Press Room

VSECU Unveils Its Solar Array and Introduces Plan to Offset Electric Usage

MONTPELIER, VT—VSECU, a member-owned cooperative and not for profit credit union for everybody in Vermont, today announced it has made a unique investment in clean, renewable energy that completely offsets its Green Mountain Power (GMP) electricity consumption.

VSECU entered into an innovative partnership with solar installation and development company Soveren Solar, through which the credit union will purchase the solar net metering credits produced by a 500kW solar array to offset its GMP power bill. The partnership allows VSECU to purchase and retire the renewable energy credits (RECs), meaning the solar energy produced by the array is 100 percent renewable, in contrast to RECs sold on the green power commodity market.

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