In a partnership with SolarCity, Campus Crest Communities is installing nearly 10,000 solar panels on its student housing communities in Greeley, Colorado; Flagstaff, Arizona; and Las Cruces, New Mexico. When complete, the initiative will provide more than 2.3 million kilowatt-hours of renewable power annually and offset electricity consumption by approximately 50 percent.
SolarCity is a national leader in clean energy products and services.
“We will eliminate over 80 million pounds of annual carbon dioxide emissions, the equivalent of taking approximately 7,000 cars off the road for a year,” said Ted Rollins, CEO of Campus Crest Communities.
The company is proactively shifting consumption towards clean energy to be a leader in regenerative practices. Using renewable sources will limit carbon emissions and reduce overall energy costs providing residents with cleaner, more energy efficient housing.
These projects reflect Campus Crest’s commitment to sustainability and making a positive environmental, social, and economic impact on the communities in which it owns and operates student housing developments. To help drive this initiative, the company is partnering with The Institute for the Built Environment (IBE) at Colorado State University, a multidisciplinary institute whose mission is to foster stewardship and sustainability of natural and built environments, and the Center for Living Environments and Regeneration (CLEAR), a 501c(3) non-profit organization focused on global regeneration (www.clearrevolution.org).
“Campus Crest is showing future generations there are better energy options available by giving students access to renewable power,” said Toby Corey, Chief Revenue Officer at SolarCity. “It’s possible for many housing developers to pay less for solar electricity than they pay for utility power and pass on the benefits of clean power to their tenants—SolarCity has completed more than 100 solar projects for housing developments in the U.S.”