Half of the power generated by the initiatives is reserved for low-to-moderate-income New Yorkers. These households and companies will save upwards of 10% on their electrical energy prices as subscribers to the initiatives. As electrical energy charges proceed to rise throughout the nation, these financial savings grow to be more and more significant for People on the lookout for methods to economize in at present’s inflationary setting.
“As a crew primarily based in New York Metropolis, it’s all the time additional rewarding for us to construct initiatives that present power financial savings and cleaner electrical energy to our fellow New Yorkers,” stated Nick Blitterswyk, founder and CEO of UGE. “We’re trying ahead to bringing a number of different neighborhood photo voltaic
initiatives in larger New York Metropolis on-line this yr.”
With the completion of those two new initiatives, UGE now owns and operates 11 photo voltaic initiatives totaling 5.6 MW. UGE has an extra 9 initiatives totaling 17.7 MW below building, and one other 310.7 MW of initiatives in growth being ready to be constructed.
Information merchandise from UGE