KY Habitat and LG&E/KU Innovative Partnership Lowers Utility Bills
Kentucky Habitat for Humanity has partnered with Louisville Gas and Electric Company and Kentucky Utilities Company in an innovative new partnership that enables a newly created KYHFH program to use locally grown solar from LG&E and KU’s Solar Share program to benefit habitat clients across the Commonwealth. The first Habitat family selected to participate in the program is located in Louisville’s Portland neighborhood.
The subscription-based Solar Share Program is a cost-effective option available to the utilities’ residential, business and industrial customers who want to support solar energy for as little as 20 cents per day.
When energy is produced by the facility, customers earn credits on their monthly bills based on their subscription level. Participating customers can also choose to select a gifting option that enables program subscribers to transfer monthly Solar Share bill credits to another recipient. Customers get the benefits from solar energy without the up-front cost and long-term maintenance that come when installing a private solar system.
This unique partnership, announced in December, Kentucky Habitat for Humanity (KYHF) uses the gifting option to benefit some of our clients. Habitat is transferring credits from 185 shares of the program to 10 families, selected collaboratively by KYHFH and Habitat affiliates across the state, with a goal to help offset as much as 30% of the families’ monthly energy usage.
“The creative way we’re using this program is enabling us to further empower low-income families and ensure they have a decent and affordable place to call home,” said KYHFH Executive Director Mary Shearer. “We’re proud to be able to assist our clients while also demonstrating our commitment to the environment and community by supporting this renewable energy.”
The Solar Shares program provides much-needed aid to the families to help offset their monthly energy bill.
If you are interested in learning more about this project or gifting solar shares, please contact Mary Shearer at 502-608-7041.