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In the U.S., renewable energy initiatives are often designed for higher-income homeowners, even though lower-income homeowners can also benefit from clean energy initiatives. Community solar may solve this problem and allow low- and middle-income homeowners to reap the benefits of solar, like financial savings and environmentally friendly homes. With less than 1% of U.S. households opting for community solar today, this opportunity could change how we power our homes in the future! Here’s why community solar can be better for low- and middle-income homeowners.

Who Are Low- and Middle-Income Prosumers?

Low- and middle-income prosumers are consumers who also produce energy, typically through rooftop solar panels. They are often credit-constrained, meaning they may have difficulty accessing financing to purchase their solar panels. Low- and middle-income prosumers also live in multifamily dwellings or have shading issues that make it difficult to install their panels.

What Does Community Solar Offer Them?

For low- and middle-income households, community solar can provide an opportunity to participate in the solar market without the high upfront costs of installing rooftop solar. In addition, community solar can offer bill savings and other benefits to these customers.

Some Things to Consider Before Going Solar

1. Determine if your home is a good candidate for solar panels. Factors to consider include the age of your roof, the sun your home gets, and whether or not trees or other objects are shading your home.

2. Get an estimate of how much electricity you use. This will help you determine how many solar panels you’ll need to offset your energy usage.

3. Find out if there are any financial incentives in your area for going solar.

How Much Will I Save?

A community solar project may have a fixed monthly rate for the energy it produces or be tied to the prevailing utility rate. In either case, you will save money on your monthly electric bill. Your savings will depend on the number of kilowatt-hours (kWh) your system produces, how much you pay for electricity, and whether the community solar project has a fixed monthly rate or is tied to the utility rate.

The Upsides of Going Solar with a Group

Community solar can be an excellent option for low- and middle-income energy consumers. Not only can it save you money on your energy bill, but you can also get the satisfaction of knowing you’re doing your part to go green. Here are some other benefits of community solar

More Information About Community Solar

Community solar is a type of solar power generation that allows multiple consumers to share the benefits of a single solar installation. This can be done through a variety of arrangements, such as direct ownership, subscription, or lease. The benefits of community solar include lower costs, increased access to solar energy, and environmental benefits.

Community solar can be a great option for low-and-middle income prosumers who want to reduce their energy bills.


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