2024 Impact Report: Serving Communities With Solar Savings
Through community solar, we are proud to pass on savings in the form of solar credits to households of all income levels that deserve a bit of relief from rising energy costs. In 2024, we partnered with an affordable housing nonprofit to offer record-high savings for our low-income subscribers while also managing the largest rooftop community solar project in the United States.
Company
Neighborhood Sun is on a mission to make clean, affordable energy accessible to all—not just the select few.
Social Impact
Neighborhood Sun was built upon the principle of using business as a force for good to accelerate the clean energy transition while ensuring it's both equitable and accessible.
“If we’re going to get everyone on board, business is the way to do it. And if we’re going to get businesses on board, we need to lead by example.”—Gary Skulnik, Founder and CEO
That's why we were incorporated as a Public Benefit Corporation in Maryland and Certified as a B Corporation by B Lab from inception. B Corps have to recertify every 3 years, and we successfully recertified early this year.
Sustainable Development Goals
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Letter from Our CEO
Dear Neighbors,
Despite the uncertainty that came with this new administration, the community solar segment had its largest-ever year of capacity, with solar accounting for two-thirds of all new electricity-generating capacity in 2024. Community solar adoption and awareness continued to grow at a time when households are struggling to keep up with rising energy costs. Climate change is already affecting all of us, especially the most vulnerable populations who have contributed the least. Community solar is a rare opportunity to equalize the playing field, allowing anyone and everyone to participate in their community’s transition away from fossil fuels to renewables.
In 2024, Neighborhood Sun signed two licensing deals for our SunEngine™ platform, raised more than $2 million through a community fundraising round supported by community solar subscribers and investors alike, and we gave SunEngine™ a major glow-up with AI tools that helped us boost productivity, improve sales performance, and better support our partners and subscribers. Financially, we tightened our belts without losing our stride. We cut expenses, increased revenue, reduced losses, and even hit cash-flow positive for the last six months of the year.
And the impact? Oh, it’s real. In 2024 alone, our subscribers saved more than $4 million, and the community solar farms we manage prevented 202,395 metric tons of CO₂ from entering the atmosphere. Add in our innovative low-income partnerships with Johns Hopkins University and Enterprise Community Development, and you’ve got a year that made a measurable difference where it counts. We forged new partnerships and adapted our marketing materials to appeal to more Spanish-speaking households. Although we’re proud to be managing the largest rooftop community solar project in the United States, it’s our low- and moderate-income projects that the entire team feels most passionate about. The work isn’t always easy—but it is meaningful, measurable, and genuinely enjoyable to work with such a kind-hearted and passionate team and feel the support of our incredible community of clean energy advocates.
Here’s to building a cleaner, more equitable energy future—one subscriber, one solar farm, and one community at a time.
Cheers to another year of clean, affordable, and accessible energy!
Gary Skulnik, Founder & CEO
Annual Highlights
Customers
Environment
Community
Goals
Since Neighborhood Sun manages projects rather than owning them, we are, unfortunately, not able to dictate things like the sourcing or recycling of panels, farm site locations, discount rates, project timelines etc. Despite recognizing these limitations, it’s a priority for us as a company to deliver on sustainable and ethical practices for our subscribers, partners, and team. In 2025, we will continue:
- Increasing the portion of LMI subscribers we serve by addressing barriers and expanding access
- Improving our efficiency and automations to reduce the waiting time for subscribers seeking support
- Reducing the use of third-party sales organizations so we can maintain the highest level of customer care
- Exploring opportunities to advocate for responsible sourcing and end-of-life practices for solar panels
