Understanding Community Solar
Community Solar involves local solar facilities shared by multiple subscribers within a community. It’s an ideal solution for businesses facing challenges installing onsite solar panels due to leasing constraints, financial limitations, or unsuitable infrastructure. These off-site projects expand access to solar energy benefits and contribute to a more robust electrical grid.
Understanding Community Solar
Community Solar involves local solar facilities shared by multiple subscribers within a community. It’s an ideal solution for businesses facing challenges installing onsite solar panels due to leasing constraints, financial limitations, or unsuitable infrastructure. These off-site projects expand access to solar energy benefits and contribute to a more robust electrical grid.
The Mechanics of Community Solar
Community Solar projects feed their generated power into the local electrical grid, unlike traditional onsite solar systems. The utility then compensates the Community Solar provider, thereby reducing the electricity costs for customers. Participating in these programs doesn’t affect existing supply contracts or rates and involves no upfront fees.
Advantages of Community Solar with Freedom Energy
Community Solar is not just an energy solution; it’s a collaborative effort involving businesses, communities, landowners, utilities, and developers. The benefits are manifold:
- Local Job Creation: Generates employment opportunities within the community.
- Boost to Local Economy: Contributes to the city’s revenue and economic growth.
- Reduced Electricity Costs: Offers a cost-effective energy alternative for businesses.
- Environmental Benefits: Plays a crucial role in combating climate change and reducing CO2 emissions.
- Energy Independence: Supports the goal of achieving energy self-sufficiency.
Community Solar Opportunities with Freedom Energy
We offer participation opportunities in Community Solar programs across several states. Are you interested in how your business can benefit from Community Solar? Freedom Energy provides a customized cost-savings analysis outlining each program’s potential financial benefits. For more details and information on Community Solar, contact our team.
Understanding Net Metering
Net Metering allows multiple consumers at different locations to share a single renewable energy system. The electricity generated by this communal system is distributed among participants according to their subscription or ownership share. Even though the generated electricity isn’t physically delivered to their properties, participants receive credits for their portion of the generation. These credits are then applied to their utility bills, effectively reducing their energy costs.
Benefits of Virtual Net Metering
- Cost Savings: Participants save on energy bills by earning credits from shared renewable systems.
- Space-Efficient Solution: Ideal when space or logistics prevent individual installations.
- Expanded Renewable Access: Enables broader access to renewable energy benefits, reducing costs for participants.
- Environmental Impact: Participation can lead to a reduction of greenhouse gas emissions, supporting climate change efforts.
Net Metering Opportunities with Freedom Energy
Net Metering eligibility, rules, and billing options may vary by location. If you’re interested in exploring Net Metering options or partnering with a virtual off-taker, reach out to Freedom Energy. Our team will guide you through the process, aligning with your business’s sustainability objectives. Additionally, Freedom Energy Logistics administers GNM programs, ensuring regulatory compliance and managing the allocation of kilowatts generated from GNM hosts to members. We verify that each member meets eligibility criteria, which vary based on asset size or energy generated. Once enrolled, we process and manage the program, issuing quality GNM rebates to ensure financial benefits for members. With nearly 200 member accounts and over 20 GNM hosts, and more in progress, Freedom Energy is dedicated to supporting the growth and success of GNM programs.
Elevate Your Business with Community Solar & Net Metering
Partner with Freedom Energy to leverage the benefits of Community Solar and Net Metering. Together, we can drive your business toward a more sustainable and economically beneficial future.
Published: December 14, 2023
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