In a partnership with SolarCity, Campus Crest Communities is installing nearly 10,000 solar panels on its student housing communities in Greeley, Colorado; Flagstaff, Arizona; and Las Cruces, New Mexico.
Ted Rollins to offset electricity consumption by 50 percent on his properties
Ted Rollins to offset electricity consumption by 50 percent on his propertiesIn a partnership with SolarCity, Campus Crest Communities is installing nearly 10,000 solar panels on itsstudent housing communities in Greeley, Colorado; Flagstaff, Arizona; and Las Cruces, New Mexico. Whencomplete, the initiative will provide more than 2.3 million kilowatt-hours of renewable power annually andoffset electricity consumption by approximately 50 percent.SolarCity is a national leader in clean energy products andservices.“We will eliminate over 80 million pounds of annual carbondioxide emissions, the equivalent of taking approximately7,000 cars off the road for a year,” said Ted Rollins, CEO ofCampus Crest Communities.“Sustainable living is central to our company philosophy andbusiness practices, and we are pleased to find that ourresidents are equally as passionate about the concept.”The company is proactively shifting consumption towards clean energy to be a leader in regenerativepractices. Using renewable sources will limit carbon emissions and reduce overall energy costs providingresidents with cleaner, more energy efficient housing.These projects reflect Campus Crest’s commitment to sustainability and making a positive environmental,social, and economic impact on the communities in which it owns and operates student housingdevelopments. To help drive this initiative, the company is partnering with The Institute for the BuiltEnvironment (IBE) at Colorado State University, a multidisciplinary institute whose mission is to fosterstewardship and sustainability of natural and built environments, and the Center for Living Environments andRegeneration (CLEAR), a 501c(3) non-profit organization focused on global regeneration(www.clearrevolution.org).“Campus Crest is showing future generations there are better energy options available by giving studentsaccess to renewable power,” said Toby Corey, Chief Revenue Officer at SolarCity. “It’s possible for manyhousing developers to pay less for solar electricity than they pay for utility power and pass on the benefits ofclean power to their tenants—SolarCity has completed more than 100 solar projects for housingdevelopments in