Commercial, Solar, Sourcing Renewables  -  April 3, 2024

SmartStop Self Storage Deploys Solar

SmartStop Self Storage REIT, Inc., a self-managed and fully integrated self-storage company, announced its 50th property located in Chula Vista, California, is now using solar power.

The company launched its Solar Initiative in 2020 and now 50 properties in 12 states are powered by solar.

The implementation of solar energy at these properties will generate approximately 5.7 megawatt-hours (MWh) of clean energy annually, resulting in an estimated $900,000 per year in electricity savings. 

"We are thrilled to achieve this milestone in our Solar Initiative program, marking a significant step forward in our continued commitment to sustainability," said James Barry, CFO of SmartStop, in a statement. "This accomplishment underscores our dedication to reducing our environmental impact while realizing tangible financial benefits. We look forward to continuing our efforts to integrate renewable energy solutions across our operation.”