Residents, businesses and towns in the Mid-Coast and Down East regions will now have access to clean energy through five new net energy billing projects. Standard Solar Inc., a leader in the development, funding, ownership and operation of commercial and community solar assets, announced it acquired 35 megawatts of net energy billing solar projects in Maine. Standard Solar is funding the projects, and will be the long-term owner and operator.

All five projects are expected to commence construction over the next 12 months.

Maine’s net energy billing program allows customers to benefit from clean energy savings by offsetting electricity bills from renewable energy projects like community solar.

“These projects will save Maine residents and businesses millions off their electricity bills, help boost Maine’s economy through job creation and bring reliable, affordable electricity to residents, businesses and towns,” said Director of Business Development Harry Benson for Standard Solar. “We’re proud to play an integral part in growing the state’s clean energy transition and the state’s economy.”

The five ground-mount projects will generate revenue through taxes and local economic development for the state and local governments. Combined, they will produce 50 megawatt-hours of electricity, an annual reduction in CO2 emissions equivalent to 39,165 pounds of coal burned and 4,310,301 smartphones charged.

Standard Solar delivers solar, as well as solar + storage, to businesses, institutions, farms, governments, communities and utilities. The company owns and operates more than 200 megawatts of solar across the U.S. Standard Solar is based in Rockville, Md.

Learn more at standardsolar.com, LinkedIn and Twitter: @StandardSolar.