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SunShare Selected by Xcel Energy to Build Six New Community Solar Gardens in Colorado

12 total MWdc to deliver the choice of clean energy to nearly 3,000
residential and commercial customers

DENVER–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/communitysolar?src=hash” target=”_blank”gt;#communitysolarlt;/agt;–SunShare, the nation’s pioneer in community
solar
, announced today that it has been awarded six new community
solar gardens by Xcel Energy totaling 12 MWdc. SunShare was selected in
a competitive bidding process and will be able to serve more than 2,500
residential households in the Denver metro area as well as additional
municipal, governmental, and educational entities.

“We’re very proud that SunShare
will be able to continue our mission of bringing community solar to
residential customers. We look forward to building our first 100 percent
residential community solar gardens in Colorado and appreciate Xcel
Energy’s commitment to this program,” said David
Amster-Olszewski
, SunShare’s founder and CEO. “The entire concept of
community solar was created to enable people who can’t install solar
panels on their rooftops to have access to the benefits of solar power.
Many developers across the country focus on obtaining commercial
subscribers, but SunShare’s mission has always been to give more
individual consumers powerful options for contributing to a healthier
environment.”

The six community solar gardens will service approximately 2,600
subscribers upon completion with construction expected to start in 2019.
SunShare expects the individual solar gardens to be located in Jefferson
County, Adams County, and Arapahoe County. SunShare has now completed
more than 27 MW of community solar gardens in Colorado.

“We are pleased to be able to continue to bring our customers programs
that meet their energy needs in a zero-carbon manner,” said Jerome
Davis, regional vice president, Xcel
Energy
—Colorado. “The continued participation in these voluntary
programs such as Renewable*Connect, Solar*Rewards, and Solar*Rewards
Community shows Coloradans preference for reliable, clean, and low-cost
energy that we are proud to deliver.”

SunShare has helped build the community solar programs in Colorado and Minnesota,
the nation’s first and largest, both of which are part of Xcel Energy’s
service area. Community solar gardens enable homeowners, renters,
government organizations, and small businesses that may not otherwise
have the ability to install solar panels on their home or building to
participate in and benefit from renewable energy.

About SunShare

SunShare is a pioneer in community solar that has been transforming the
energy industry with locally-generated solar power since 2011. SunShare
has built the largest active residential subscriber base in community
solar and SunShare’s solar gardens give the communities they serve
powerful options. While local utilities continue delivering their
energy, SunShare customers simply receive credits on their utility bills
that help protect them from rising electricity rates. The SunShare team
is driving innovation and making solar an easy choice. Thousands of
citizens, businesses, and organizations have made the decision to help
create a cleaner, better future by subscribing to SunShare. Learn more
at www.mysunshare.com.

Contacts

Wendy Prabhu
Mercom Communications
www.mercomcapital.com
SunShare@MercomCapital.com
+1.512.215.4452