Sustainability Magazine April 2019 | Page 61

CLICK TO WATCH : ‘ DUKE ENERGY AND SOLAR POWER ’ 61 without actually being connected to the solar asset .”
Grossman reflects that only around 8 % of structures in the US are suitable for housing solar which can be due to technical reasons or restrictions with site ownership conflicts . “ Therefore , it wouldn ’ t make sense to put a multimillion-dollar investment on that property itself ,” he adds . “ But a regulatory opportunity has opened up through these shared solar community programs , allowing companies like Soltage to make a large investment in a solar asset on its own property , on its own real estate , but still have the ability to sell that electricity and those kilowatt hours to eager consumers .”
He cites markets across the US in Massachusetts , New Jersey , New York , Illinois and California adopting and benefiting from these programs where , to enrol , participants pay an application fee and a one-time charge to reserve their share of the solar plant . Once accepted , the customer will begin seeing Shared Solar monthly credits based on solar production and a small
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