Massachusetts Commercial Businesses Can Save Money on their
Utility Bills while Supporting Local Solar Growth
WORCHESTER, Mass.,
May 15,
2024 /PRNewswire/ -- Catalyst Power Holdings LLC
("Catalyst Power"), an integrated provider of cleaner energy
solutions, has opened more than 5 MW of community solar capacity
for small commercial businesses across Massachusetts serviced by National Grid and
Eversource. Community solar provides businesses with affordable,
clean energy while supporting local jobs and economic development.
Community solar requires no upfront investment, construction, or
long-term contracts yet offers savings of as much as 10% of their
electricity bills.
"Community solar offers a fantastic opportunity for Massachusetts small commercial businesses to
realize smart savings with little to no upfront investment or risk.
Now, commercial businesses can tap into solar savings and
environmental benefits, regardless of their business's suitability
for panels," said Gabe Phillips, CEO
and Founder of Catalyst Power. "We are pleased to be able to offer
savings to Massachusetts
businesses with this new community solar capacity".
Community solar refers to a local solar power farm shared
by multiple households and businesses within a community. Instead
of installing solar panels on individual rooftops, participants
subscribe to or purchase a share of a larger solar farm located
offsite. The electricity generated by this community solar project
is credited to the subscribers' utility bills, allowing subscribers
to save up to 10% on their bills. Community solar enables people
and businesses to benefit from solar energy and save on electricity
costs.
Massachusetts businesses
interested in community solar with Catalyst Power can visit:
https://info.catalystpower.com/community-solar-overview
Phone: 1-888-789-7250
Email: contact@catalystpower.com
About Catalyst Power Holdings LLC:
Catalyst Power
Holdings LLC is an independent, integrated provider of cleaner
energy solutions for the commercial and industrial sector through
commercial energy, cogeneration, customized Connected Microgrid
solutions, EV charging, demand response, and community solar to
underserved middle-market commercial and industrial end-use
customers, improving the overall efficiency and environmental
impact of their supply. Catalyst Power is a portfolio company of BP
Energy Partners, LLC. More info: www.catalystpower.com
About BP Energy Partners, LLC:
BP Energy Partners, LLC
(BPEP), is a Dallas, Texas based
growth-oriented private equity firm. Since its inception, BPEP has
focused on a lower carbon future by establishing and growing
sustainable and responsible companies in the natural gas value
chain, including infrastructure, power, logistics, transportation,
environmental services, renewable natural gas, midstream, and
distribution. BPEP will also invest in low-carbon energy solutions
and renewables. BPEP collaborates with entrepreneurs, family-owned
businesses, project developers, and experienced management teams to
provide patient capital, financial and operating expertise, and
deep industry relationships. BPEP currently manages over
$560 million in committed capital and
is actively investing in new opportunities. More information can be
found at www.bpenergypartners.com.
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SOURCE Catalyst Power