MDV-SEIA is proud to partner with CleanChoice Energy as an After Party sponsor of this year’s Solar Focus conference. CleanChoice Energy is consistently and effectively expanding the solar industry by making clean energy accessible to everyone. Their participation and collaboration ensures that this event will be an amazing success. Get ready for a night full of energy!
CleanChoice Energy is a renewable energy company empowering utility customers across the country to cut emissions and support clean energy through 100 percent retail renewable electricity choices and community solar. CleanChoice Energy serves customers in Delaware, Illinois, Maryland, Massachusetts, New Jersey, New York, Ohio, Pennsylvania, and Washington D.C. CleanChoice Energy is a Certified B Corporation, a member of the American Sustainable Business Council and the U.S. Green Building Council, and is certified with the highest available rating by Green America’s Green Business Network, the first and largest network of socially and environmentally responsible business. Recently CleanChoice was named by Inc. Magazine as one of the country’s fastest growing companies. For more information or to become a customer, visit www.cleanchoiceenergy.
Tell us a little more about your company (ex. How many MWs/GWs of solar in your east coast portfolio, how your company became involved with solar, etc.)
We have 6 projects that have been awarded capacity for year 1 of the MD community solar pilot – 4 are in the Open category and 2 are LMI. We already have a waiting list of customers for these projects. We are also actively pursuing projects in MA, NY, and MN.
What opportunities and challenges do you predict solar development will face on the East Coast in the next year?
Uncertainty in compensation methodology is the biggest threat to scaling community solar. Low compensation in some zones make community solar unviable to develop and finance successfully. Low SREC prices in MD are making projects in some utility zones challenging to finance.
How does your company plan to be involved in influencing the solar industry over the next few years?
We plan to demonstrate that community solar “works” – it can deliver a powerful value proposition to customers that allows them to exercise a meaningful energy choice. Delivering value to customers and providing customers with a best in class experience will encourage new markets to open to community solar and allow us to scale our business.
Solar jobs are now growing at a rate 17x faster than the overall economy and for the first time in history the solar industry employs more people than coal. Tell us a little about how the rate of solar job growth has impacted your business.
We are hiring! We have several current openings and expect to continue hiring to support this growing business.
What unique or innovative contributions has your company made to solar?
We’re dedicated to demonstrating that it’s possible to develop and service an “all residential” community solar project. We are seeking creative solutions to provide cash flow certainty from residential customers, therefore opening up the industry to a broader universe of investors. Possibility of bundling or dual-selling residential community solar and renewable retail.
Which policies, incentives (tax credits), or regulatory changes have had the most impact on your business and what is missing that your company could benefit from?
Residential requirement/carve out to ensure residential customers’ participation in community solar. SREC values / RPS policy.