LADERA RANCH, Calif.–(BUSINESS WIRE)–SmartStop Self Storage REIT, Inc. (“SmartStop” or the “Firm”), a self-managed and totally built-in self storage firm, introduced immediately that it has been named a high company photo voltaic person in 2022 by the Photo voltaic Vitality Industries Affiliation (SEIA). SmartStop ranks within the high one % within the variety of photo voltaic installations in its owned and managed properties. Moreover, SmartStop ranked within the high six % for photo voltaic adoption capability (in megawatts) amongst greater than 5,000 companies surveyed.
SEIA, the nationwide commerce affiliation for the photo voltaic and storage trade, tracks and analyzes business photo voltaic adoption within the US in its Photo voltaic Means Enterprise 2022 report. In line with the report launched on November 29, 2022, the American firms have put in report ranges of photo voltaic to energy their operations and now have 14% of all put in photo voltaic capability in the US.
“SmartStop strives to be a pacesetter in environmental sustainability and appreciates the SEIA recognition,” stated H. Michael Schwartz, Chairman and CEO of SmartStop. “Just a few years in the past, we realized we may make an affect by powering our places with renewable, clear power. ” Schwartz stated. “We plan to proceed increasing our photo voltaic program with installations at current and newly acquired services throughout the nation, and this can be a win-win as a result of it improves profitability for our stockholders.
SmartStop acknowledges the significance of minimizing the affect of its operations on the surroundings and integrating environmental issues into its enterprise practices. SmartStop has applied a number of power saving and waste discount initiatives together with photo voltaic panels. The vast majority of SmartStop places have indoor motion-sensing lights, and energy-saving lighting is used all through the inside and exterior. SmartStop’s know-how platform permits clients to make use of the corporate’s web site or name middle to create paperless reservations and leases.
“Photo voltaic Means Enterprise highlights the unimaginable flexibility of photo voltaic, whether or not it is put in on a warehouse roof, in a carport or in an offsite facility, exhibiting the other ways firms can meet their power wants. clear, reasonably priced power,” stated SEIA president and CEO Abigail Ross Hopper.
Photo voltaic Means Enterprise tracks greater than 47,000 company photo voltaic installations throughout the nation, which collectively generate sufficient electrical energy to energy 3.2 million properties and offset 20.4 million metric tons of CO2 yearly. Whole business photo voltaic installations are anticipated to double once more within the subsequent three years with practically 27 GW of offsite company photo voltaic initiatives scheduled to come back on-line by 2025.
About SmartStop Self Storage REIT, Inc. (SmartStop):
SmartStop Self Storage REIT, Inc. (“SmartStop”) is a self-managed REIT with a completely built-in operations crew of roughly 450 self storage professionals targeted on rising the SmartStop® Self Storage model. SmartStop, via its oblique subsidiary SmartStop REIT Advisors, LLC, additionally sponsors different self-storage applications. As of November 30, 2022, SmartStop has an owned or managed portfolio of 176 properties in 22 states and Ontario, Canada, consisting of roughly 120,600 models and 13.7 million rentable sq. ft. . SmartStop and its associates personal or handle 20 working self storage properties within the Larger Toronto Space, totaling roughly 17,050 models and 1.7 million rentable sq. ft. Extra details about SmartStop is out there at www.smartstopselfstorage.com.