Green Mountain Power partners with Yeloha to institute a “solar sharing” network
Written By: Tracy Dawson Roses
September 21, 2015
On September 21, Green Mountain Power announced a partnership with Yeloha, a peer-to-peer solar sharing network, to make it possible for individuals who don’t have a roof suited for solar to subscribe online to power produced by other homeowners and businesses. Those who do own suitable roofs will be offered to host the panels free of charge in exchange for sharing some of their solar power.
GMP President and CEO Mary Powell commented:
“We see a tremendous opportunity in leveraging more rooftops around Vermont for the benefit of all those who may currently be renters, or own homes that are not well suited for solar. As Vermont’s energy company of the future, we are transforming the old grid system into one where power is generated and consumed closer to the home or community where it is needed. This partnership with Yeloha will help accelerate this revolution in distributed power.”
Amit Rosner, CEO of Yeloha commented: “This partnership marks the first utility-adopted Sharing Economy platform to offer its customers the opportunity to generate their own energy and share it with other residents online. The initiative represents a beacon of change for energy nationwide,” states
Yeloha is an online platform that is often referred to as the “Airbnb of Solar” because it lets people put their unused roofs to work, benefiting themselves and others.
The partnership will start as a pilot in Rutland and Barre Vermont, where it will provide options for homeowners to save money while living sustainably, and also create opportunities for local solar developers and installers who will deploy the installations.