Connecticut-based solar company Altus Power recently announced the launch of a community solar project in Kapolei. The 5-megawatt array is expected to be completed this summer and will deliver power to a local medical facility, its employees and Oahu residents, according to the announcement.
Altus Power will sell approximately 60% of the clean electricity to a nonprofit that operates a medical facility, and the remaining 40% will be available to benefit the homes of employees and other residents. Customers who subscribe to Altus Power's Community Solar Partnership Program can save up to $500 annually on their utility bills, according to Altus Power.
A spokesperson for the company did not immediately respond to an inquiry requesting details about the name of the nonprofit or the overall cost of the project.
“We’re excited the shared solar program is taking root and opening up to residential customers who haven’t been able to install private rooftop solar,” Lani Shinsato, co-director of customer energy resources at Hawaiian Electric, said in a statement. “Providing customers with options is critical, and shared solar projects like this will allow subscribers to reduce their energy bill and take part in the state’s clean energy transition.”
Altus Power currently serves more than 20,000 community solar subscribers nationwide. There is no upfront cost or equipment needed to begin receiving credits. Residents or employers interested in offering community solar to their employees, can visit Altus Power's website to apply, according to the announcement.
“Community Solar allows residents to access the benefits of clean electric power at a discount, whether you live in an apartment building or a single-family home,” Lars Norell, co-CEO and co-founder of Altus Power, said in a statement. “As one of the first large-scale Community Solar providers in Hawaii, we’re committed to help the state reach its goal of 100% renewable energy by 2045.”
