According to a recent report by Goldman Sachs, renewable energy is leading the third American post WW2 energy revolution. At the same time, electricity is poised to play a much bigger role in overall energy usage. This electrification is a positive thing: getting off fossil fuel dependency as we power more homes, factories, machines and vehicles is more than ever a necessity. But in order for America to have a chance at hitting global climate targets, the commercial sector needs to ensure that its power is electric and clean. In short: the future of net zero depends on solar-forward commercial that transforms communities.
We built Altus Power with the foresight that renewable energy and reducing carbon emissions would be important to commercial clients. As renewable energy growth outpaces most other industries, we are seeing that prediction come to fruition. And we are ready, willing and able to deliver the type of power needed to improve local communities.
At Altus Power, we make clean electric power exactly where it is needed most — where commercial activity takes place.This doesn’t require massive changes to the grid, and can, in fact, weather many of the grid issues that we’re seeing, because we are making the energy where it is consumed. Here’s what this looks like in action: When you add energy storage it can power buildings at night. When it’s coupled with EV charging, it can power vehicles, including fleets of trucks and vans, with clean electric power. The result is an overall energy cost reduction and a path forward to decarbonization.
And most importantly, it allows for Community Solar, which we believe is at the center of the energy revolution. Put simply, Community Solar democratizes access to the benefits of clean energy. For the first time, solar is available to everyone: renters, multi-family homes, small businesses and more. AltusCommunity Solar Farms are built where the power is being used, making it easy for companies and individuals to reap the environmental and financial benefits.
When commercial companies embrace renewable energy sources like solar energy, local communities stand to win big. From the revitalization of local economies to increased energy independence, communities are benefiting on multiple fronts. By partnering with commercial companies and encouraging them to support clean power through Community Solar, Altus Power is working to pave the way toward a brighter and greener future, one ray at a time.
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