2023-04-26 08:37:50 ET
- BRIDGE Housing, in partnership with Sunrun ( NASDAQ: RUN ) held a ribbon cutting ceremony to celebrate the new solar installation at Villa Loma Apartments, an affordable housing community in Carlsbad, California.
- The new installation serves 344 families and will help residents save an average of more than $60/month on their electricity bills and an expected $7.5M in total resident savings over the next 20 years.
- The 780-kilowatt installation will also generate immediate energy savings of 30% at Villa Loma, totaling $15,000 annually in the property budget.
- “The Villa Loma project is the culmination of good public policy coupled with Sunrun’s commitment to provide solar to renters in traditionally overlooked communities,” said Scott Sarem, VP of Multifamily at Sunrun.
For further details see:
Sunrun partners with BRIDGE Housing for solar installation