Somerville, MA (2015)

Solar on St. Polycarp


  • NMTC Amount: $5,700,000
  • Total Project Cost: $10,559,828


  • 30 FTE jobs
  • 46 construction jobs


Project Description

Renewable Energy Provider to LICs: BlueHub Capital, then known as Boston Community capital, stepped in, installing solar panels at both St. Polycarp II and III. BlueHub Capital owns the panels, and covers the cost of installation and maintenance. The solar generates net metering credits, which can be applied to a customer’s utility bill—or sold to other customers. BlueHub Capital sells these credits to St. Polycarp at a 20% discount; St. Polycarp then uses the credits to offset their electrical bills, cutting their costs by 20%.


480 Mystic Avenue, Somerville, MA 2145

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