Energy Tax Credits
$4 Million
Megawatts
6
Total Project Cost
$12.8 Million
Project Partner
Lodestar Energy
Impact
Sustainability
Project Details
Solar & Battery
The Pulpit Hill installation is a 5.9 MW DC solar energy field and 2,000 kW of battery storage located in Massachusetts and NTCIC’s first transaction to be part of the new Massachusetts SMART Program. This incentive encourages developers to democratize electricity consumption by subscribing residential customers to the project and incentivizes the addition of battery storage.
The project developer, Lodestar, is a nationally recognized solar organization with over 65 MW of solar installations currently in operation across the country. This project, which is located in an Opportunity Zone, will sell power to two anchor commercial businesses and multiple residential homes at a reduced rate compared to traditional utilities.
Impacts
Environmental Sustainability
The project is estimated to produce nearly 7,500,000 kWh in the first year of operation based on long term resource data and average precipitation for the region.
The kWh created by this solar installation generates enough energy to:
635 homes
Take 635 homes off the grid for the next 25 years
5.8 Million Pounds of Coal
Offset burning nearly 5.8 million pounds of coal
6,200 Acres of Forest
Sequester same amount of carbon as over 6,200 acres of forest
596,000 Gallons of Gas
Offset emissions from 596,000 gallons of gas annually
About Lodestar Energy
Partnership at Work
Founded in 2014, by Jeff Macel and Jaime Smith, Lodestar Energy’s goal is to develop sustainable solar energy projects that are environmentally, socially, and financially successful. Since the founding of the company, Lodestar has successfully developed and
placed-in-service more than 40 projects with a combined value of over $300 million dollars. In total the projects offset more than 53,000 tons of CO2 and power the equivalent of more than 13,000 homes annually. To learn more about Lodestar Energy, click here.
Check Out Similar Projects Here
Browse all projects
Lodestar Energy – North Canaan & Sandwich
Lodestar Energy – North Cannan & Sandwich Solar Farms
Lodestar Energy – Northeast Portfolio
Lodestar Energy – Northeast Portfolio
Lodestar Energy – Nationwide Portfolio
Lodestar Energy – Nationwide Portfolio
Lodestar Energy – North Canaan & Sandwich
Lodestar Energy – North Cannan & Sandwich Solar Farms
Lodestar Energy – Northeast Portfolio
Lodestar Energy – Northeast Portfolio
Lodestar Energy – Nationwide Portfolio
Lodestar Energy – Nationwide Portfolio
Want to Discuss Your Next Project? Talk With Our Team Today.
We bring clear insight, deep experience, and strategic focus to every project, whether you're structuring complex capital or shaping long-term, legacy-driven development.
