GEM$ Energy Services Program
What is the Green Energy Money $aver (GEM$) Energy Services Program?
Similar to a solar lease or a solar power purchase agreement, the GEM$ Energy Services Program (ESP) provides low and moderate-income (LMI) homeowners and renters an opportunity to lower their energy cost with no upfront cost. The GEM$ Energy Services Participant Agreement (Participant Agreement) is a long-term contract between an energy company (System Owner), which installs, owns and operates a solar PV system (Solar System) on the rooftop of an LMI household (LMI Ratepayer). Once installed and operational, the LMI Ratepayer purchases the energy generated by the Solar System for a pre-determined amount and pre-determined period.
The GEM$ Energy Services Program features:
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- Immediate estimated bill savings.
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- Elimination of credit barriers.
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- Obligation tied to the utility meter, assumable by future utility account holder(s).
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- Payments conveniently made on your monthly electric utility bill.
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- Long-term agreements with options to purchase or renew.
- Pre-determined energy rate(s).
The GEM$ Energy Services Program, which received support from the U.S. Department of Energy as part of the Scaling Up Solar for Under-Resourced Communities Project is currently offered by select Contractors (email [email protected] for GEM$ ESP participating contractors).