Moving Community Solar Forward in Massachusetts

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Moving Community Solar Forward in Massachusetts

July 18, 2016 at 9:00 AM EDT

Consumer Demand Strong for Renewable Energy Sources
in the Commonwealth

PRINCETON, N.J. – July 18, 2016 NRG Energy, Inc. (NYSE: NRG) today announced that its renewables business’ newest community solar facility in Massachusetts has been completed in Pepperell, Mass. to serve the electricity needs of residential customers.

The community solar farm – The Nashua Road Solar Project — has a rated capacity of 1.3 megawatts dc (1MW ac) and is comprised of more than 4,000 solar photovoltaic panels. It will deliver enough clean power to serve the energy needs of 170 residential customers in the region and is already 100% subscribed. The new site, which follows the company’s similarly-sized project in Freetown, Mass., furthers NRG’s commitment to community solar and provides affordable, clean energy produced at a solar farm in residents’ local utility service territory.

“Going solar has never been easier or more affordable,” said Drew Warshaw, Vice President of Community Solar, NRG. “If your roof faces north instead of south, if you have a tree you don’t want to cut down or if you simply don’t want solar panels on your roof, community solar is a great solution. It gives you long-term savings, price stability to avoid spikes in your utility bill and the chance to support clean energy – all without doing anything to your house.”

Subscribers to the Nashua Road facility entered into a 20-year agreement with NRG Community Solar that provides price stability and projected savings. Customers earn credits toward their energy bill based on their allocation of renewable energy net metering credits that are generated by the project each billing cycle.

“Generating electricity from renewable energy offers significant public benefits and health dividends,” said Stephen Themelis, Chairman of the Pepperell Board of Selectmen. “The Town of Pepperell welcomes the opportunity to be part of this important and sustainable project for renewable energy resources now, and in the future.”

The project represents one of many community solar projects the NRG family has in the pipeline in Massachusetts, Minnesota, and New York. The company also offers retail electricity in 10 Northeastern states and rooftop solar in Massachusetts, New York and New Jersey.

About NRG
NRG is the leading integrated power company in the U.S., built on the strength of the nation’s largest and most diverse competitive electric generation portfolio and leading retail electricity platform. A Fortune 200 company, NRG creates value through best in class operations, reliable and efficient electric generation, and a retail platform serving residential and commercial businesses. Working with electricity customers, large and small, we continually innovate, embrace and implement sustainable solutions for producing and managing energy. We aim to be pioneers in developing smarter energy choices and delivering exceptional service as our retail electricity providers serve almost 3 million residential and commercial customers throughout the country. More information is available at Connect with NRG Energy on Facebook and follow us on Twitter @nrgenergy.

Erik Linden 609-524-4519