Written by Gary Skulnik on 3/10/2016
It’s not exactly a blank check, but the Maryland PSC’s recently unveiled regulations for community solar set the stage for an exciting competition to get new clean energy projects off the ground. Get ready for the next big green wave lifting our state to new found leadership in innovative solar development. Neighborhood Sun, a new social venture, aims to be among the first to help communities build local, affordable clean energy solar projects for residents, businesses and organizations.
The regulations were made official in late February and will be fully promulgated sometime about May. There’s a lot to digest, but the bottom line is that they are set up well enough to support new community solar development.
For those new to this, community solar is a type of solar power where consumers (“subscribers”) can purchase a share of the power generated by a nearby solar project and through the magic of virtual net metering, will be credited for that power by their utility. In other words, it’s exactly the same as rooftop solar except you don’t have to put anything on your roof and you don’t have to commit for 25 years. There is no investment needed, no upfront payment, and of course no equipment to install. The Program has the potential to include all utility customers that did not have the opportunity to go solar until now. Check here for some quick facts on the market potential of community solar.
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