June 11, 2019
Bank of America is working on plans to install more than 60 solar installations over the next three years, including sites at several Texas administrative offices and even ATMs, the company says.
Under the plan, first come the financial centers, with solar panels going in at select buildings and on ATMs.
The bank hasn’t named the locations yet, but Texas will be part of an initiative that also includes Arizona, California, Connecticut, Florida, Illinois, Kansas, Massachusetts, Maryland, Missouri, Nevada, New Jersey, New York, North Carolina, Rhode Island and Virginia
In 2020 and 2021, the bank said that it will focus on larger administrative offices in Texas along with Arizona, Delaware, Florida, New York, North Carolina and Rhode Island.
The bank has set a goal of going 100% renewable electricity by the end of 2020, and Global Real Estate and Enterprise Initiatives executive Tom Scrivener called the new program “a critical component that will directly offset the bank’s energy use and lower energy costs, resulting in an estimated savings of $50 million over 25 years.”