Texas Meets Community Solar

Average homeowner will now be able to use solar energy to power homes

Michael Hernandez, July 12, 2016 (Fox – San Antonio)

“When we think about electricity we think about these big transformers and power lines…But now for the first time there's a way that the average homeowner will be able to use solar energy to power their homes…[The cost of having rooftop solar turned many off. The CPS Energy 1.2 MW Community Solar Array’s 11,000 panels] changes the game…[Homeowners and renters will be able to buy panels in the array that send power to the utility and that energy will be translated into credits on the panel owners’ utility bills. The price will be] around 200 dollars per panel...[and return] about 25 dollars a year in credits…[It will take about eight years to hit the break-even point on the cost. By year nine that panel is paid off [and the panel owner gets a reduced utility bill for the 12 to 17 years left in the panel’s service. A panel owner who moves can sell or take the service to the new address]…” click here for more

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