Quantcast
Environmental News for a Healthier Planet and Life

Help Support EcoWatch

How You Can Go Solar Without Even Owning a Single Panel

Business

We know that solar power in the U.S. is growing at leaps and bounds and is only getting cheaper. Still, there are limitations. Not everyone has the ability to harness the sun's power, especially if you're not a property owner, don't have the proper rooftop or can't afford the costly solar panel installation process.

Yeloha's peer-to-peer network could change the way people generate and use solar electricity. Photo Credit: Yeloha

Enter Yeloha, a new Boston-based peer-to-peer solar startup that allows anyone to go solar. Yes, even if you live in a rented apartment, have a roof blocked by a particularly shady tree or don't have the funds for panels.

Customers can sign up for the service as a "sun host" or a "sun partner." Sun hosts are for homeowners who have a suitable roof for solar but can't afford panels. Yeloha will install the panels for free in exchange for access to the solar power the panels create. Sun hosts will also get about a third of the electricity created by the panels, all for free. This translates to lower monthly power bills for the homeowner.

The remaining power goes to the sun partners, who are customers that want to go solar but don't have a proper roof or don't own their home. Sun partners can buy as many solar credits as they'd like from Yehola at a price that's less than what they'd normally pay to their utility.

Sun hosts can also assign their electricity to specific partners, and sun partners can choose who hosts their power. The savings work out to about 10 percent less than the utility's prices for a year's worth of energy which admittedly isn't a lot. But as Amit Rosner, Yeloha co-founder and CEO, told Inc., switching to solar is also about fighting climate change. "While [customers] save money," he said, "they also save the world."

The service is currently offered invite-only for residents in Massachusetts (a state that's particularly friendly towards solar), and has plans for expansion across the country. The company recently raised $3.5 million in funding, which means Yeloha might come to a residential area near you soon.

In this growing sharing economy, people are already renting out their homes, cars and even their clothes. Yehola is simply asking, why not share the sun's power for all?

“Our mission is to create and accelerate the confluence of the sharing economy and solar energy,” Rosner said. “We’ve seen the extraordinary impact of collaborative connections in many industries—from transportation to travel. Now, the power of sharing comes to solar power.”

YOU MIGHT ALSO LIKE

4 Reasons Solar Microgrids Are the Future of Energy

Solar Energy: Grid vs. Battery Storage

Top 10 Cities Embracing Solar Energy—Did Your City Make the List?

EcoWatch Daily Newsletter

A protest against the name of the Washington Redskins in Minneapolis, Minnesota on Nov. 2, 2014. Fibonacci Blue / CC BY 2.0

The Washington Redskins will retire their controversial name and logo, the National Football League (NFL) team announced Monday.

Read More Show Less
The survival tools northern fish have used for millennia could be a disadvantage as environmental conditions warm and more fast-paced species move in. Istvan Banyai / Wikimedia Commons / CC by 3.0

By Alyssa Murdoch, Chrystal Mantyka-Pringle and Sapna Sharma

Summer has finally arrived in the northern reaches of Canada and Alaska, liberating hundreds of thousands of northern stream fish from their wintering habitats.

Read More Show Less
A mother walks her children through a fountain on a warm summer day on July 12, 2020 in Hoboken, New Jersey. Gary Hershorn / Getty Images

A heat wave that set in over the South and Southwest left much of the U.S. blanketed in record-breaking triple digit temperatures over the weekend. The widespread and intense heat wave will last for weeks, making the magnitude and duration of its heat impressive, according to The Washington Post.

Read More Show Less
If you get a call from a number you don't recognize, don't hit decline — it might be a contact tracer calling to let you know that someone you've been near has tested positive for the coronavirus. blackCAT / Getty Images

By Joni Sweet

If you get a call from a number you don't recognize, don't hit decline — it might be a contact tracer calling to let you know that someone you've been near has tested positive for the coronavirus.

Read More Show Less
Aerial view of burnt areas of the Amazon rainforest, near Porto Velho, Rondonia state, Brazil, on Aug. 24, 2019. CARLOS FABAL / AFP via Getty Images

NASA scientists say that warmer than average surface sea temperatures in the North Atlantic raise the concern for a more active hurricane season, as well as for wildfires in the Amazon thousands of miles away, according to Newsweek.

Read More Show Less
A baby receives limited treatment at a hospital in Yemen on June 27, 2020. Mohammed Hamoud / Anadolu Agency / Getty Images

By Andrea Germanos

Oxfam International warned Thursday that up to 12,000 people could die each day by the end of the year as a result of hunger linked to the coronavirus pandemic—a daily death toll surpassing the daily mortality rate from Covid-19 itself.

Read More Show Less

Trending

The 2006 oil spill was the largest incident in Philippine history and damaged 1,600 acres of mangrove forests. Shubert Ciencia / Flickr / CC BY 2.0

By Jun N. Aguirre

An oil spill on July 3 threatens a mangrove forest on the Philippine island of Guimaras, an area only just recovering from the country's largest spill in 2006.

Read More Show Less