Equity Energy Corporation
The company’s experience includes
Wind • Solar • Battery Storage Projects
Equity Energy provides government regulatory and compliance, and public/private engagement consulting services to the renewable energy industry.
In 2021, Equity Energy Corp. was incorporated after its parent company Spectrum Personal Communications Corp.’s business model was not compatible with the services required by the renewable energy industry.
Our renewable energy consulting services are utilized by developers and government agencies throughout the U.S. Our services include:
- Government Regulatory Compliance
- General Municipal Law, Article 10, Payments in Lieu of Taxes (PILOTs) and Siting
- Public engagement
- Incremental Economic Benefits training, monitoring, reporting, and oversight of CAP audits
- Track and report tax payments made to local jurisdictions
- Union negotiations and prevailing wages
- Industry employment support
- NYC Local Law 97 compliance
- MWBE/SDVOB outreach and Good Faith Efforts
- Advertisement placements
- Problems interventions, and solutions
To date, Equity Energy has provided consulting services on one Wind project, two Solar projects, and two Battery Storage mega projects. The company is scheduled to work on five planned solar projects over the next few years.
Equity Energy Corp. is a minority-owned business. Our corporate offices are located at 200 West 57th Street, Suite 505
New York, NY 10019.
Community Involvement & Participation
Public Engagement
Our staff has years of public engagement experience throughout communities in the State of New York, and in other states for public and private sector entities ranging from businesses, cities, towns, and government agencies.
Disadvantaged Communities (DACs)
Equity Energy can assist NYS agencies in ensuring historically underserved and overburdened communities receive 35%, with a goal of having 40% of the benefits derived from the State’s investments directed to DACs. DACs have been disproportionally subjected to pollution and polluting facilities which have resulted in negative community health and socioeconomic impacts. Our firm seeks to help the State to enable DACs to benefit from the transition to cleaner, greener sources of energy to mitigate the effects of climate change.
Further, to assist DACs in accessing the benefits of the NYS Climate Leadership and Community Protection Act (CLCPA), including their participation in the economic opportunities derived during the transition to new energy sources and adaptations, jobs, and business opportunities.
Matching Jobs with Communities
We pride ourselves on being both a pragmatic and solutions-driven firm. For example, NYS has ambitious goals
to create another 200,000 jobs in the renewable energy industry by 2025, and to achieve 70% renewable energy generation by 2030. Getting there will require the participation of all communities. Our goal is to work to ensure CLCPA DACs also have access to these jobs and business opportunities.
Whether it is working with unions, or cities and counties, Equity can help. The key is to match DACs with opportunities in their communities, and in other areas of the state where the number of projects will require may require assistance from residents located in other areas
of the state. By working with unions, training organizations, and communities, collectively we can bring jobs and opportunities together, including the Biden Administration’s American Climate Corps and other private/public programs.
Our GOAL
Assist in the acceleration of the growth of the renewable energy industry, and the conversion of non-renewables to renewable sources.
To service renewable energy companies and government agencies by conducting activities useful in increasing the awareness of local communities, including those underserved and overburdened, by incorporating community participation and involvement in decarbonization, transitioning to renewables, and other sustainable initiatives that provide jobs, business opportunities, and other adaptive uses.
What is Equity’s Next Goal
To expand our services to include partnerships with off shore wind developers, automotive charging station companies, lithium battery manufacturers, biomass, geothermal, and other alternative energy companies in the business of reducing/mitigating climate change impacts around the world.
Decarbonization
Reducing Greenhouse Gases
Building Sustainable Economy
chief executive officer
Mark O’Luck is Chief Executive Officer of Equity Energy Corp., a company he founded in 2021 that provides services to the renewable energy industry. The company has provided consulting services on large scale wind, solar, and battery storage projects.
Mr. O’Luck was previously nominated by former New York Governor David A. Paterson and confirmed by the New York State Senate and served a two-and-a-half-year term as the first minority trustee in the then 79-year operational history of the New York Power Authority.
He has served on numerous boards throughout his years in business. At age 37 he gave the commencement address and was awarded an Honorary Doctor of Laws degree by St. Joseph’s College.
Contact Us
200 West 57th Street, Suite 505
New York, NY 10019