“As a mission-driven non-profit, we are always looking for ways to promote the health of our members, the local community, and our environment, while also keeping a close eye on our costs,” said Steven G. O’Donnell, CEO, YMCA of Greater Providence. “Balanced Rock Energy showed how we could advance our mission by supporting clean power generation and leverage our status as a non-profit to reduce our overall energy expenditures. The virtual net metering agreement we have entered into is a big win for us and the Greater Providence community.”
With the agreement driving annual savings in excess of $130,000, the YMCA of Greater Providence will continue to invest in energy efficiency measures to further reduce its carbon footprint and energy costs, as well as in new programs for its members.
“As one of Rhode Island’s largest renewable energy developers, we are very pleased to provide the YMCA with a solution to reduce their utility costs,” said Mark DePasquale, Chairman and Founder, Green Development LLC. “It is critical that Rhode Island continues to encourage the development of renewable energy projects to lessen our reliance on fossil fuels and out-of-state energy generation.”
Added Dan Joyce, President, Balanced Rock Energy: “Steve is a visionary leader and change agent who understands that energy can be more than a line-item expense – making the right energy choices can benefit the community, the environment, and the bottom line. It is a pleasure working with him and the entire team at the YMCA of Greater Providence to help advance their community-focused mission.”