Oswego Credit Union Goes Solar Without Installing Panels – Oswego County Today
OSWEGO – On April 26, 2022, Community Solar Authority, a company that helps organizations access solar credit through community solar, working in Oswego, registered the Oswego Federal Credit Union (OFCU) to align with the values of sustainability while benefiting from recent community solar legislation.
OFCU is becoming a sustainability leader for the Oswego County area through simple sustainability options with the Community Solar Authority.
Through the agreement with the Community Solar Authority, the Oswego Federal Credit Union has subscribed to local New York City community solar farms and will receive solar credits on its utility bill when the project goes live.
According to a managing partner of the Community Solar Authority, Dakota Malone, “the credit union will reap the benefits of guaranteed savings by becoming a subscriber.”
“Based on the credit union’s electricity usage, we basically put them in place to save thousands of dollars a year in electricity costs with a ten-minute sign-up process and free attendance,” Malone said.
The Community Solar Authority helps business owners, investors and municipalities access community solar power through no-loss deals and also serves as a gateway to simple sustainability through low-barrier legislation to entry that accompanies involvement.
In 2019, New York State passed the Climate Leadership and Community Protection Act (CLCPA), which details the state’s aggressive renewable energy goals. Outlined in the CLCPA, the state government wants 70 percent of the state’s electricity to come from renewable sources by 2030, and according to Malone, community solar power is one of the primary means of that. reach this goal.
Community Solar Authority Managing Partner Dakota Malone said, “We are honored to transform the way New York organizations think about sustainability. Having grown up in CNY myself, it’s great to be able to serve in local markets and bring value back to the same community I grew up in. We are committed to serving as expert guides to help bridge the gap with community solar power for local organizations. Working with OFCU has been beneficial in helping move toward New York’s aggressive clean energy goals, and it’s going to bring incredible ROI on a $0 investment.
The Community Solar Authority also offers community solar options to New York City homeowners, tenants and businesses. Visit https://www.communitysolarauthority.com/news/oswego-federal-credit-union for more information.