GMP Solar Net Metering Customers Can Now Share Their Credits to Help Small Businesses and Nonprofits
Pioneering Program Features Simple ‘Share With Vermont Green’ App To Help Economic Recovery from COVID-19 Downturn
COLCHESTER, Vt. – Green Mountain Power (GMP) customers can now enroll in Share With Vermont Green, a pioneering pilot program empowering solar net metering customers to share their credits with other customers. The shared energy credits will go to small businesses and nonprofits in Vermont recovering after the COVID-19 shutdown. Solar net metering customers, who are not already in a group share, can download an app to set the maximum amount of energy credit they’d like to share on a daily basis, and small businesses and nonprofits can sign up online to receive those credits on their monthly energy statements.
“This is a great new way for neighbors to help neighbors – which we have seen Vermonters do in so many different ways since COVID-19 hit the state,” said Josh Castonguay, vice president of innovation and engineering at GMP. “This app lets you share new credits you generate to help the local economy, and you can adjust the amount you share – or stop sharing – at any time. By using an app, customers can turn it on or off – or just set it and forget it, knowing their generosity will make a difference for other customers!”
GMP launched this program as an Innovative Pilot that helps explore new ways to provide savings and services to customers. The amount a business receives as a credit on their energy statement each month will vary depending on how many solar net metering customers sign up to participate in the program, how much energy they generate and share, and how many businesses enroll to benefit from the pool of shared credits.
Signing up to share solar credits is done by filling out a sharing enrollment form on GMP’s website. Businesses and nonprofits interested in enrolling to receive credits should email [email protected], and GMP’s Business Team will work with you.
The Share With Vermont Green Program is just one part of GMP’s larger initiative Go, Save & Share Green, which launched last month to help customers save money, reduce carbon emissions, and help one another during this difficult time. As part of that, rebates were enhanced and extended through the summer on heat pumps, electric mowers, and electric bikes. Another pilot program, which allows customers to reduce their energy usage while benefiting the Vermont Foodbank, is set to launch next week. Learn more about GMP’s Go, Save & Share Green initiative.
About Green Mountain Power
Green Mountain Power (GMP) serves approximately 266,000 residential and business customers in Vermont and is partnering with them to improve lives and transform communities. GMP is focused on a new way of doing business to meet the needs of customers with integrated energy services that help people use less energy and save money, while continuing to generate clean, cost-effective and reliable power in Vermont. GMP is the first utility in the world to get a B Corp certification, meeting rigorous social, environmental, accountability and transparency standards and committing to use business as a force for good. GMP earned a spot on Fast Company’s Most Innovative Companies in the World list four years in a row (2017, 2018, 2019, 2020). J.D. Power’s 2018 and 2019 rankings put GMP among top utilities for customer satisfaction. In 2019 and 2020, GMP was named “One of the Best Places To Work in Vermont” by Vermont Business Magazine and the Vermont Chamber of Commerce, and was the winner of the Deane C. Davis Outstanding Vermont Business of the Year Award in 2019.
Kristin Kelly, Green Mountain Power
This is a great new way for neighbors to help neighbors – which we have seen Vermonters do in so many different ways since COVID-19 hit the state.Josh Castonguay, GMP Vice President of Innovation & Engineering