New Haven Community Solar owns a 9.24 kW community solar project located on Button Street in New Haven, Connecticut. The lot on Button Street is the site of this year's annual Jim Vlock First Year Building Project – a partnership between the Yale School of Architecture and Columbus House. Columbus House is a nonprofit organization based in New Haven that serves people who are homeless or at risk of becoming homeless by providing shelter and housing and by fostering their personal growth and independence. This project creates a predictable set of future cash flows for investors and provides Columbus House access to low-cost electricity to further their mission.
Unique among architecture schools, the Jim Vlock First Year Building Project, which began in 1967, gives Yale students an opportunity to design and build a house in an economically challenged neighborhood in New Haven. The program is mandatory for all first-year graduate students in YSoA, many who arrive at Yale with a special interest in socially responsible design
The Button Street House contains two units, and provides recently homeless people with a brand new home. New Haven Community Solar is a special purpose vehicle that finances a solar array on the roof, providing its residents with cheap renewable energy in a state with one of the highest electricity costs. This project aims to improve the livelihoods of the residents and minimize environmental impacts, while allowing investors to benefit.
A New Opportunity in Community Solar
Freeing up income
In Connecticut, a state that typically has some of the highest energy costs, this project will greatly reduce the electricity bills of its residents. In a country where income is the largest social determinant of health, freeing up income through decreasing electricity bills becomes a health co-benefit.
How it Works
Individuals that choose to invest in NHCS will become owners of the project, participating in a collective effort to provide cheaper, cleaner power to low income tenants in Connecticut where residential utility prices are double the national average. Investors begin by going to startengine.com and choosing to invest in New Haven Community Solar. Investors can go here to learn details of the offering.
Change starts here
As recent graduates of the Yale School of Forestry and Environmental Studies, we feel a deep connection to the New Haven community. We are relentlessly passionate about democratizing the ownership of renewable energy and empowering communities to drive solutions to climate change. Together we can build and own the future we want and need.