Project Sunlight

Project Goals:

• Provide access to solar PV to low-income residents living in MFAH.
• Develop a cost-effective, innovative approach to scale these solar projects.
• Creation of a repeatable project model in partnership with local utilities and national investors.

ICAST is seeking partners to develop utility owned shared solar projects for low income customers. ICAST is also establishing a National Advisory Council to assist delivering on the program over the next three years.

Benefits to Utility Partners

• Consulting expertise (MFAH, Regulatory, Legal, and Financial) and access to U.S. Department of Energy funding for project development by ICAST, at no cost to the utility.
• Help your low-income and vulnerable community, with no cross subsidy.
• Program structure where savings goes to reduce bills for eligible participants or for energy efficiency upgrades (Demand Side Management Programs).
• Pilot a solar PV (and energy storage) project for clean energy and peak load management.
• Recognition on a National level as partner to this US DOE program during conferences, webinars, publications, case studies, and other media exposure.

Benefits to Investors

• Open large, untapped investment market: solar for multifamily affordable housing.
• Bankable investment as a utility backed program.
• Community Social Responsibility opportunity.
• Recognition on a National level as partner to this US DOE program during conferences, webinars, publications, case studies, and other media exposure.

Benefits to Multifamily Housing Partners

• Savings on utility bills for both commercial meters and tenants.
• Recognition on a National level as partner to this US DOE program during conferences, webinars, publications, case studies, and other media exposure.
• Green marketability of your property plus lower utility costs to potential tenants.