Solar power incentive increases renewable energy investment

Consumers across the U.S. and Canada now have the opportunity to receive huge discounts thanks to the Solar Community initiative. Unveiled in October last year, this nationwide bulk solar purchase program is the first of its kind and will provide homeowners easy access to affordable solar power.

This initiative also gives every homeowner in this region the chance to have a direct and positive impact on climate change. World Wildlife Fund facilitated this initiative which is now being managed by Geostellar.

Solar power now even more accessible for consumers

The new iniative presents a fresh approach to purchasing, financing and installing solar power systems at a regulated discount price to all residence across the United States and Canada.

This program was developed with the cooperation of several big companies such as Kimberly-Clark, the National Geographic Society, Cisco and 3M. Employees of these companies, along with their families and friends will also be given access to solar power at a flat rate.

This rate would is whopping 35% lower compared to the national average and approximately 50% less expensive than the average electric utility rates residence are currently being subjected to.

That means, the average American homeowner will be able to have an affordable solar power system installed on their rooftop without any down payment. Many who go through with this process seeing an average monthly savings of more than 30% on their utility bills. This incentive is sure to make clean energy a more attractive and economical option for more residence across Canada and the U.S.

Solar power iniative to promote community investment in renewable energy

This scheme was originally conceived as an employee benefit program. It was envisioned that by large companies coming together will leverage the bulk purchasing power because of their combined total number of employees, their families as well as their communities.

With massive orders made at the same time, suppliers and manufacturers of solar panels can give huge discounts. And with the increased savings, there will be more solar power adoption across the United States and in some parts in Canada.

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The solar power initiative will first be considered as an employee benefit to over 100,000 employees of the participating companies.

Should just 1%t of these employees elect to take advantage of this benefit; over 74,500 tons of greenhouse emissions will be eliminated every year. That’s an equivalent of over 15,000 vehicles taken off the road each year.

Bulk purchase orders on a national scale saving consumers more money

“This takes the bulk purchase model from individual neighborhoods and organizations to a national scale,” says Keya Chatterjee, senior director of renewable energy at WWF.

“A coast-to-coast, low, flat rate helps mitigate two major barriers of solar power adoption — complexity and price — making it possible for more American and Canadian families to save the planet without leaving their homes,” Chatterjee explains.

“We are partnering to take sustainability to a whole new level by making solar power more financially accessible for tens of thousands of our employees across the US and Canada,” adds Gayle Schueller, 3M’s Vice President of Global Sustainability. “The initial employee feedback has been very positive. I’m proud that our efforts to be more environmentally sustainable are extending beyond 3M to the homes and lives of 3Mers”.

The Author

Hi, my name is Eddy and I am an editor and content creator working within the media release department at Australian Solar Quotes and American Solar Quotes. Within my work I strive to educate and inform others through my coverage of current news and events within the renewable energy field from around the world. I invite you to join the conversation by commenting below with your thoughts.

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