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SunShare Selected by Xcel Energy to Build Six New Community Solar Gardens in Colorado

December 17, 2018

DENVER--(BUSINESS WIRE)--Dec 17, 2018--SunShare, the nation’s pioneer in community solar, announced today that it has been awarded six new community solar gardens by Xcel Energy totaling 12 MWdc. SunShare was selected in a competitive bidding process and will be able to serve more than 2,500 residential households in the Denver metro area as well as additional municipal, governmental, and educational entities.

“We’re very proud that SunShare will be able to continue our mission of bringing community solar to residential customers. We look forward to building our first 100 percent residential community solar gardens in Colorado and appreciate Xcel Energy’s commitment to this program,” said David Amster-Olszewski, SunShare’s founder and CEO. “The entire concept of community solar was created to enable people who can’t install solar panels on their rooftops to have access to the benefits of solar power. Many developers across the country focus on obtaining commercial subscribers, but SunShare’s mission has always been to give more individual consumers powerful options for contributing to a healthier environment.”

The six community solar gardens will service approximately 2,600 subscribers upon completion with construction expected to start in 2019. SunShare expects the individual solar gardens to be located in Jefferson County, Adams County, and Arapahoe County. SunShare has now completed more than 27 MW of community solar gardens in Colorado.

“We are pleased to be able to continue to bring our customers programs that meet their energy needs in a zero-carbon manner,” said Jerome Davis, regional vice president, Xcel Energy —Colorado. “The continued participation in these voluntary programs such as Renewable*Connect, Solar*Rewards, and Solar*Rewards Community shows Coloradans preference for reliable, clean, and low-cost energy that we are proud to deliver.”

SunShare has helped build the community solar programs in Colorado and Minnesota, the nation’s first and largest, both of which are part of Xcel Energy’s service area. Community solar gardens enable homeowners, renters, government organizations, and small businesses that may not otherwise have the ability to install solar panels on their home or building to participate in and benefit from renewable energy.

About SunShare

SunShare is a pioneer in community solar that has been transforming the energy industry with locally-generated solar power since 2011. SunShare has built the largest active residential subscriber base in community solar and SunShare’s solar gardens give the communities they serve powerful options. While local utilities continue delivering their energy, SunShare customers simply receive credits on their utility bills that help protect them from rising electricity rates. The SunShare team is driving innovation and making solar an easy choice. Thousands of citizens, businesses, and organizations have made the decision to help create a cleaner, better future by subscribing to SunShare. Learn more at www.mysunshare.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181217005206/en/

CONTACT: Wendy Prabhu

Mercom Communications

www.mercomcapital.com

SunShare@MercomCapital.com

+1.512.215.4452

KEYWORD: UNITED STATES NORTH AMERICA COLORADO

INDUSTRY KEYWORD: ENERGY ALTERNATIVE ENERGY UTILITIES OTHER ENERGY URBAN PLANNING ENVIRONMENT CONSTRUCTION & PROPERTY

SOURCE: SunShare

Copyright Business Wire 2018.

PUB: 12/17/2018 08:01 AM/DISC: 12/17/2018 08:01 AM

http://www.businesswire.com/news/home/20181217005206/en

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