Each participant pays a low entry fee — $50 — to join a community solar project. The money is used to install energy efficiency measures that will benefit the entire community, such as LED street lighting. The money saved through the energy efficiency benefits everyone in the community, even if they don’t participate in the community solar project.
DEMEC set up the program so that it can accept financial donations from those who want to give community solar an extra boost.
The community solar project also offers its output below retail market rates. The program is able to keep costs down because the community solar projects avoid several costs, such as the utilities' need to buy solar renewable energy certificates and provide net metering credits.
As a result, the program offers blocks of solar to community participants at one cent less than they would otherwise pay for electricity.
Read more at publicpower.org
Posted By Joy Hughes to Solar Gardens
at 11/21/2015 04:05:00 PM