Community Solar Gardens Act

If you own a share in a community solar farm you will pay a set price for it which you can either pay for up front with cash or finance with a solar loan.

Community solar gardens act.

Adams county will be a leader in this trend by being one of the first. Solar gardens must be less than 2 mw installed. The community solar gardens act authorizes the creation of community solar gardens as a way of encouraging further solar energy investment in the state house bill 10 1342 2010. Solar energy advocates are hoping that state regulators decision to put proposed rules for community solar gardens on a fast track will help colorado reclaim a leading role in an arena that it.

State policy makes it relatively easy for projects to be developed. Community solar gardens are centralized arrays of solar panels. A community solar farm or garden is a solar power installation that accepts capital from and provides output credit and tax benefits to individual and other investors. It is common and even required in some states for community solar projects to be jointly owned by participants.

Colorado was the first state in the nation to create legislation around solar gardens when in 2010 the legislature passed the community solar gardens act. An average single family home could offset 100 of its electricity usage with about 2 5 kilowatts of solar power. Increasing the maximum size of a csg from 2 megawatts to 5 megawatts with the option for the public utilities commission puc to authorize construction of a csg up to 10 megawatts beginning july 1 2023. The act amends the current statute authorizing the creation of community solar gardens csgs by.

Community solar gardens are centrally located solar photovoltaic pv systems that provide electricity to participating subscribers. Community solar gardens are an option for people like arnoldy who want to go green and take advantage of the declining solar costs. Highlights of the act include the following. Pay cash or finance with a solar loan.

Community solar gardens are for people that want to go solar but are unable to do so on their own. In others you purchase kw capacity or kwh of production. Perhaps you live in an apartment have a shaded roof at home or don t have space at your organization. Ownership of the solar garden.

The birthplace of community solar advocates the solar gardens institute and the rapidly expanding community solar project developer clean energy collective colorado is home to more community solar farms than any other state with at least 19 in operation at the time of writing.