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Hey guys, this is Dakota Malone. I co-founded Community Solar Authority and welcome back to Sustainability Strategies. I have been traveling the last couple of weeks and I have not posted a podcast.
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I wanted to make this episode as a way to catch up on some things that are top of mind for our business. Some of the things we’re working on with the changes in the community solar landscape. And to really just stay consistent with my podcast and come out with a few announcements.
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First of all, maybe playing a little catch up, we recently helped a large manufacturer in upstate New York access $175,000 a year in savings using the community solar program. These guys, just like any other manufacturer are always looking for ways to reduce costs, especially in the energy space, with this being typically one of their largest overhead expenses. So I talk a lot about community solar on this podcast and how we’ve unlocked access to over $35 million with community solar, but I don’t always do these deal reviews, but thought it was worth mentioning because of changes in New York legislation.
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We are advising all of our clients that if they have hesitated on accessing community solar, or they just haven’t gotten around to it, that they take action sooner rather than later, because we are seeing the New York community solar market change. It started as one of the first markets, one of the most stabilized community solar markets, and with the new proposed legislation from the governor, she is suggesting that community solar be moved to a utility model, meaning the utility chooses where these bill credits go, who gets them and ultimately changes the way that large anchor tenants can participate and subscribe. So with these new developments taking place in the market, we essentially don’t know how much capacity we’re going to have in the future, because most of what we’re seeing and the big advantage to working with our company is that we’re consulting alongside some of the largest community solar developers in the space.
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So we see into their future pipelines and a trend that we’re noticing are that many of these new community solar developments are going under this new legislation and therefore will not be available for an anchor tenant to subscribe to. So if community solar was something that you wanted to take a look at, get educated on, take action on, we are telling our clients that this is the year to do it simply because we’re not sure how much capacity we’ll have for you next year. So this was the conversation we had with this upstate New York manufacturer.
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They had nine locations at the time. One was destroyed in a snowstorm for those in the Northeast. You know how brutal the winters were this past year.
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And so we ultimately ended up enrolling eight of their utility accounts across the national grid territory. The deal took us four to five months to complete with some changes from those from the snowstorms and them having to close a facility. Normally our rollouts take about 90 days.
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This one took slightly longer, but we got the deal done. And again, they were able to access $175,000 a year in savings. Next, I want to talk about some changes to the podcast.
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I am going to be launching a newsletter alongside Sustainability Strategies as the podcast, and it is going to have a newsletter version as well. I am noticing a call from our clients and really just seeing a need in the market as a one-stop shop for large energy users to better understand sustainability principles and strategies that will help enhance resiliency at their organization. There are some great newsletters out already.
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I think of Utility Dive and stuff that PV Magazine puts out, but our newsletter is going to have certain flavors and features and be rich with content, most importantly from other people. And so another big change that I want to dive into on this podcast is to start to invite some of my friends, some guests, and some experts onto the show where we can hear about what’s going on in their world, their views of sustainability. And attempt to add even more value to what we’re doing here.
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Community solar is something that we’ve talked about endlessly. It’s been a very niche product that we’ve offered over the last half decade plus. And as we talk about going into some joint ventures, working on some larger projects, tackling some of the biggest problems in the energy space, I want to open up this podcast to talk about more than community solar and really get into topics like enterprise sustainability, maximizing resiliency, and energy independence, so stay tuned.
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I’m going to be inviting some future guests. Of course, we’re going to be continuing to talk about community solar and all of the wins that we’re creating along the way, but we’re also going to be talking about some of these bigger problems that we’re solving, showcasing the solutions that we have, doing deal breakdowns of the case studies, and I always appreciate you guys tuning into these episodes and checking us out. I encourage you to connect with me on LinkedIn at linkedin.com slash in slash Dakota Malone.
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Feel free to email me if you have any questions at dmalone at communitysolarauthority.com. Thanks for tuning in and I will catch you on the next episode.