Photo: Bill Mead | Unsplash
Resonant Energy, a Boston-based solar energy provider, has developed a novel approach for sharing the benefits of solar energy. The certified B Corporation has launched a platform that enables customers in Massachusetts, US, who oversize their arrays – that is, who install more solar panels on their roofs than they need to meet their own energy needs – to donate the extra energy savings to low-income families. Sharing those savings with low-income families though the company’s Solar Equity Platform, said Ben Underwood, Resonant’s co-CEO and co-founder, would “help people benefit from the transition to clean energy who might otherwise be left out.” Underwood estimates that if a quarter of residential solar installations were oversized across the state, the Solar Equity Platform could generate about $1.57 million in bill savings annually, eliminating the electricity costs for the equivalent of more than 1,300 low-income households.
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