[…] Instead of buying and installing solar panels on your home or property, you subscribe to a piece of a large local solar project nearby, often along with a few dozen to a few hundred other people who live in the area.
A portion of the electricity generated by these projects gets credited directly to your utility bill, you get a discount on electricity, and you don’t have to pay anything to join.
Community solar allows households to receive the benefits of solar energy without the cost or hassle of a rooftop installation. Roughly half of residences in the U.S. can’t host a solar installation because the occupants don’t own the property, or the roof is too old, too shady, or faces the wrong way for optimal sun exposure. Community solar eliminates these issues, making solar power more accessible to more people than ever before.
Read the full article from Crain’s here.