Solstice

About Solstice

Solstice is a pioneering company in the renewable energy sector, specifically focusing on community solar projects. The company aims to make solar energy accessible to every American household, especially those who cannot install rooftop solar panels due to various constraints. Solstice operates in the renewable energy market, targeting residential customers across multiple states in the U.S. The business model revolves around organizing and managing community solar farms, where multiple households can subscribe to a portion of the solar energy produced. This allows customers to benefit from solar energy without needing to install their own panels. Solstice makes money through subscription fees paid by customers who join their community solar programs. These programs promise savings on monthly energy bills, typically around 10%, and often include incentives such as enrollment bonuses. The company also partners with utility companies to streamline the integration of solar energy into the existing grid.