Executive Director Barbara Fields
presents to housing partners
Governor Raimondo and General Assembly approved a pilot program earlier this year that could lead to significantly lower energy costs in affordable housing developments. Rhode Island Housing, in partnership with the Office of Energy Resources, hosted a forum on the new virtual net metering program to provide guidance on how RI Housing and its partners can utilize the program to realize cost and energy savings.
Virtual net metering is a bill crediting system that is used in community solar projects. Community solar projects are installed off-site and are shared among subscribers.
“We’re encouraged with the great turnout for this event,” said Barbara Fields, Executive Director of Rhode Island Housing. “Virtual net metering makes renewable energy more accessible and has the potential to significantly cut energy costs for property owners.”
The forum was attended by over 30 participants, including OER Commissioner Carol Grant, Rep. Aaron Regunberg (D-District 4; Providence), and Sen. William Conley (D-District 18; East Providence, Pawtucket).