Community Solar Solar Panels

Community solar is when multiple parties share in the power and or financial benefits of a solar electric system.

Community solar solar panels.

Community solar business models increase deployment of solar technology in communities making it possible for people to invest in solar together. Community solar programs are an excellent alternative for people who want to go solar but can t build a system on their own property. 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. 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.

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. Even with accommodations for low income rate payers that was a big turnoff. 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. They are voluntary programs that allow participants to enjoy the perks of solar power without the large initial investment.

Community solar programs typically involved paying a premium back when the cost of solar power was relatively high. Community solar is becoming a feasible option for many because of the expanding solar industry and cost effective solar products that are now on the market. A community solar project is a solar power plant whose electricity is shared by more than one property. 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.

Community solar offers households the opportunity to benefit from a solar project in their area often without any upfront costs or participation fees. 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. These projects increase access to solar for homeowners and renters who may not have ideal conditions to install solar panels at their household. Community solar projects exist in half of us states so it may be in your area.