Light Up New York in a New York Minute! Sign Up for Altus Power Community Solar Today

Rhea-AI Summary

Altus Power (NYSE: AMPS) is offering Community Solar spots to New Yorkers, allowing both renters and homeowners to save on utility costs and support clean energy. A 2.8 megawatt solar array at the Morgan Stanley campus in Purchase, NY, will provide discounted, clean power to the community. Key points:

• No installations or upfront costs required
• Open to ConEd, NYSEG, and NAT GRID customers
• Expected to save carbon equivalent of burning 2.9 million pounds of coal
• Morgan Stanley will use 40% of the generated power
• Remaining benefits offered to local residents, including Morgan Stanley employees

Interested parties can sign up quickly at altuspower.com/states/new-york. spots available, with priority for those qualifying for certain state benefits.

Limited number of spots available in soon to be energized project at the Morgan Stanley campus in Purchase, NY

STAMFORD, Conn.--(BUSINESS WIRE)-- In the city that never sleeps, every New York minute counts. And now, in just a minute, you can make a lasting impact on your energy bill and the environment. Say hello to Altus Power Community Solar, the no-strings-attached way to power your community with the benefits of clean, renewable energy. Altus Power (NYSE: AMPS), the largest commercial scale provider of clean electric power, is offering slots to both renters and homeowners who are looking for opportunities to save on their annual utility costs while supporting New York’s transition to clean electric power.

“New Yorkers are known for their hustle, and Community Solar fits right into our fast-paced lives. This program lets you tap into local solar farms without installing panels on your roof,” said Nichole Clennon, Vice President of Community Solar, Altus Power. “It’s a win-win: you save money on your electricity costs and reduce your community’s carbon footprint, all through a simple sign-up process, because every moment - and every kilowatt hour - counts.”

Through an Altus owned and operated solar project at the Morgan Stanley campus in Westchester County, a limited number of spots will be available to residents in the community, including Morgan Stanley employees.

Here’s how eligible New Yorkers can sign up:

1. Sign Up in a Snap: Visit https://www.altuspower.com/states/new-york and submit an application in less time than it takes to order your morning coffee.
   1. If you’re a ConEd, NYSEG or NAT GRID customer, you may be eligible!
   2. Fill out your address and utility account information
   3. Depending on your utility, you may be asked to set up a payment method to pay for your discounted bill credits.
2. Connect to the Benefits of Solar Power. Secure your spot in advance to lock in your savings before slots fill up. No installations, no upfront costs, no changing utility providers, no headaches.
3. Enjoy the Savings: Once the solar farm is live and sending clean power to the grid, watch your electricity bill shrink while you bask in the glow of renewable energy.

Why Trust Community Solar? We get it – New Yorkers are savvy and cynical. So let’s clear the air: Community Solar is not a scam. It’s a state-supported initiative designed to make solar power accessible to everyone. Whether you’re renting a cozy apartment in Manhattan or own a brownstone in Brooklyn, you can join the solar revolution. And if you move within New York, your Community Solar benefits move with you.

Limited spots are available, with priority access given to those who qualify for certain state benefits.

As one of the pioneers of Community Solar, Altus Power currently serves more than 25,000 subscribers nationwide. The soon-to-be energized 2.8 megawatt solar array is located on parking canopies at Morgan Stanley Wealth Management’s campus in Purchase, N.Y., and is expected to save the carbon equivalent of burning more than 2.9 million pounds of coal or more than 4,700 barrels of oil as compared to utility power. Morgan Stanley will benefit from 40% of the discounted, clean electric power generated from the project, with the remaining benefits to be offered to residents in the local community, including Morgan Stanley employees.

About Altus Power
Altus Power, based in Stamford, Conn., is the largest commercial-scale provider of clean electric power servicing commercial, industrial, public sector and Community Solar customers with end-to-end solutions. Altus Power originates, develops, owns and operates locally-sited solar generation, energy storage and charging infrastructure across the nation. Visit www.altuspower.com to learn more.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240822240688/en/

Altus Power Contacts:

Jenny Volanakis

mediarelations@altuspower.com

Source: Altus Power, Inc.

FAQ

How can New Yorkers sign up for Altus Power Community Solar?

New Yorkers can sign up for Altus Power Community Solar by visiting altuspower.com/states/new-york and submitting an application. The process is quick and simple, requiring only address and utility account information.

What are the benefits of joining Altus Power's Community Solar program?

Benefits include saving money on electricity costs, supporting clean energy transition, no need for panel installations, no upfront costs, and the ability to keep benefits when moving within New York.

Where is the Altus Power Community Solar project located?

The Altus Power Community Solar project is a 2.8 megawatt solar array located on parking canopies at Morgan Stanley Wealth Management's campus in Purchase, New York.

Who is eligible for Altus Power's Community Solar program in New York?

ConEd, NYSEG, and NAT GRID customers in New York are eligible for Altus Power's Community Solar program. Both renters and homeowners can participate.

What environmental impact will the Altus Power (AMPS) Community Solar project have?

The project is expected to save the carbon equivalent of burning more than 2.9 million pounds of coal or more than 4,700 barrels of oil compared to utility power.