Community Solar Solar Panels

While not everyone is able to install panels on their roofs due to unsuitable roof space living in a large condo building or renting living space alternative business models like community solar and shared solar are gaining popularity and increasing access to clean solar energy.

Community solar solar panels. Community solar offers households the opportunity to benefit from a solar project in their area often without any upfront costs or participation fees. Community solar is best suited for people who cannot install solar on their roof but want to take advantage of some of the financial and environmental benefits of solar power. Community solar is when multiple parties share in the power and or financial benefits of a solar electric system. The new york state energy research and development authority nyserda through its ny sun and retail energy storage programs provided nearly 800 000 in support of the community solar plus energy storage project which is expected to provide participants with approximately 10 percent savings on their monthly electricity bills for 25 years as well as provide power to tesla s electric vehicle.

Project participants benefit from the electricity generated by the community solar farm which costs less than the price they would ordinarily pay to their utility. Community solar also called a community solar project solar garden or shared renewable energy plant describes solar energy used by multiple households sourced by a shared solar plant. Community solar business models increase deployment of solar technology in communities making it possible for people to invest in solar together. Community solar projects exist in half of us states so it may be in your area.

A community solar farm is a centralized solar system that provides power for a local community often at a lower price than the utility company. Community solar programs are an excellent alternative for people who want to go solar but can t build a system on their own property. Even with accommodations for low income rate payers that was a big turnoff. Community solar programs typically involved paying a premium back when the cost of solar power was relatively high.

This type of cooperative agreement allows a group of individuals who would be unable to go solar on their own to pool their resources together and fund a viable green solar solution. These projects increase access to solar for homeowners and renters who may not have ideal conditions to install solar panels at their household. A note about ownership even if you have signed your name on the back of your solar panels in the solar farm remember that this is mostly symbolic. The primary purpose of community solar is to allow members of a community the opportunity to share the benefits of solar power even if they cannot or prefer not to install solar panels on their property.