All good relationships simply get better over time. Take the collaboration between Wells Fargo and GRID Alternatives, an Oakland-based nonprofit that installs solar power systems for low-income families, providing needed savings for families struggling to make ends meet, preparing workers for jobs in the fast-growing solar industry and reducing carbon emissions.
In 2005, Wells Fargo team members began to volunteer for GRID. Not only was it a great way for our team members to learn more about solar energy and get involved in the Bay Area community, it marked the beginning of a meaningful association with a growing nonprofit. Since our first interactions with GRID in 2005, Wells Fargo has supported GRID Alternatives’ growth in California through an estimated $590,000 in grant funding and more than 1,000 volunteer hours.
In 2012, we announced a five-year, $2 million commitment to help GRID expand to other states. In their first year of national expansion, Wells Fargo was pleased to help GRID Alternatives achieve outstanding results in their first stop outside of California: Colorado. Last year, Wells Fargo helped GRID launch in Colorado by sending 30 team members to help install solar at a Habitat for Humanity community in Lakewood, CO. This project enabled 12 families to bring clean renewable energy to their community, representing over 33 kW of solar power that will eliminate over 1,200 tons of greenhouse gas emissions over the next 30 years (the equivalent of planting over 30,000 trees) according to GRID’s estimations. GRID further estimates that each family will save an average of 75% on their electric bills.
GRID Alternatives is now moving farther east. Next week GRID will launch in the New York/New Jersey area. On October 3 Wells Fargo will help welcome GRID to their newest neighborhood by providing more than 30 volunteers to help install solar energy on two homes in Asbury Park, NJ.
We’re proud of our on-going support of GRID Alternatives and look forward to helping bring their amazing work to more communities across the United States.