Save Your Residents Money on Electricity Costs With Community Solar

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Are you a property manager or landlord looking for another amenity to attract new tenants? Or maybe you’re on the board of your condo’s HOA, and you’ve heard folks asking for more ways to save money on electricity costs. By teaming with Altus Power Community Solar, you can give your residents and neighbors another reason to love where they live.  

What Is Community Solar?

Community Solar is a money-saving clean energy program open to renters and homeowners in select states. Unlike traditional rooftop solar, Community Solar does not require any onsite connection or physical equipment to participate, making it a great option for apartment and townhome dwellers or people in single-family homes who are not eligible for or cannot afford rooftop solar. When folks subscribe to Altus Power Community Solar, they begin receiving solar credits on their utility bill which offset their annual electricity costs.

Community Solar is a great way for your residents to save money and support the local generation of clean power.

Refer Your Residents to Earn Big

With our Community Solar referral program, Altus Power offers referral bonuses to residential communities for each household that joins Community Solar. Refer your residents and you’ll earn money — it’s that easy.  

For example, if 100 tenants in an apartment complex join Community Solar, the homeowner's association would earn a bonus for each of those 100 subscriptions — that money could go a long way toward new common room furniture or swimming pool repairs, right?

One New Jersey-based active adult community has already reaped the benefits of this program. To help them spread the word to their residents, we provided this community with a personalized Community Solar webpage and other marketing materials like flyers and custom emails. Although the signup process is quick and easy (it takes less than 10 minutes), some residents needed additional support. We offered them dedicated “office hours” over Zoom and priority access to Altus Power’s customer support staff.

It was an illuminating success for Altus and for the community: So far, 170 households have signed up for Community Solar through Altus Power, earning the HOA thousands of dollars. Plus, residents who got their neighbors signed up with Altus Power also received gift card bonuses through our “Refer a Friend” program.

If you’re an HOA or property manager in New Jersey, New York, Hawaii, Massachusetts, Maryland, Maine, or Minnesota, you can get started referring your residents right now. Altus Power’s owned-and-operated solar panels are already providing clean energy to local grids in these seven states, making it easy and quick to connect your property to the renewable revolution.

Even better? There are no upfront costs or fees for residents, no penalties for cancellation, and no equipment to install. The solar panels are generating clean energy at a nearby solar farm, not on your rooftop. Once your residents have signed up, they’ll enjoy access to the benefits of greener energy, and they’ll get a discount on their annual utility costs.

As Altus Power’s solar farms provide solar energy to the electric grid, utility companies provide savings to Altus subscribers in the form of solar credits, with savings of between 5% and 20%, depending on where you live. With subscribers saving money while supporting environmentally friendlier power, it’s no wonder Community Solar remains a popular choice for utility customers. As communities and real estate development vie for move-ins, Altus Power’s Community Solar can offer a power-ful amenity to hook prospective residents.

And with savings for residents, referral bonuses for managers, and a reduction in reliance on fossil fuel, it’s a win-win-win.

Get In Touch

Ready to offer your residents Community Solar and get rewarded for it? Reach out to hello@altuspower.com and we’ll help you get started.

Interested in getting started with Community Solar?

Reduce your electricity costs and help your community go green with Community Solar.

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