The University of Rochester in New York is working with Amp Energy, a player in the energy transition space, to reduce its carbon footprint by receiving financial credits as a result of the clean energy generated by six solar farms in the vicinity.
The University has subscribed to six Amp Energy-owned solar farms in areas, including Wolcott and Mt. Morris that will produce more than 50 million kWhs of clean energy in a single year and over 1 billion kWhs over the next 25 years. That is enough energy to power 7,244 local homes per year and eliminate an equivalent of more than 73,000 pounds of CO2 annually from the atmosphere.
The solar panels have been installed at farms and the electricity generated from them is supplied to the local grid. Community solar participants receive financial credits from the utility for the electricity delivered by the solar sites.
At the University, these credits are applied to its energy bill and a percentage goes to Amp Energy as the owner and operator. The University will get up to 40% of the solar credits generated from the solar farms and the remaining credits will be made available to the other local businesses and homes participating in the Community Solar Program.
The projects will enable local landowners get the most out of their lands, create local jobs and maintain biodiversity by planting pollinator-friendly seed mixes under the solar arrays.
Additionally, Amp Energy has provided $100,000 to the University for an endowed scholarship for undergraduate students in Arts, Sciences & Engineering.
