Green Lantern Receives CPG for Community Solar Array on
Newfane’s Browns Road Landfill
Green Lantern, one of Vermont’s leading renewable energy developers, is excited to
announce that a Certificate of Public Good (CPG) from the Vermont Public Utility
Commission was approved yesterday, and that plans to build and sell ownership of wattage
(shares of output capacity) in a new group-net-metered Community Solar Array (CSA) in
Newfane are now moving ahead.
The array, to be located on the town-owned, capped landfill on Browns Road, will have a
capacity of 150 kilowatts (kW AC), and will be able to serve between 40 and 50 homes or
the equivalent. Anyone with an electric bill from Green Mountain Power is eligible to buy
wattage, including households, businesses, non-profit organizations, and local government.
When all available wattage has been reserved, construction will take place, most likely in
With the potential to significantly reduce electric bills through net metering – and offset
electricity obtained from the New England grid with renewable solar electricity generated
nearby - the CSA offers the greatest benefits to people and entities that pay income taxes.
Their investment will pay back within approximately 11 years, with at least 30% being
recouped quickly through the IRS’s Solar Investment Tax Credit program. All wattage
owners will also retain the Renewable Energy Certificates (RECs) generated by their share
of the array, thus ensuring that the renewable attribute of the solar power generated in
Vermont stays in Vermont.
Wattage that has been purchased is assignable/transferrable, and all purchasers will have
the option to sell it back to Green Lantern or other eligible buyers if they wish to exit from
CSAs are a convenient way to go solar for GMP customers lacking adequate land or roof
space, or who simply do not want to accommodate an array where they live or work. Plus,
all administration and maintenance is taken care of as part of the license agreement.
Green Lantern is offering Newfane residents an exclusive purchae period until April 15th,
at which time sales will be opened to all Green Mountain Power customers. A waiting list
for non-Newfane customers has been created.
Although CSAs are being developed in Vermont at a slower rate now, due to reduced
incentives and more complex regulations, Green Lantern is able to offer the Newfane
landfill CSA due to our statewide scale and the economies that go along with that. In
addition, Green Lantern has secured 2018 panel supplies for all of our projects currently
slated for construction in the face of new solar panel tariffs imposed by the International
Trade Commission, which may diminish solar opportunities for homeowners and
businesses in the future.
Green Lantern is a 100% Vermonter-owned, Vermont-focused, turnkey developer and
builder of renewable energy projects. We stand behind over 60 solar arrays in more than
50 towns around Vermont that are either already operating, or financed and under
construction, totaling nearly 30 megawatts (MW) of generating capacity, and we have
roughly 20 more in the permitting pipeline at any given time. In southern Vermont, we
have new arrays operating or in development in Brattleboro, Guilford, Vernon, Pownal,
Bennington, Springfield, Newfane, Wilmington, Dover, Windsor, Windham, and
Rockingham. Our traditional business model uses investor financing to develop sites that
typically serve schools, colleges, hospitals, towns, waste districts, and other kinds of public
and community organizations. We also have projects with ski resorts and manufacturing
companies. More recently, we started developing community solar arrays (CSAs).
Central to Green Lantern’s strategic vision and daily efforts in this challenging environment
is our commitment to making the biggest contribution we can to reducing Vermont’s
carbon footprint, transitioning to locally-generated renewable energy, and achieving
Vermont’s goal of 90% renewable energy by 2050.