Common Energy
Common Energy helps businesses and consumers meet their ESG goals through innovative renewable energy strategies, offering community solar projects that generate clean energy and reduce electricity costs.
Services
Common Energy helps businesses meet and fund their ESG initiatives through innovative renewable energy strategies. They offer community solar projects that allow consumers, including both homeowners and renters, to save on their electricity bills by supporting local solar projects. These services do not require any installation or maintenance on-site and guarantee savings for participants.
Community Solar Projects
Common Energy manages over 80 community solar projects across the United States. These projects are located in states such as Illinois, Massachusetts, Maryland, Maine, Minnesota, New Jersey, New York, and Oregon. The projects generate millions of kilowatt-hours of clean energy annually and are in part supported by state programs in various states including California, Delaware, and Virginia. Participants in these projects receive energy credits on their electricity bills, effectively reducing their energy costs while supporting local renewable energy.
Partnerships
Common Energy has partnered with community solar developers across the nation to help connect more clean energy to the electrical grid. Additionally, it has established collaborations with major corporations like Microsoft, Nike, and Raytheon to support and expand community solar projects. These partnerships play a crucial role in the company's mission to replace fossil fuels with local, clean energy.
Investment and Funding
Common Energy has received significant investment from S2G Ventures and Builders Vision. These investments aim to accelerate the company's mission and increase its impact in the renewable energy sector. The funding supports the growth and expansion of their community solar projects, enabling more widespread adoption of clean energy solutions.
Corporate Responsibility and Contributions
Common Energy is committed to giving back to the community. They contribute a portion of their profits to leading organizations such as One Tree Planted, Greater Englewood Community Development Corporation, United Way of the Southern Tier, The Power Shift Network, and Feeding America. This commitment underscores their dedication to not only providing clean energy but also supporting broader environmental and social causes.