©2018 by René García Franceschini.

Data-Driven Understanding of Customers' Adoption and Qualification in Community Solar
Data Analyst Fellow, Solstice

Solstice's mission is to expand access to clean energy in America, particularly for low-to-moderate income (LMI) households and other underserved communities. They aim to radically expand access to clean energy by providing community shared solar (CSS) power to American households. Among the chief barriers for LMI households is the minimum FICO credit score requirement of 680 or above imposed project financiers and/or developers in an effort to mitigate perceived default risk. FICO credit scores are correlated with income and do not typically integrate utility bill payment performance, hindering their predictive power.

In collaboration with Professor Christopher Knittel and others at MIT and Stanford, Solstice created a new credit qualification metric called EnergyScore, which has been proven to be more accurate and inclusive towards LMI households than the FICO credit score. My role within this project is to design and oversee the experimental pilot projects that will ultimately determine whether EnergyScore is a viable tool through which we can increase LMI participation in CSS projects.

We are currently working on publishing a white paper showcasing the results of our historical analysis. To learn more about EnergyScore, check out the publications below.

Select publications:

EnergyScore: An Alternative to FICO Requirements for Low-to-Moderate Income Community Solar, Solstice

How Solar Can Expand Its Socioeconomic Reach, Clean Energy Finance Forum

Funded by:

Davis Projects for Peace, Davis United World College Scholars Program

PKG Public Service Fellowship, MIT PKG Center