There are many methods to benefit from solar energy’s environmental benefits. Depending on the project goals, you may purchase, lease, or participate in a community solar installation on your property.

If you cannot install solar on your property, joining a solar community programme may offer you the sustainable energy option you need. However, like with everything, you must consider the benefits and drawbacks.

What exactly is the Solar Community?

Solar Community refers to the use of solar energy by community members. The electricity is produced via a communal facility or a local solar system. Solar gold coast is often built on public or shared land, and electricity is distributed to community members in two ways: ownership or subscription.

When a community member purchases a portion of the system panels, this is called solar community involvement. The number of meetings depends on the owner’s annual energy use and may cover up to 100% of their overall energy consumption.

Because you own a portion of the system, you would continue to earn SRECs and the Federal Tax Credit. This technique is often more challenging to administer and sustain.

Advantages of the Ownership Model

• Many of the benefits of having a solar system remain.
• You have a positive impact on the environment. Cons of the Ownership Model
• The ownership model may require more work to administer and sustain.
• It might be pricey.
• Community solar is only available in some areas.

Another option to participate in community solar gold coast is via subscription. When a third party creates and owns a system from which you will purchase power. You are charged the stipulated rate of administration plus administrative fees. A third party or service provider handles registration and billing.

Advantages of the Subscription Model

• It is a less expensive way to get the environmental benefits of solar.
• kWh prices are often lower than other accessible rates.
• It is usually straightforward to choose and select.

The Drawbacks of the Ownership Model

• You will not be able to take advantage of any of the solar tax breaks.
• Administrative costs will apply if you have nothing to possess.
• Community solar is only available in some areas.
• In all cases, you receive the energy share and reasonable feed-in prices.

Who Is a Good Fit for a Solar Community?

The solar community makes electricity available for individuals who cannot go solar due to financial or space constraints.

These are the scenarios in which it makes sense to join the solar community:

• Your property has less-than-ideal hurdles for a solar system, such as shade, space, roof orientation, etc.
• You don’t have a home or a structure.
• A move is in your immediate future.
• You live in a condominium or multi-tenant building.
• You need help to afford your solar system. 

Bottom Line

When the homeowner pays the total cost of the first system, the homeowner owns a solar installation. Once the installation is completed, the owner bears full responsibility for the design, including maintenance and repairs (outside of any warranties).

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