Community solar power
As the photovoltaic (PV) industry continues to evolve, advancements in Community solar power have become critical to optimizing the utilization of renewable energy sources. From innovative battery technologies to intelligent energy management systems, these solutions are transforming the way we store and distribute solar-generated electricity.
6 FAQs about [Community solar power]
What are the benefits of community solar?
Community solar can allow all households and businesses to access the benefits of solar energy, such as lower electricity costs, regardless of whether they’re able to host a system on their own roof. And, in areas where solar power is less expensive than fossil-generated electricity (most places), consumers can save money on their monthly bills.
What is community solar?
The U.S. Department of Energy defines community solar as any solar project or purchasing program, within a geographic area, in which the benefits flow to multiple customers such as individuals, businesses, nonprofits, and other groups. In most cases, customers benefit from energy generated by solar panels at an off-site array.
What is a community-owned solar project?
Community-owned solar: A solar project that is wholly owned by local members of a community. Power purchase agreement (PPA): A long-term electricity supply agreement between an electricity producer and an electricity consumer. Project host: The owner of the site where the community solar project will be located.
What is the national community solar partnership?
The National Community Solar Partnership goal is to enable community solar systems to power the equivalent of five million households by 2025 and create $1 billion in energy savings for subscribers. This target represents a 700% increase in community solar deployment, growing from 3 GW of community solar in 2020 to 20 GW in 2025.
How does community solar work?
The local utility pays the community solar provider for the energy generated, and each subscriber receives a portion of the dollar value generated by their community solar subscription as a credit. Typically, this credit is applied directly to a subscriber’s monthly electric bill, helping to reduce customers’ electricity costs. Why Community Solar?
Is community solar right for You?
It encourages more clean energy in your community while reducing your yearly electric bill. We'll explain how to decide if community solar is right for you and why it's different from other alternatives to utility electricity, like green power plans and community choice aggregation.