At this point, whether you install panels on your house or participate in community solar, solar power generation is a premium product that's a bit more expensive than conventional power. In the near term, the primary benefit of solar energy generation is environmental — generating energy from the sun significantly reduces carbon emission and contributes to improving the health of our planet. In the longer term, the financial benefit of solar is that it locks in your energy cost at today's rate. As the cost of conventional power rates go up, the cost of participating in Solar Share remains the same. What's nice about this is that as the cost of conventional electric rates goes up, your Solar Share bill credits become more valuable.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
For current Solar Share participants: Charges will appear the month after you sign up with credits appearing the month after that. For example, if you contact EPB and sign up on July 15 for a panel, you will see the CHARGE on your AUGUST invoice (the next month and all following months). The CREDIT will appear on your SEPTEMBER invoice (approximately 2 months after you sign up and all following months). Why? During the first month after your purchase, your panel is generating electricity. That generation is accumulated throughout the month and then credited on your next bill. If a customer opts for the multi-year license, this is a one-time only charge.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
No. Your monthly credit is calculated from the total amount of energy produced at the array divided by the total number of panels.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
A REC, or "renewable energy credit," represents one megawatt of energy that has been generated using a renewable, carbon-free method, such as solar panels or windmills. You may sometimes see RECs referred to as credits, green tags, or renewable energy certificates.
RECs help us accurately measure the environmental benefits of green energy. When you purchase a REC, you're supporting renewable energy generation and displacing emissions associated
Here’s how it works for current Solar Share participants: Each solar panel within the array is estimated to produce approximately 37 kWh per month, but this amount can be higher or lower based on time of year and weather. Determine the percentage of your home's energy use you want to receive as a solar credit and multiply that by your average monthly energy use. For example, if you want 25% of your home's power use to be solar, and your average use is 1,600 kWh per month, you would license 11 panels (1600 x .25 = 400/37 = 10.8).
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
At this point, whether you install panels on your house or participate in community solar, solar power generation is a premium product that's a bit more expensive than conventional power. In the near term, the primary benefit of solar energy generation is environmental — generating energy from the sun significantly reduces carbon emission and contributes to improving the health of our planet. In the longer term, the financial benefit of solar is that it locks in your energy cost at today's rate. As the cost of conventional power rates go up, the cost of participating in Solar Share remains the same. What's nice about this is that as the cost of conventional electric rates goes up, your Solar Share bill credits become more valuable.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
Equipment and wiring repairs, equipment inspections, cleaning of the panels as needed, electronic monitoring of the equipment, and administrative costs associated with the operation of the site.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
Unfortunately, no. The 30% federal residential income tax credit available under Section 25D of the Internal Revenue Code only applies to homeowners making a capital investment to install solar at their home. Fortunately, Solar Share is built on a scale that allows EPB to offer pricing that is very competitive and often lower than federally subsidized rooftop installations.
EPB Solar Share is currently sold out due to popular demand. Sign up for email updates to be among the first to hear about new renewable energy projects.
