Jun 1, 2015 - Boosted by a grant from the U.S. Department of Energy, nonprofit organizations in Winchester are in the process of forming what would be the first nonprofit solar consortium in the country. Winchester's energy conservation coordinator, Susan McPhee, is partnering with Village Power to help nonprofits in Winchester organize funding for community projects and to deal with administrative duties and paperwork.
May 14, 2015 - The Town of Winchester invites all Winchester non-profit organizations who own their own facility and pay electric bills to join a newly formed “Solar Consortium”. Consortium members will realize savings in their tight budgets for many years. During the first 10 years, power bills will decrease by @10-15 percent vs. present.
Apr 25, 2015 - The Melrose UU Church celebrated Earth Day by celebrating the 78 panel solar array that was financed by the local community on the Village Power platform. The system is expected to provide more than 90 percent of the church’s annual electricity use, offsetting about 22 tons of carbon, with a projected saving to the church of more than $1,100 in the first year of operation and more than $30,000 during the 15 year term of the power purchase agreement.
Nov 9, 2014 - Village Power Finance, a rapidly growing peer-to-peer finance platform for community-scale clean energy projects, announced today it was awarded $500,000 as part of the US Department of Energy's SunShot Initiative. Village Power Finance plans to use the award to add features to its platform, and expand the scope of services supplied to its peer-to-peer investor base and community of energy customers.
Sep 24, 2014 - Village Power Finance uses a model that engages community organizations, small businesses and investors to streamline the development and financing of solar and energy efficiency projects. Michel Puckett from the Clean Energy Finance Forum recently spoke with Ty Jagerson, founder and CEO of Village Power Finance, to learn more about the challenges facing medium-scale green energy development. They discussed what Village Power Finance is doing to overcome these obstacles.
Dec 12, 2013 - No more than 25 percent of U.S. rooftops are suitable for standard solar, GTM Senior Editor Stephen Lacey noted in introducing the Democratizing Solar panel at the GTM Solar Market Insight conference. A huge pool of renters and low-income customers could be brought into the solar market through emerging smaller-investor models...
Nov 4, 2013 - Village Power helps community groups get solar in two main ways. First, it creates a special purpose company to own a facility--making it an investable entity--and then takes care of administration and maintenance. Second, it establishes a crowdfunding mechanism so communities can advertise for investment, either locally or from further afield...
Oct 1, 2013 - If solar can save money and help save the planet, why are so many churches, HOAs, schools and other community organizations having a tough time getting what solar builders are eager to provide?..