Perch Energy

Community solar is entering a different phase of its growth. The market is no longer simply about proving that community solar can work. The focus is now on where it works, how it works and whether the model can scale sustainably. Recent investment in Illinois and New York, continued growth in several state markets, and the evolution of industry advocacy all point to a market that is becoming more mature and more integrated into the broader energy landscape. For Perch, that makes the next phase an opportunity to build on markets that work well for the entire ecosystem-projects, investors, customers, utilities and communities. https://lnkd.in/e-p4hMFN

Last week, Generate Capital announced a $117 million financing facility with MUFG supporting 18 community solar projects totaling 114 MWdc across Illinois and New York. The announcement follows a $260 million financing for approximately 85 MW of community solar projects from 38 Degrees North. Those transactions represent nearly $380 million of financing across community solar portfolios and tell us that institutional capital is still moving into community solar. For us and the rest of the industry, that's an encouraging signal: investors continue to see community solar as infrastructure with long-term value. https://lnkd.in/eEtxTHTd

The latest community solar data tells a more nuanced story than the national numbers alone suggest... While overall U.S. community solar installations declined in Q2, several state markets continued to grow. New Jersey, New York and Oregon were the only states to see more than 1% quarter-over-quarter capacity growth, while Illinois, Virginia and Delaware are also expected to see capacity growth this year. We're watching (and influencing) how different states are designing their markets and what those choices mean for project development, customer access and long-term growth. The national picture is important. But right now the state-by-state picture is telling us more. https://lnkd.in/eKEvABuq

Today's announcement that Coalition for Community Solar Access (CCSA) will integrate their team and policy work into the Solar Energy Industries Association (SEIA) marks an important moment for the industry. CCSA has spent more than a decade focused on advancing community solar and expanding access to distributed energy. We are grateful to CCSA and its staff for their tireless leadership and partnership over the years. This merger is a common sense consolidation that enables the solar industry to double down on what matters most -- bringing more clean energy to the grid and lowering electricity bills for households and businesses alike.

What’s the perfect role for someone who loves digging into the details, connecting the dots, and helping customers find solutions? How about a Senior Agent, Tier II on our Customer Operations team! Yep, we’re hiring! We're looking for someone to take on complex customer issues and escalations, work across teams to get to the bottom of things, and make sure every customer gets the thoughtful, accurate support they deserve. If you’re a natural problem-solver and a strong advocate for customers, we want to meet you. Check out this role, and others, on our careers page 👉 https://lnkd.in/eCEZDPA5

Are you someone who loves building partnerships, digging into data, and finding ways to turn ideas into growth? We’re hiring a Digital Affiliate Channel Manager to manage and grow Perch Energy’s digital affiliate channel. You’ll build partner relationships, launch and optimize campaigns, track channel performance, and work across teams to drive customer acquisition and expand access to community solar. If that sounds like you — and you’re excited to put your digital partnership skills toward making clean energy more accessible and affordable — we’d love to hear from you! Check out this role, and others, on our careers page 👉 https://lnkd.in/eCEZDPA5

🌱 We’re hiring at Perch Energy! We’re looking for a Manager of Subscription Management to join our team and help make community solar work better for the people, projects, and partners we serve. In this role, you’ll work across utility partnerships, customer enrollment, subscription sizing, and project management — helping ensure community solar projects stay filled and our developer partners get the support they need to succeed. If you’re organized, proactive, creative, and passionate about making clean energy more accessible and affordable, we’d love to hear from you! Check out this job, and others, on our careers page 👉 https://lnkd.in/eCEZDPA5

We're proud to see Solstice, now part of Perch Energy, featured in Microsoft's first-ever Community Energy Program Report!   The report highlights Boston Medical Center (BMC)'s Clean Power Prescription program, which uses community solar to help low-income patients access energy bill savings—showing the power of partnerships to create healthier, more resilient communities. Thanks to Microsoft for recognizing the impact of this work!  

Minnesota’s solar and energy storage industry continues to grow, and strong leadership will be key to supporting that momentum!

The New Mexico Public Regulation Commission has taken a major step forward for community solar by adopting consolidated billing with net crediting!     We’re grateful for the Commission's leadership and encouraged that the July 2 Order reflects many of the recommendations that Perch (and previously Solstice) has fought for over the past two years.     There is still work to do, and we look forward to making sure that the final rule fully reflects the Commission’s intention to adopt net crediting.