Sunnova Energy International and Montgomery County Green Bank (MCGB) are partnering on a suggestion to assist low-to-moderate earnings (LMI) households in Montgomery County, Maryland, transition to photo voltaic vitality.
This program is obtainable to Montgomery County households that earn as much as $97,500 per yr and wish to go photo voltaic with none upfront prices. By way of an modern construction of Inexperienced Financial institution assets in partnership with Sunnova, extra choices are being made out there to qualifying households to both lock in a predictable photo voltaic vitality charge for 25 years or choose Sunnova’s new providing that permits clients to lock in a set low cost from the utility.
“A key good thing about this partnership with Sunnova is that it creates a possibility for income-qualified households within the County to entry photo voltaic by way of artistic, reasonably priced financing options who might not in any other case be eligible by way of conventional financing,” mentioned Tom Deyo, CEO, Montgomery County Inexperienced Financial institution. “Our collaboration with Sunnova aligns with our mission to make clear vitality and climate-resilient options extra accessible and reasonably priced for all.”
With utility charges rising considerably throughout the nation, this program will permit clients to guard themselves from unpredictable utility costs, take management of their house vitality prices, and energy their house with a greater vitality service at a greater value.
Prospects may also get to work with Sustainable Vitality Techniques, one in every of Sunnova’s trusted sellers in Montgomery County, who will set up their programs.
“These communities typically endure the results of local weather change extra so than others and this program will permit Sunnova to get extra photo voltaic into the palms of house owners that want it most,” mentioned Kelsey Hultberg, EVP, Sustainability and Company Communications at Sunnova.