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How Does Community Solar Work?


Community Solar is shattering the way people think about accessing renewable energy. Since community solar legislation first passed in the United States, 43 different states have deployed at least one community solar facility. As its popularity expands and more homes and businesses become eligible to leverage renewable energy to save money, education an ever-important part of the community engagement process.

community solar is a Solar Power installation that accepts capital from and provides output credit and tax benefits to multiple customers, including individuals, businesses, non-profits, and other investors. Participants typically invest in or subscribe to a certain kW capacity or kWh of production. The farm's power output is credited to investors in proportion to their investment, with adjustments to reflect ongoing changes in capacity, technology, costs and electricity rates. Community solar provides direct access to the renewable energy to customers who cannot install it themselves. Companies, cooperatives, governments or non-profits operate the farms.

Community solar is exciting, affordable and accessible to anyone who pays an electric bill.


Indian Perspective:

Community Solar in Indian context is bit different. In today’s apartment culture, having a community Solar with befitting generation for each house will give a new height to Renewable Energy. There is a need to facilitate this within the ethical boundaries. How to do this is a matter of technical and procedural collaboration with all stakeholders.

We need to work out it’s implementation mechanism with Indian perspective.



 

Source: Wikipedia