How can we make access to clean renewable energy a human right? Until recently, the majority of residential solar energy systems have been installed for well-off homeowners with sunny roofs. A solar garden is like a community garden - instead of having a patch of vegetables, a customer benefits from a number of panels in a shared array, with power produced credited on the electric bill.
New York’s new Community Shared Renewables program includes important provisions to incentivize the participation of LMI customers. Until April 30, 2016, each array installed under the program in certain areas must provide at least 20% of its capacity to LMI customers. This workshop will explore business models for solar gardens that are advantageous to LMI customers, allowing for energy savings and the ability to own their own panels.
- Review of community solar models for LMI customers
- Community outreach and customer acquisition in LMI communities
- The relative benefits of solar ownership versus solar power purchases for LMI customers
- The National Community Solar Partnership (White House / Department of Energy)
- Recent changes in IRS policy
- Upcoming changes to federal tax credits
- Securities Law considerations
- Common challenges and hurdles
Here Comes Solar NYC