Solar Financing
Kitsap Bank is committed to a triple bottom line businesses model, in which we actively seek out ways to innovate and conduct business in a socially, economically and environmentally sustainable way. As an example, we’ve partnered with EcoPower Development to invest in utility-scale clean energy solar projects around the United States. Through this unique partnership, Kitsap Bank has become a leader in our industry with the expertise to finance utility-scale, full scale commercial, and local community-based projects. To date, Kitsap Bank has financed over $33 million of solar projects which generated over 11 gigawatts of electricity in 2021, enough to power 982 homes for a year. This solar energy eliminated 7,796 metric tons of greenhouse gas emissions, equivalent to 1,680 fewer cars on the road or 877,181 gallons of gasoline.
State of the Array
To date, Kitsap Bank has financed over $33 million in solar projects. And, 7,796 metric tons of greenhouse gas emissions have been eliminated through solar energy in 2021 alone!