A combination of high average sun exposure expensive utility rates the solar tax credit and the state s net metering law means homeowners can get an excellent return by installing solar panels on their homes.
Community solar panels.
A community solar project is a solar power plant whose electricity is shared by more than one property.
In this blog we ll explain what community solar is how it works and whether it might be right for you.
Community solar allows for equal access to the economic and environmental benefits of solar energy generation regardless of the physical attributes or ownership of an individual s home or business.
Solar panels have fallen in price by more than 80 in the last ten years.
In other words if you can t install solar directly on your property community solar can be a good option for accessing the savings and other benefits solar provides.
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 known as a solar garden or shared solar offers a chance to gain the benefits of solar without having to install solar panels on your home.
California is one of the best places in the nation to install solar panels.
In 2020 they also remain subsidized by the 26 federal tax credit and the net metering law making them an excellent investment.
Although the energy commission didn t define the term it s generally understood to mean small.
What is community solar.
For the purpose of this guide community solar is defined as a solar electric system that through a voluntary program provides power and or financial benefit to or is owned by multiple community.
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.
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.
Ccsa is a national coalition of businesses and non profits working to expand customer choice and access to solar for all american households and businesses through community solar.
They offer a return well above the long term average return from both the share market and also property investment.
Anyone in the area can access the clean energy produced by these solar panels and get credits toward their electricity bills.
The community solar power summit has been developed in conjunction with the coalition for community solar access ccsa.
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.