Commitment to Action

Fighting Global Warming One Roof at a Time

Commitment by

Standard Solar, Inc.

In 2006, Standard Solar committed to enable 5,000 American families to purchase residential-grid-tied solar electric systems, which Standard Solar would install and service over a five-year period. By October 2011, Standard Solar will have surpassed its 2006 goal of installing 15,000 kW (15 Megawatts) of solar PV (the equivalent of 5,000 3kW residential solar systems) within five years. This amount of solar generation capacity will reduce U.S. greenhouse gas emissions by 20,000 tons annually - the equivalent of planting 7,800 acres of trees a year. Over the expected 30-year life of the systems, avoided greenhouse gas emissions will total nearly 600,000 tons.
Standard Solar substantially surpassed its 2006 financial goal of $5,500,000 and now has more than $15 Million of direct equity investment. In addition, the company has raised tens of millions in project financing to date. With a project pipeline in excess of 100,000,000 kW of solar projects, Standard Solar is poised for growth well in excess of the Company's initial commitment made by its Founder, Neville Williams, in 2006.
As of April 2011, Standard Solar is installing 30 to 40 residential systems a month and numerous commercial/government installations. Its first utility scale systems will be completed by the end of 2011. Standard Solar is the highest ranking renewable energy company on Inc. Magazine's List of Fastest Growing Private Companies.

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Overview
Summary

Commitment

Fighting Global Warming One Roof at a Time

Launched

2006

Est. Duration

5 Years

Estimated Total Value

$5,500,000

Region

Northern America

Countries

United States

Commitment by

Standard Solar, Inc.

Partner(s) of the Commitment Maker(s)

Local and state branches, subsidiaries, and franchisees