Is Community Solar Too Good To Be True?

Is Community Solar Too Good To Be True?

maryland-community-shared-solar

We know you might be thinking that community solar sounds too good to be true. To be forthright, when we first learned about community solar programs, we thought the same thing! How could it be possible that customers could subscribe to a local solar farm development and save money with bill credits for doing so? We understand. It is a hard concept to grasp. Not to mention, what does it really mean to subscribe your electric meter to a local solar farm? There are many questions. In this article, we will break down what we have learned and explain how community solar has benefitted many of our energy customers.


Solar, Is It For You?

Solar energy is becoming more and more of a desirable energy source but not everyone can reap the benefits from solar power. There are some who are unable to purchase solar panels for their rooftop due to economic reasons. Others may not be able to participate in rooftop solar because their roof is not situated where the sun is shining, a basic requirement for solar. Additionally, those who rent or live in multi-family dwellings traditionally have been excluded from enjoying the benefits of solar electric production. 


 

Times Are Changing

As an alternative to purchasing or lease solar panels, community solar facilities are being built to provide equitable access to solar power. States with community solar options available are committed to producing clean and renewable electricity over the next couple of decades while consistently lowering the utility bills for community solar subscribers.


 

How To Benefit

Community solar installations are designed and built on large land parcels which typically are leased from the landowners. Once installed, potential customers are presented with the benefits of joining the community solar project with financial savings and environmental awareness being two of the most desired reasons for participating. Customers who choose to become involved purchase a subscription to the community solar facility and receive monthly credits on their utility bill for their portion of the overall power generated at the community site. The subscription costs are usually lower than the value of the bill credits received for the subscription, so participation is very inviting.


 

Too Good To Be True?

Enrolling in a community solar program with the benefits of helping fight climate change while saving money may sound too good to be true but it is not. Subscription plans allow everyone to help reduce carbon emissions through clean solar power, while potentially saving 10-15% on their utility bills. Participating customers can access these benefits without affecting the aesthetics of their homes and without having to cut down the trees around their homes. Choosing to enroll in a community solar program is a great option for everyone. Not every state has community solar available. As more and more states become involved and more of us are able to subscribe to receive community solar bill credits, the healthier our climate and our pocketbooks will become. 

 

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Brian A.

Brian A.

Brian is an Energy Advisor at EnergyPricing.com

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