THE NEWEST THING IN SOLAR

New Concept in Solar Energy Poised to Catch on Across US

Steve Karnowski, March 7, 2015 (AP via ABC News)

“…[Community solar gardens] — also known as community or shared solar — [started in Colorado and have] spread to Minnesota, California, Massachusetts and several other states…[A central solar array feeds] electricity to the local power grid. Customers subscribe to that power and get credit on their utility bills, with contracts that typically lock in for 25 years and shelter against rate increases. Some developers say customer bills will drop below regular retail rates within a few years; others say the savings begin immediately…Rooftop solar panels are becoming more popular among homeowners as the cost comes down, but that market is limited to only about one-fourth of U.S. residences, according to the National Renewable Energy Laboratory…Community solar opens the door to many more, including renters, customers with shaded roofs and those who can't afford solar panels…” click here for more

click to enlarge

Tweet