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 solar panels.
Community solar programs typically involved paying a premium back when the cost of solar power was relatively high.
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 when multiple parties share in the power and or financial benefits of a solar electric system.
A community solar project is a solar power plant whose electricity is shared by more than one property.
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 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.
They are voluntary programs that allow participants to enjoy the perks of solar power without the large initial investment.
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.
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 business models increase deployment of solar technology in communities making it possible for people to invest in solar together.
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.
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.
Even with accommodations for low income rate payers that was a big turnoff.
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.