Distributed Energy Resources, Utilities, Solar - May 25, 2022
Colorado Adds Income-Qualified Community Solar
A 41 MW community solar portfolio will be developed in Colorado to serve income-qualified households beneath an established income threshold.
The solar project represents one of the largest income-qualified portfolios in the U.S. and will impact thousands of households by increasing access to affordable, clean energy. Pivot Energy was selected by Xcel Energy to develop the project.
By offering affordable community solar subscriptions to income-qualified households, Pivot Energy will be able to service groups that have historically been left out of the clean energy transition and that face many of the most adverse climate impacts.
The development of an income-qualified portfolio of this size is possible in Colorado because of the state's renewable energy regulatory landscape, which is designed to address energy equity issues while fulfilling the public demand for a transition to clean, emissions-free energy production.
"We are pleased to be working with Pivot Energy on this community solar portfolio. Subscribing to these community solar gardens will bring energy-bill savings to our income-qualified customers and help them be part of the clean-energy transformation,” said Emmett Romine, Vice President of Customer Solutions and Innovation for Xcel Energy, in a statement.