The University of Maryland Medical System has collaborated with WeSolar to develop solar farms across Baltimore City so these farms can be used to provide power supply to UMMS properties and residents.
WeSolar focuses on developing community solar as it is more accessible than rooftop solar. Customers can purchase of lease panels from a nearby farm rather than installing one. These panels transmit energy to the grid, which power the customers’ homes. Customers who use this service receive credit each billing cycle.
WeSolar CEO Kristal Hansley stated, “The company’s mission is about equity. Its main goal is to reduce the bills of low-to-moderate-income customers by at least 35%.”
UMMS will be the anchor tenant and take off 50% of the energy cost. UMMS will also provide a 180k pre-development fee to WeSolar for the development of the solar farms at locations within the Baltimore Gas & Electric utility grid.
“Partnering with WeSolar is an incredible opportunity for UMMS to engage with a locally-owned Minority Women’s Business Enterprise company that is focused on improving living conditions and the environment in Baltimore City: two important objectives that we share,” said Mohan Suntan, President and CEO of UMMS. “Not only does this project make good business and economic sense, but it also offers a splendid opportunity to work with communities beyond the walls of our hospitals.”
The project will also create more than 100 virtual jobs over the next three years.
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