Altus Power Results Presentation Deck
Community Solar - An Altus Power Solution for the Residential Segment
Community solar enables residential customers to sign up as off takers for our commercial-scale projects under
a "virtual" net metering rate, currently offered in IL, MD, MA, MN, NJ, HI¹ and NY
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Subscribers
Bill
Credits
$
Subscription
Community Solar Project
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Electrical Grid
Over 5,000 community customers served by almost 40 megawatts of our
projects including apartment residents and lower/middle income (LMI) customers
55 megawatts² of additional community projects agreed including 35 megawatts
Blackstone Link Logistics NJ and 20 megawatts of CBRE IM Maryland programs
Bulk discount to customers drives demand for our projects since Altus bills
customer for power at a fixed discount to the prevailing local utility rate
¹ In Construction
2 These additions are approximate and are subject to completion and there is no guarantee as to when or if these additions will be realized and contribute to revenues
Q1 2022 Earnings
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