New Columbia Solar
New Columbia Solar, founded in 2016, has developed over 300 solar projects in Washington, DC, investing $150 million and achieving a 99.7% interconnection rate.
History
New Columbia Solar was founded in 2016 to meet the rising demand for clean energy in Washington, DC. Since its inception, the company has taken significant strides in the renewable energy sector by developing over 300 solar projects. Their commitment to solar energy investments is evident through their $150 million expenditure in various projects. The company's efforts have resulted in achieving a 99.7% interconnection rate for their projects.
Services
New Columbia Solar offers a suite of services aimed at transforming rooftops, parking garages, or vacant land into productive solar projects. The company provides property owners with pathways to low-risk income streams, including options for roof repairs and replacements. Additionally, New Columbia Solar pledges to operate and maintain these solar projects for their entire lifetime, ensuring optimal performance and reliability.
Projects
With more than 300 solar projects developed to date, New Columbia Solar has established itself as a significant player in Washington, DC's renewable energy landscape. Their projects range from small installations on residential rooftops to extensive arrays on commercial and public properties. These projects not only advance clean energy but also offer economic benefits to property owners and the community.
Power Purchase Agreements (PPAs) and Leasing
New Columbia Solar partners with property owners to provide discounted electricity rates through Power Purchase Agreements (PPAs). These agreements allow property owners to benefit from lower energy costs without upfront investments. Alternatively, the company offers fixed lease payments for the use of space, a compelling option for those looking to earn a steady income from their property.
Solar for All Program
The Solar for All program is a key initiative of New Columbia Solar, aiming to make clean energy accessible to 100,000 low-to-moderate-income families in the District of Columbia. Through this program, the company strives to contribute to a more equitable distribution of renewable energy benefits, ensuring that more families can take part in the transition to sustainable energy.