Groundswell: Company Research Report
Company Overview
Name and Mission
- Name: Groundswell
- Mission: Groundswell is a 501(c)(3) nonprofit that builds community power through equitable community solar projects and resilience centers, clean energy programs that reduce energy burdens, and pioneering research initiatives that guide the way to clean energy futures for all.
Founding Information
- Founded: No information is available
- Founders: No information is available
Key People
- CEO: Michelle Moore
- Chief Operating Officer: D.A. Abrams
- Director of Southeast Regional Market Development: Andrew Robison
- Director of Fund Development: Greg Brueck-Cassoli
- Director of Organizational Finance: John Graeber
- Board Chair: Annie Donovan
Headquarters
- Location: 80 M St SE, Washington, DC 20003
Number of Employees
- No information is available
Revenue
- No information is available
Notable Accomplishments
- Groundswell is known for its community-driven clean energy projects and has provided over $8 million in clean energy savings to low- and moderate-income households.
Products
Community Solar
- Description: Groundswell’s people-centric approach to developing community solar projects connects the full value chain of each solar project with local community priorities and values.
- Features:
- Launched in November 2015
- Reduces energy burdens for local communities
Resilience Hubs
- Description: Designed to offer essential services during power outages via microgrids that include solar and energy storage.
- Features:
- Automated backup power
- Essential services support such as heating and cooling
Save with SOUL™
- Description: A program focused on improving home energy efficiency to reduce utility bills.
- Features:
- Targets households with high energy bills
- Uses savings to offset the cost of improvements
SharePower™
- Description: Allows individuals to subscribe to locally-produced clean energy while supporting community energy equity.
- Features:
- Tax-deductible donations
- No installation required
- Supports financially disadvantaged households
Labs and Research Initiatives
- Description: Focuses on developing community solar program designs and financing structures for low- and moderate-income households.
- Key Projects:
- LIFT Solar
- Energy equity research
Recent Developments
New Projects and Partnerships
- Community Resiliency Hub in Baltimore: Partnered with the City of Refuge in Baltimore to create a resilience hub supported by the Inflation Reduction Act.
- Vicars Community Resilience Hub: A new resilience hub in Atlanta in partnership with Community Church Atlanta, Stryten Energy, and others.
New Product Launches
- Rural Renaissance Roadshow: An educational and support conference for rural community leaders to facilitate local clean energy projects.
- Solar for All Initiative: Expands clean energy access in the District of Columbia to low- and moderate-income families.
New Features and Innovations
- SharePower™ Updates: Introduction of a custom online dashboard for subscribers to monitor their savings and impacts.
- Direct Pay for Nonprofits: Utilizing the direct pay option in the IRA to offer more financial benefits to nonprofit organizations through solar projects.
Notable Events
- 2024 Rural Renaissance Roadshow: An event aimed at equipping rural leaders to implement clean energy projects.
- 2024 Maryland Clean Energy Summit: Focus on improving clean energy equity and access for consumers.
Conclusion
Groundswell continues to pioneer efforts in community-driven clean energy solutions and equity-focused projects across the United States. They are leaders in making clean energy accessible to low- and moderate-income households through innovative programs and strategic partnerships.