PearlX, Aspen Real Estate Financial, and The San Bernardino Housing Authority Unlock the Energy Estate at Golden Sands Apartments A 224-kilowatt solar system in Victorville brings workforce housing residents discounted clean energy, as electricity costs and grid strain make on-site solar infrastructure a necessity, not a luxury VICTORVILLE, Calif., July 16, 2026 (GLOBE NEWSWIRE) -- PearlX, the energy infrastructure and capital partner to multifamily owners and developers, today announced a new partnership with Aspen Real Estate Financial LLC and the Housing Authority of San Bernardino to deliver a 224-kilowatt solar energy system at Golden Sands Apartments, a 120-unit housing community located at 15930 Nisqualli Road in Victorville, CA. The partnership is a demonstration of PearlX's Energy Estate model, a framework that treats multifamily buildings not merely as structures that consume power, but as distributed grid assets with long-term, financeable value. Through a master lease agreement, PearlX finances, installs, and operates the full energy system at no capital cost to the property owner, paying landlords rent in exchange for the right to manage the building's energy load and infrastructure. The backdrop makes this partnership timely. The average monthly residential electricity bill has risen nearly 30% since 2021, and at least 242 electric and natural gas utilities have already implemented, been approved for, or are proposing rate increases affecting more than 111 million electricity customers between 2025 and 2027. Data center energy demand is projected to rise from roughly 5% of total U.S. electricity consumption in 2025 to nearly 12% by 2030, squeezing a grid that was never built for this load. For multifamily operators, these aren't abstract macro trends. They arrive in the mail every month. For a workforce housing community like Golden Sands, the stakes are especially meaningful. Low-income families already spend more than 15% of their income on energy,
PearlX, Aspen Real Estate Financial, and The San Bernardino Housing Authority Unlock the ...
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