Ignite Renewable Capital DC
This project consists of 40 residential solar systems, totaling approximately 225 kW, spread across Washington DC. Power is being sold for free to the residential customers in exchange for the Projects being placed on their roofs. This will provide free power for 20 years to the customers, resulting in total savings of approximately $30,000 per year (or $750 per customer), or $725,000 over the Portfolio’s life ($18,125 per customer).
The Portfolio will generate revenue through the territory-mandated solar renewable energy certificates (“SRECs”), which allows for the owners of solar projects to sell the green / renewable attributes so that local utilities can meet their territory-mandated renewable energy generation mandates.
Learn more about Ignite Renewable Capital