Thread: Sustainable Living And Zero Dollar Monthly Electricity Bills

SPX

Catalyst Communities, the developer of Aura at Camelback, a 36-unit sustainable luxury living community to be built in Phoenix's Camelback Corridor, announced the launch of its pioneering Zero Electricity Bill program that guarantees buyers will pay zero cost for their monthly electricity bill.

Aura's unique Zero Electricity Bill program offer is possible due to the synergy of three key elements: the development's unique LEED Silver Certified energy efficient design, the inclusion of photovoltaic solar electricity on every home and the conservation-minded residents Catalyst Communities expects to attract.

Each of the 36 residences at Aura will be fitted with state-of-the-art solar technology from Agenera, a Phoenix-based solar utility provider. Each unit will be equipped with a dedicated rooftop solar photovoltaic system that will generate up to 100 percent of the electricity needs of the unit. This is part of each unit's design and not simply an option to buyers.

As part of its unprecedented eco-friendly program, Catalyst Communities will cover all electric utility costs for the first five years of ownership thanks to Aura's advanced sustainable system design. Units at Aura range from 2,469 to 3,147 square feet and are priced from $900,000 to $1.3 million. Aura will be located in a bustling business, shopping and entertainment area near central Phoenix known as the Camelback Corridor, one of the most sought after residential destinations in Arizona. The residential development's unique eco-focused sales center at Prudential Arizona Properties opened to the public on Jan. 25.

Each unit will be equipped with a dedicated rooftop solar photovoltaic system that will generate up to 100 percent of the electricity needs of the unit. This is part of each unit's design and not simply an option to buyers.

"We are committed to building a project that offers Sustainable Luxury Living, which is something new to buyers," said Chad Gifford, president and founder of Catalyst Communities. "Living a life in balance requires intelligent environmental design and socially responsible choices. Our Zero Electricity Bill guarantee proves that a luxurious lifestyle is possible while respecting the planet's resources."

Gifford said that buyers will receive their five-year credit for the Zero Electricity Bill program upon the close of escrow for their respective unit at Aura. Catalyst Communities will also pay for costs above and beyond the original credit if a homeowner uses more electricity during the five-year period.

"We are setting the bar high because we know people want to live in a place like Aura at Camelback," Gifford said. "We've put a great deal of effort and thought into designing and developing this community and believe there will be a huge demand for this kind of eco-friendly home now and in the future."