NRG Energy (NYSE:NRG) announced July 18 that its renewables business’ newest community solar facility in Massachusetts has been completed in Pepperell, Massachusetts to serve the electricity needs of residential customers.
The community solar project – The Nashua Road Solar Project — has a rated capacity of 1.3 MW dc (1MW ac) and is comprised of more than 4,000 solar photovoltaic panels. It will deliver enough clean power to serve the energy needs of 170 residential customers in the region and is already 100% subscribed.
The new site, which follows the company’s similarly-sized project in Freetown, Massachusetts furthers NRG’s commitment to community solar and provides affordable, clean energy produced at a solar farm in residents’ local utility service territory.
Subscribers to the Nashua Road facility entered into a 20-year agreement with NRG Community Solar that provides price stability and projected savings. Customers earn credits toward their energy bill based on their allocation of renewable energy net metering credits that are generated by the project each billing cycle.
The project represents one of many community solar projects the NRG family has in the pipeline in Massachusetts, Minnesota, and New York. The company also offers retail electricity in 10 Northeastern states and rooftop solar in Massachusetts, New York and New Jersey.
“Going solar has never been easier or more affordable,” said Drew Warshaw, Vice President of Community Solar, NRG. “If your roof faces north instead of south, if you have a tree you don’t want to cut down or if you simply don’t want solar panels on your roof, community solar is a great solution. It gives you long-term savings, price stability to avoid spikes in your utility bill and the chance to support clean energy – all without doing anything to your house,” Warshaw said.