09-Dec-2019BARC Announces Solarize BARC – A Complete Solution of Solar Options for BARC Consumers
Date: December 9, 2019
For Immediate Release
Contact: Tish Blackwell, 800-846-2272 (email@example.com)
Millboro, VA – BARC Electric Cooperative (BARC), through its subsidiary Reliable Energy (REL), is excited to announce Solarize BARC, a new program starting in 2020 to bring a complete solution of solar-related options to BARC consumers. The program will include rooftop, utility scale, and community solar, as well as electric vehicle charging and battery storage options.
Solarize BARC will feature a new turnkey solar loan program enabling BARC Electric consumers to purchase onsite solar photovoltaic (PV) systems, electric vehicle charging stations, and battery storage solutions without any upfront costs. REL will provide low-interest loans and facilitate the engineering, procurement and construction services. Participating consumers will repay the loan over time and have an operation and maintenance (O&M) agreement to maintain the equipment. The program promises to make solar PV systems, electric vehicle charging stations and battery storage solutions accessible to consumers who do not have the means or desire to make a significant upfront financial investment. In November, BARC issued a Requests for Proposals (RFP), initiating the process of seeking a solar developer partner for the project.
In addition to onsite PV system options, Solarize BARC also features new expansion phases of the Cooperative’s popular subscription-based community solar program, which is currently sold out. BARC’s community solar program quickly oversubscribed with electric consumers locking in up to 25% of their annual electric consumption at rates that are fixed for twenty years. BARC is currently working with several co-partners to bring additional community solar online in late 2020, including Holocene Clean Energy at the 2.5MW Bustleburg I site in Rockbridge Baths, VA. Community solar provides consumers with access to solar energy in a centralized array in the same way as if it were affixed to their house. This is especially beneficial to renters, low-income consumers, and customers with physical barriers, like tree shading or inadequate roofs.
“Like our broadband project, Solarize BARC fills another need for our electric consumers while also staying true to our mission to improve the quality of life in the community we serve. Our consumers want affordable and reliable renewable energy options and we want to contribute to environmental sustainability as an organization. We were the first in Virginia to launch community solar, and we are excited to soon offer more options to our electric consumers,” said Mike Keyser, BARC’s CEO. “Now that our RFP is on the street we are able to publicly announce this exciting new program.”
BARC consumers interested in Solarize BARC, including the turnkey solar loan program, electric vehicle charging, battery storage, or community solar, will need to meet eligibility requirements that will be forthcoming in 2020. BARC plans to release additional details of the program to its electric consumers in the first quarter of 2020.
BARC Electric Cooperative is a customer-owned electric cooperative serving 13,000 residents, farms and businesses across five counties in Virginia. To continue to serve and meet the needs of its members, BARC constructed the first community solar garden in the Commonwealth and provides high-speed Internet, telephone and television service through BARC Connects, its wholly-owned fiber-to-the-home subsidiary. This institution is an equal opportunity provider and employer. To learn more about all the exciting things happening at BARC, visit www.barcelectric.com and www.barcconnects.net.