Astral Power, a renewable energy company in the northeast, has partnered with Dichotomy Power to manage two hydroelectric facilities in New York.
Astral Power, which began as a community solar subscriber acquisition and management company, has been closely evaluating other renewable energy technologies to add to its product portfolio, according to a release. “We are thrilled to announce our partnership with Dichotomy Power, a hydroelectric company. By partnering with Dichotomy, we are able to help even more companies and nonprofits cut their electricity spend and reduce carbon emissions,” said Thom Smith, president and co-founder of Astral Power.
“Dichotomy is excited to partner with Astral and bring clean affordable hydropower to municipalities, schools, non-profits, and other bedrock organizations near these hydroelectric facilities,” says Ian Clark, founder and CEO of Dichotomy Power.
Astral Power connects residential and small commercial customers to local solar farms, giving them access to the financial and environmental benefits while still receiving electricity from their current utility company. Astral Power’s partnership with Dichotomy Power will allow commercial and industrial customers, along with larger nonprofits and school districts, to receive the same financial and environmental benefits.
Through a subscription agreement to an off-site community solar or hydropower project, customers will reduce their electric spend annually by 10% with no capital investment, operating costs or maintenance costs, Astral Power said.
Dichotomy Power is a hydroelectric company focused in the northeastern U.S. The company owns, operates and maintains hydroelectric facilities and works with the stakeholders, agencies and surrounding communities to enhance the value of the projects for the community and environment.