Central Hudson-Area Residents and Businesses Can Save Money
on their Utility Bills while Supporting Local Solar Growth
NEW
YORK, May 22, 2024 /PRNewswire/ -- Catalyst
Power Holdings LLC ("Catalyst Power"), an integrated provider of
cleaner energy solutions, has opened more than 2,000 MWh of
community solar capacity for Upstate New York residents and small
commercial businesses serviced by Central Hudson Gas &
Electric. Community solar provides local residents and businesses
with affordable, clean energy while supporting local jobs and
economic development. Residents and businesses in Albany, Columbia, Dutchess, Greene, Orange, Putnam, Sullivan, and Ulster Counties have the potential to realize
immediate savings of up to 10% with no upfront investment,
construction, or long-term contracts.
"We are pleased to be able to offer savings to Upstate residents
and businesses with community solar capacity. Community solar
provides a simple and carefree way to save money while supporting
local clean energy growth," said Gabe
Phillips, CEO and Founder of Catalyst Power. "Now, anyone in
the community can tap into solar savings and environmental
benefits, regardless of their home or business's suitability for
panels."
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 10% on their bills. Community solar enables people and
businesses to benefit from solar energy and save on electricity
costs.
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
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SOURCE Catalyst Power