Gridwealth’s Innovative Approach to CSS
Gridwealth aims to transform the MA CSS landscape by offering a unique approach that can help late-tranche traditional CSS projects increase their net revenue and even exceed the net revenue of LICSS projects. In fact, over the full 20-year life cycle, Gridwealth’s model can create 14% more revenue for a traditional CSS project compared to a LICSS project. By blending low customer acquisition costs, revenue guarantees, low management fees, and exclusive bonus product commissions, Gridwealth’s model enhances traditional CSS projects and delivers bankable, predictable revenue.
How Gridwealth’s Model Works
Gridwealth’s innovative model is designed convert late tranche CSS projects into viable, predictable, and bankable projects. Here’s a breakdown of how the approach works:
Low Customer Acquisition Numbers: By focusing on a 100% Commercial and Industrial customer base, Gridwealth ensures a more targeted and cost-effective approach for customer acquisition.
Revenue Guarantees: Gridwealth offers revenue guarantees to protect solar developers and owners from the risks of attrition and default, providing them with the confidence they need to invest in CSS projects.
Low Management Fees: Gridwealth’s low management fees ensure that more revenue flows back to the solar developers and owners, making the CSS project financially viable and attractive.
Unique Bonus Product Commissions: Because we sell multiple products and services to our customers, Gridwealth enables solar developers and owners to tap into additional revenue streams by being paid as a channel partner. This additional revenue can easily mitigate the management fee and further boost the overall profitability of their CSS projects.
The challenges of low-income community shared solar in dual bill states are real and pressing. Gridwealth has developed a unique model to mitigate these significant risks. Gridwealth paves the way for CSS developers to achieve significant ROI enhancements for traditional CSS projects, resulting in a more bankable and less risky solar project. Gridwealth invites solar developers and Independent Power Producers considering LICSS projects in MA to reach out and explore this viable alternative.