DF Cast: Community Solar a Good Choice for Individuals
Community solar projects have always been good for the environment, but a company in New Jersey is making them pay for individual investments, especially senior citizens living on fixed incomes.
In this edition of the Domestic Fuel Cast, I talk with Pete Ramsey, the Director of Business Development for GeoGenix. He explains that having an entire neighborhood put in a solar project helps realize some economies of scale … being able to have crews simultaneously work on several solar projects, materials, logistics, and things like that. He says doing community solar, as opposed to each individual putting up his or her own panels, also makes a lot of sense for senior citizens, who could realize a return on their investment in less than five years.
Ramsey admits there a lot of factors that go into figuring those returns: how much electricity is already used, the pitch and position of the roof, the type of system the owner wants, and so forth. That’s why he says it’s important to do individual assessments and discuss what system is right for each home.
It’s a pretty interesting conversation, and you can hear more of it here: Domestic Fuel Cast
You can also subscribe to the DomesticFuel Cast here.
1 Comment
Monte
Make sure to check the base rate of the electrical company in area becasue that is waht you will be able to charge back not the fuel surcahrge, At some point in time you will pay taxes on the energy sold back. Take out insurance for damages to your property and other in your neighbborhood due to weather fro the new UHI you will create; also avoid the thin film CDTE technology because it contains Cadmium even small amounts add up so now you home may become an environmental hadazard due to a hail storm; and one solar storm could wipe out all your panels. Finally contact your home owners insurance and let them know your are going solar anw ill be adding electical equipment such as invertors; generators; batteries and possible transformer to your hosue that will increase your fire rating. Finally learn to unplug not turn off and live without a/c.Enjoy less energy consumption at higher costs knowing the people in China are still adding co2 that affects you.
Do not forget the ozone danger due increase ethanol use by your fellow Americans which will increase the time you need to replace solar panels in less than the 25 year time frame promised by the manufactures
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