SunEdison will help low income households in the US state of Massachusetts to save US$60 million in energy bills with the installation of 39.5MW of solar systems across 16 housing associations.
Global solar developer, SunEdison has set up Power Purchase Agreements through PowerOptions, an energy buying consortium in Massachusetts, with 16 housing authorities across the state. This will save around US$60 million in electricity bills over the course of the solar systems’ life spans.
“SunEdison's work with public housing authorities in Massachusetts clearly demonstrates that the economic benefits of solar are for everyone,” said Steve Raeder, managing director of sales, SunEdison North America.
“These housing authorities, and other members of the PowerOptions energy buying consortium, can hedge against the rising cost of electricity by adopting solar power,” said Cynthia Arcate, PowerOptions president and chief executive officer.