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NextGrid Toyon LLC

SMART

New BedfordMA

Attributes

  • State Massachusetts
  • Utility type Investor-owned utility (IOU)
  • Regulatory Structure Deregulated
  • Community Solar Bill Credit Value Retail Rate
  • Community Solar Enabling Legislation Yes
  • Value of State Level RECs & Subsidies Moderate = 10% to 25% of value stack
  • Eligible for Tax Benefits Yes
  • Installation type Canopy
  • Year energized 2022
  • Project capacity 250 KW AC
  • LMI Share of Capacity 51%
  • LMI Requirement Carve-out
  • Energy Rate Average $0.22
  • LMI Customer Savings 35%
  • Minimum LMI Savings Mandated Yes
  • Potential # LMI Subscribers 51

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