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Old 02-25-2018, 10:30 AM   #1012 (permalink)
sendler
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I will have to check these community solar projects out. It seems like a loop hole for an investment group to make money by milking the very generous incentives that are forced on the utility company that requires them to make "the meter run backwards" for residents with rooftop solar. What these companies do is build a comercial grid scale solar farm. And then rather than selling the energy to the grid at the commercial supply rate, which is 1/3 the final house metered rate due to line charges and taxes, as it should, they have been somehow allowed to 'Put household names" on portions of the output to make those meters get billed as if the were running backwards. But the home owners don't buy and own their portion of the solar farm. They rent it under contract. And are only paid 10% of the electrical savings for the privilage of using their name and address. So the solar company can pocket money at twice the rate for selling to the grid at the expense of the utlity company.
Apparently Renovus allows you to buy. I will have to check the price. If it is $3/ Watt then that is on par with what a contractor would charge you to install a complete grid tie system on your own roof. Though you can buy the parts for $1.60/ Watt. And get back 55% from state and national rebates.
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Renovus Solar Community Solar - Solar power for everyone!
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Trusolar is rent only and pays only 10% of your electrc bill the first year and 5% per year after that. While they nearly triple the amount that they would otherwise get paid for their solar production from $0.04 to effectively $0.11/ kWh.
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https://trusolar.com/faq-1/
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