UNLOCKING ADVANTAGES
THE BENEFITS OF BEING A PART OF A COMMUNITY SOLAR PROGRAM
Community solar checks the boxes for companies that want to make an economic, environmental and social impact. It provides commercial businesses with the opportunity to spur economic growth in their communities, expand access to renewable energy and show their commitment to sustainability.
Make an Impact
As an anchor tenant, you can expand access to solar to local community members, helping them to save money on their utility bills while reducing their carbon footprint.
Solar Savings
Skip the upfront investments and costs associated with owning an off-site solar project. Utilities directly credit anchor tenants for energy supplied to the grid, resulting in savings on energy costs.
No Maintenance Required
As the community solar developer, REC Solar will own, operate and maintain the off-site solar project. That means your organization can reap the benefits of solar without having panels on your property, making it a great fit for organizations without large rooftops or available land for on-site solar.
HOW A COMMUNITY SOLAR PROGRAM WORKS
Community solar allows individuals, businesses and nonprofits to share in the benefits of solar power generation.
Solar panels are mounted on a large rooftop or land leased from a property owner, with large power users – or anchor tenants – subscribing to energy produced by the project. Community members subscribe to share in energy cost savings provided by the community solar power generation.
It’s simple:
- The host generates energy and supplies it to the grid.
- The host and anchor tenant/subscriber make an agreement on how to share the savings.
- The utility pays the subscriber in bill credits, which reduces their energy bill.
- While a portion of the project’s production is available to the anchor subscribers, the remaining production is reserved for small businesses and community members.
Ready to shine with solar?
Going solar is easier than you think. Take the first step to achieving your business and sustainability goals.