SAN RAFAEL, Calif. & SAN DIEGO--(BUSINESS WIRE)--Today, EAH Housing announced a multimillion in-kind donation of solar photovoltaic (PV) from Everyday Energy. The two companies have been working together since 2010, creating one of the largest and oldest affordable housing solar partnerships in California. The partnership provides PV solar panels for electrical power development and production to 16 affordable housing properties. The donations bring the total direct financial benefits to EAH Housing and its residents to more than $7.5 million in property and resident electricity savings.
Everyday Energy has donated the PV systems back to EAH Housing, enabling EAH and its residents to benefit from existing service agreements, ensuring that solar would provide lasting value for everyone involved.
“The longstanding relationship built on trust and performance has made it easy for Everyday Energy to donate the solar assets to EAH Housing, because we know that EAH is using its resources to fulfill its mission of providing quality affordable housing and resident services to the people who need it,” said Scott Sarem, chief executive officer and co-founder of Everyday Energy. “Our efforts are significantly furthered by the public policies of the state of California around greenhouse gas reduction and combating climate change, while also providing good local jobs in clean energy. This kind of win-win situation has helped Everyday Energy grow to the point where we are able to give back to the community by donating these solar PV systems to EAH Housing.”
The solar installations span 1,778 units and approximately 3,050 residents. For many residents, the money that would have been spent on electric bills can be directed towards other necessities, such as food, healthcare and transportation costs, among other things. The PV solar panel system helps power the properties’ outdoor lighting, community rooms and common areas, which reduces utility expenses and frees up more money for amenities and programs to serve the residents.
“For the last 50 years, EAH Housing has created specific initiatives around renewable energy, energy efficiency, water conservation and other cornerstones of sustainability,” said Laura Hall, chief operating officer of EAH Housing. “We are thrilled with our partnership with Everyday Energy, because of the benefits and the daily impact it has on our residents and properties. Without a doubt, initiatives like this, which bridge the green divide, can be an environmental and economic success.”
EAH Housing, a nonprofit organization, is celebrating its 50th anniversary and will continue its mission to develop, manage and promote quality affordable housing and sustainable, diverse communities. The organization serves 20,000 people every day - working families, persons with disabilities, veterans, and seniors in California and Hawaii.
About Everyday Energy
Everyday Energy is the #1 solar provider for the affordable housing industry and the originator of California’s new $1 billion-dollar Solar On Multifamily Affordable Housing (SOMAH) rebate program. After 10 years exclusively serving the affordable housing community, we make solar easy for affordable housing. Our approach to business is rooted in pursuing favorable outcomes for our customers. To this end, we craft policies and products to address the specific needs of affordable housing developers. Through our experience, commitment and advocacy, we’re powering the possibilities for property owners, residents and a greener future. For more information, visit everydayenergy.us or call 760-533-2470.
About EAH Housing
Established in 1968, EAH Housing is one of the largest and most respected nonprofit housing development and management organizations in the western United States. EAH develops low-income housing, manages more than 110 properties in 55 municipalities in California and Hawaii, and plays a leadership role in local, regional and national housing advocacy efforts.