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:
- Immediate estimated bill savings.
- Elimination of credit barriers.
- Obligation tied to the utility meter, assumable by future utility account holder(s).
- Payments conveniently made on your monthly electric utility bill.
- Long-term agreements with options to purchase or renew.
- Pre-determined energy rate(s).
The GEM$ Energy Services Program will be available to eligible LMI households participating in the campaign scheduled to launch in January 2024. Register to receive more information on the Solarize808 campaign at www.solarize808.com.
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).