Nexamp Introduces Community Solar Model to Maryland with Kent Island Project

By signing up, Delmarva Power customers on the Eastern Shore can save 10% on utility costs


CHESTER, Md., Sept. 26, 2018 (GLOBE NEWSWIRE) -- Nexamp, Inc., a leading provider of solar energy solutions, today announced its first community solar project in Maryland. The Kent Island solar project is located off Woods Road in Chester and will serve residents throughout the Delmarva Power utility territory.  Construction of the 2 MW solar array is set to begin in October, with full commercial operation in the spring of 2019. This project has limited space, so interested residents should sign up now to reserve a portion of the community solar project.

Once complete, the Kent Island community solar project will produce 4.16 million kilowatt hours per year and will feature 7,371 total solar panels. More than 300 subscribers in the Delmarva Power utility territory will be eligible to receive a 10 percent discount on their monthly utility bill.

With no signup costs, no annual contracts, and no credit checks, Nexamp’s community solar subscription model simplifies the enrollment process and greatly expands access to the benefits of solar in Maryland. Customers can participate by subscribing to a portion of the energy generated by Nexamp’s Kent Island community solar project. Once the solar array starts producing electricity, Delmarva customers will receive a credit on their bill for their subscribed share of the energy production. Interested Delmarva Power customers should visit www.SolarForMD.com to learn more about how to opt in.

Using their fully integrated business model, Nexamp is dedicated to the Kent Island community for the long term as they are not only developing the solar project but will own and operate the facility throughout its lifetime.

“We’re excited to bring our unique community solar program to the Eastern Shore, tapping into the state’s enthusiasm for renewable power and energy savings,” said Nexamp CEO Zaid Ashai. “We look forward to working with local and state officials in Maryland to expand access to solar across the state.”

The Kent Island project is part of a three-year Community Solar Pilot Program that was launched by the Maryland Public Service Commission to expand access to solar to all Maryland residents.

“Maryland’s Community Solar Pilot Program is attracting new investment in renewable infrastructure and the clean energy economy, and the Kent Island project is only the beginning of what is sure to be a vibrant community solar market,” added Ashai.

A portion of Nexamp’s first community solar project is reserved for local nonprofits, and the remainder will be allocated to area residents throughout the Delmarva Power territory. One of Nexamp’s first subscribers is the Ward Museum, which is also helping to make this electricity savings opportunity available to its members and visitors.

"The Ward Museum is pleased to partner with the Nexamp community solar farm, as the services offered are cost-efficient for our non-profit institution and align with environmental stewardship efforts at the museum. The Ward Museum is a Certified Green Center (MAEOE) and a partner with Salisbury University and its environmental sustainability efforts on and off the University campus. Partnerships like this with Nexamp bring sustainable solutions to museum members and visitors, while financially benefiting our organization," said Lora Bottinelli, Executive Director, Ward Museum of Wildfowl Art at Salisbury University.

About Nexamp
Nexamp is leading the transformation to the new energy economy with proven solutions for the deployment and operation of solar energy assets.  Our comprehensive capabilities span the entire solar project lifecycle – from project development, design and construction, through financing, operations and maintenance.  Our integrated, best-in class solutions make solar energy simple and profitable for our clients and partners and make an impact every day. With a rapidly expanding network of property owners, businesses, communities and residents benefitting from our growing portfolio of solar assets across the US, Nexamp and our partners are laying the groundwork for a cleaner, more secure energy future.

For Media Inquiries:
Emma Lasch
nexamp@matternow.com
617-874-5069