National Energy Development
National Energy Development is a Buffalo, NY-based developer of community solar facilities serving residential, small commercial, and municipal subscribers across New York State through ground-mounted solar projects on brownfield and underutilized land, managing the full lifecycle from site origination through long-term operation.
- Company typePrivate
- Founded-
- HeadquartersBuffalo, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What National Energy Development does
National Energy Development (NED) is a New York-based distributed generation energy development company that develops, owns, and operates community solar facilities across New York State. The company's core product is community solar: ground-mounted solar arrays connected to the local utility grid that allow multiple subscribers — residential households, small commercial businesses, municipal governments, nonprofits, and faith-based organizations — to receive credits on their utility bills based on the energy produced by their allocated share, without requiring rooftop installation or upfront capital. The company manages the full project lifecycle from site origination, design, permitting, and construction through long-term operation, and it actively pursues brownfield and underutilized land (former landfills, depleted gravel pits) where it can absorb remediation costs and convert environmental liabilities into productive, revenue-generating solar assets.
NED serves approximately 1,600 subscribers across a portfolio that includes the operational Broadway Solar Phase I and II in Depew, NY (7.33 MW and 3.905 MW), Great Valley Solar (4.691 MW), New Road Solar in Amherst (4.428 MW), and the NYS Veterans' Home installation in Oxford (1.6 MW plus a 500 kW AC expansion phase), totaling approximately 20.35 MW operational. A development pipeline of approximately 23.92 MW spans Duck Lake Road in Red Creek, Sarver Road in Randolph, Big Tree Road in Wales, and Savage Road in Chaffee.
The company monetizes through three revenue streams: subscription-based community solar bill-credit payments from end subscribers; recurring land lease payments from landowners, with NED absorbing operations, maintenance, and property tax increases; and project development services spanning stakeholder coordination across land/business owners, local authorities, engineers, vendors, contractors, and financiers. Leadership comprises three partners — Jim Bodecker (Chief Business Officer), Paul Vargovich (Chief Interconnection Officer, NABCEP Certified PV Installation Professional and president of sister company National Solar Technologies), and Ty Baccile II (Chief Development Officer and NYSEIA Board Member). The company is privately held with no disclosed funding rounds or institutional investors and operates from its Buffalo, NY headquarters.
National Energy Development firmographics
Firmographics- Name
- National Energy Development
- Legal name
- National Energy Development
- Website
- https://nedrenewables.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- National Energy Development is a Buffalo, NY-based developer of community solar facilities serving residential, small commercial, and municipal subscribers across New York State through ground-mounted solar projects on brownfield and underutilized land, managing the full lifecycle from site origination through long-term operation.
- Ownership category
- akta.pro rank
National Energy Development industry classification
Industry- Product category
- Solar Energy Development
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Community Solar Development & Subscription Management (EUAMAJAA)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where National Energy Development is headquartered
LocationHeadquarters
- HQ city
- Buffalo
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
National Energy Development business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Personnel, Operations, Marketing or Sales
Revenue model
- Community Solar Subscriptions: NED develops and operates community solar facilities where subscribers receive credits on their utility bills based on the energy their share produces. Subscribers pay a rate lower than conventional grid sources, saving money while supporting renewable energy.
- Land Lease Payments: NED leases portions of suitable properties from landowners for solar project installation. The lease includes development phase payments, operating term rent, and optional renewals. NED covers all operations, maintenance costs, and property tax increases resulting from the project.
- Project Development Services: NED manages the complete development process for stakeholders including land/business owners, local authorities, engineers, vendors, contractors, and financiers through origination, design, permitting, and construction phases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Community Solar Subscription - Rate savings compared to conventional grid electricity |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
National Energy Development product offering
Product offeringCore offering
National Energy Development develops, owns, and operates community solar facilities across New York State. The company acquires land via long-term leases, builds ground-mounted solar arrays connected to the local utility grid, and allows residential, small commercial, municipal, nonprofit, and faith-based subscribers to receive credits on their utility bills proportional to the energy their share produces.
Product overview
National Energy Development (NED) is a distributed generation energy development company offering community solar facilities and renewable energy solutions. The company's core offering is its Community Solar program, a shared solar energy model that allows residential customers, small commercial businesses, and municipal entities to subscribe and receive electricity bill credits without needing rooftop panels or upfront costs. NED manages the complete project lifecycle including land acquisition, development, design, permitting, and construction. The product portfolio includes multiple named solar projects (Broadway Solar, Great Valley Solar, New Road Solar, Duck Lake Road Solar, Sarver Road Solar, Big Tree Road Solar, Savage Road Solar, and NYS Veterans Home Solar) ranging from operational facilities to projects under development, with capacities ranging from 1.32 MW to 7.33 MW across New York State.
Differentiator
Problem solved
Functional benefit
Products and services
- Community Solar Facilities Shared solar energy systems connected to the utility grid, allowing multiple participants including residents, businesses, local governments, nonprofits, and faith-based organizations to subscribe and receive credits on their utility bills based on the energy their share produces.
- Land Lease Program Program allowing landowners to lease property for solar development, with NED covering all operations, maintenance costs, and property tax increases resulting from the project. Lease includes development phase payments, operating term rent, and optional renewals.
- Broadway Solar Multi-phase ground-mounted solar installation in Depew, NY comprising Phase I (7.33 MW) and Phase II (3.905 MW), supporting approximately 600 users including households, businesses, and local government entities.
- Great Valley Solar 4.691 MW solar project transforming a former 70-year-old gravel pit in Great Valley, NY into a solar energy facility, delivering clean energy to approximately 1,000 homes.
- New Road Solar 4.428 MW solar project in Amherst, NY designed to deliver clean, renewable electricity to approximately 1,000 homes throughout the Amherst area.
- NYS Veterans Home Solar 1.6 MW solar installation at the NYS Veterans Home in Oxford, NY with an additional 500 kW AC expansion phase, directly connected to the grid.
Quantifiable outcome
- Quarter-million-dollar reclamation costs eliminated through solar partnership
- +1 more outcomes
Companies that use National Energy Development
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
National Energy Development technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
National Energy Development partnerships and signals
Strategic signalScale indicators4 records
Recent moves5 records
Expansion highlights4 records
National Energy Development competitors and assessment
Company assessmentDirect peers
- Altus Power: Publicly traded commercial and community solar developer that builds, owns, and operates distributed solar assets including community solar subscription programs. Directly comparable to NED's asset ownership and community solar subscription model.
- Borrego: Solar developer and EPC serving community, commercial, and utility-scale solar markets with a strong footprint in the Northeast. Comparable to NED as a community solar developer that manages projects from origination through construction and long-term operation.
- Nexamp: One of the largest community solar developers and subscription managers in the U.S., operating utility-scale community solar projects across multiple states. Directly comparable to NED in developing, owning, and operating community solar arrays and managing subscriber bill credits.
- US Light Energy: New York-based community solar developer that develops, constructs, and operates community solar projects across the Northeast. Highly comparable to NED given overlapping NY geography, project size, and community solar subscription model.
- Arcadia: Clean energy platform that operates community solar subscriptions and manages bill credits for residential and commercial customers. Directly comparable to NED's subscription management and customer acquisition motion.
- Catalyst Power Holdings: Community solar and clean energy solutions provider serving commercial, industrial, and residential subscribers in the Northeast. Directly comparable to NED as a community solar subscription manager in overlapping U.S. Northeast geographies.
- Solstice: Community solar subscription platform that connects households and businesses to local community solar projects for utility bill credits. Directly comparable to NED on the subscription/customer-facing side of community solar.
Broad incumbents
- Clearway Energy: Large publicly traded renewable energy IPP with a significant solar and storage portfolio across the U.S. Comparable to NED as a broader incumbent in the distributed/utility-scale solar space, though operating at materially larger scale and with a much broader portfolio.
- Sunrun: Large residential solar and battery installer offering subscription-style clean energy solutions to homeowners. Comparable to NED's residential subscriber-facing subscription motion, though focused on rooftop systems rather than community solar arrays.
Emerging players
- Dimension Energy: Community solar developer that develops and finances community solar projects, including in New York. Comparable to NED as a peer in NY community solar development with a similar development-to-operation lifecycle.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
National Energy Development social profiles
Digital presenceNational Energy Development compliance and trust
Trust signalCompliance1 record
National Energy Development financial estimates
Financial estimateRevenue estimate
Valuation estimate
National Energy Development leadership team
Management profileNumber of profiles
Profiles3 records
National Energy Development funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
National Energy Development M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about National Energy Development
What does National Energy Development do?
National Energy Development develops, owns, and operates community solar facilities across New York State. The company acquires land via long-term leases, builds ground-mounted solar arrays connected to the local utility grid, and allows residential, small commercial, municipal, nonprofit, and faith-based subscribers to receive credits on their utility bills proportional to the energy their share produces.
Is National Energy Development a public or private company?
National Energy Development is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was National Energy Development founded?
National Energy Development was founded in -1. It employs 1 to 10 people.
Where is National Energy Development based?
National Energy Development is headquartered in Buffalo, United States, in the North America region.
How does National Energy Development make money?
Three revenue lines are on record. Community Solar Subscriptions are the primary driver. The others are land Lease Payments and project Development Services.
Who are National Energy Development's main competitors?
Direct peers on record are Altus Power, Borrego, Nexamp, US Light Energy, Arcadia, Catalyst Power Holdings and Solstice. Broad incumbents are Clearway Energy and Sunrun. Dimension Energy is listed as an emerging player.
Does National Energy Development have an API?
No public API is recorded for National Energy Development.
What industry is National Energy Development in?
National Energy Development's product category is Solar Energy Development. Its primary akta.pro industry code is EUAMAJAA, Community Solar Development & Subscription Management, with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4911.