across the Northeast of the country, National Grid has been working in conjunction with solar companies to facilitate new community solar projects.
This case study on the National Grid website details a community solar project in Buffalo, New York. Perhaps the most interesting aspect of this case study is the emphasis National Grid has placed on the ‘community’ aspect of the community solar model. The company sees the value of shared solar going beyond individual savings and into broader community benefits.
A community solar project can, of course, lead to consumer savings and offset your utility costs each month, but it goes further than this. Community solar can be utilized to make local energy supplies more efficient and, thus, reduce the need for spending on power grid infrastructure. This opens up opportunities for potential investment in other more pressing areas.
Generally speaking, the benefits of community solar encompass those of rooftop solar and more:
No solar panel installation required
Regular, consistent savings on your utility bill
Clean, renewable energy for your community
Positive environmental impact on your area
Reduced carbon footprint
Flexible, easy to cancel contracts with options for transfer
If you’re a National Grid customer interested in community solar, contact YSG Solar today. YSG will make the subscription process seamless, helping you to find the ideal community solar project for your unique energy needs. Send us an email, or call at 212.389.9215 to get started.
YSG Solar is a project development vehicle responsible for commoditizing energy infrastructure projects. We work with long-term owners and operators to provide clean energy assets with stable, predictable cash flows. YSG's market focus is distributed generation and utility-scale projects located within North America.
By Shane Croghan
Sources:
https://www.nationalgrid.com/group/case-studies/blazing-trail-community-solar