Question 1

What is the Revenue Share Program?

Accepted Answer

Beacon Renewable Partners will install solar panels on a community’s roof at no charge to the community. We become the community’s renewable power partner and integrator. Surplus revenue generated from the solar power will be shared with the community.

Question 2

Do all communities qualify for the Revenue Share Program?

Accepted Answer

We specialize in onboarding condo and apartment communities, currently in Rhode Island, Massachusetts, and Connecticut. In order for a community to qualify we ensure there is appropriate roof space to offset electricity usage, and we work directly with the utility to confirm eligibility.

Question 3

How does a community benefit from the Revenue Share Program?

Accepted Answer

In addition to environmental benefits, EV chargers, and batteries, communities receive monthly revenue generated from the sun. Some examples of what other communities have used those funds towards include:
Lower HOA fees
Community operations and maintenance
New features like pickleball, a pool, community garden, aesthetics like paving, landscaping, and paint
Eco-friendly enhancements (insulation, light bulbs, additional EV chargers, etc.)
Fewer assessments for residents

Frequently asked questions

What is the Revenue Share Program?

Do all communities qualify for the Revenue Share Program?

How does a community benefit from the Revenue Share Program?