Typically installing solar panels at your property allows you to save significantly more money than owning a share of a community solar project.
Community solar solar panels.
Illinois new community solar program allows electricity customers to enjoy the benefits of solar energy without installing panels on their own homes.
With regular net metering a homeowner s solar panel system directly feeds excess solar energy to the electric grid for every kilowatt hour of energy that s sent to the grid the homeowner receives a credit on their utility.
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.
As the solar energy market rapidly expands more people are exploring the possibility of going solar.
Community solar is an enticing option for those looking to take advantage of solar energy without installing a system on their own property.
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.
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.
Virtual net metering reduces your electric bill.
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.
Community solar projects exist in half of us states so it may be in your area.
It works a lot like standard net metering.
The measure allows for community solar projects which are larger than home rooftop panels but smaller than utility scale grids.
Through community solar you can purchase a portion of the electricity produced by a solar installation called a community solar garden and in return receive credits on your electric bill.
Virtual net metering is a bill credit system for community solar customers.
As with any energy choice there are pros and cons to participating in a community solar program.
A community solar project is a solar power plant whose electricity is shared by more than one property.
A community solar program allows customers to draw solar power form a large centrally located solar electric system that benefits multiple subscribers.