SolarCity and Whole Foods Market are proud to announce a plan to install solar power systems on locations across the United States. The plan aims to increase the production of solar power and offset some need for traditional grid power while helping Whole Foods Market (WFM) save money.
In total, WFM plans to retrofit up to 100 stores with rooftop solar. SolarCity will deliver solar power services for many stores across the Whole Foods Market portfolio, in locations such as Connecticut, New Jersey and New York. SolarCity will custom design each solar power system to maximize the amount of grid power offset and expects to begin installation this spring. WFM will also save money with the new solar installations by purchasing power from SolarCity at a discount to current electricity costs, locking in low solar energy rates for years into the future. Once completed, these solar power systems are expected to place Whole Foods Market within the top 25 corporate solar users in the nation.
Direct Energy Business offers managed products with advisory services for a total energy strategy, and has a relationship with Whole Foods Market in some of their stores. Solar is integrated into that strategy as part of a collaboration to provide solar electricity directly to businesses through a dedicated investment fund established by Direct Energy and SolarCity.