By using renewable resources to produce electricity, the solar park becomes eligible for renewable energy certificates (RECs). A REC is created by every megawatt-hour of electricity generated from the solar park. The RECs generated from this project belong to Community Energy Options LLC and not to the utility or the participants.
Many people are interested in getting rooftop solar on their home or business, which is a good thing. However, not all buildings are good candidates for solar because they have poor siting to the sun, the roofs are not structurally sound enough, the buildings are rented and not owned by the occupant, or the occupant does not want to invest the upfront cost to install solar.
Community solar is “get it and forget it.” Lessees of solar panels in this program do not need to install or maintain the solar array. And these two parks are located in places that have unobstructed exposure to the sun, maximizing the amount of energy the arrays will produce.
Costs & Requirements
However, your consumption will likely vary seasonally over the course of a year. To determine the right number of panels for your specific energy needs, contact John Krzystowczyk at BWL: John.Krzystowczyk@LBWL.COM or 517-702-6622.
The amount of your on-bill utility credit will depend upon how many solar panels you lease. We estimate that a 300-watt solar panel will generate a credit to your utility bill of $20-25 in the first year. Your “payback” is estimated to be in Year 14 out of your 25-year lease. You also will not have any additional expenses for upkeep and repairs to the solar arrays: that’s the responsibility of the operating company.
You also will have the satisfaction of helping to expand the amount of renewable energy on BWL’s grid, which will reduce pollution and make our region more energy independent. The renewable energy, represented by REC ownership, belongs to Community Energy Options LLC.
If a participant moves to another property within BWL’s service territory, that customer can remain in the program at the new address. People who leave the BWL system have several lease transfer opportunities. The renewable energy, represented by REC ownership, belongs to Community Energy Options LLC and is not eligible for transfer of any kind. If a customer owns and is selling a building, that customer could include the pro-rated value of his/her solar lease in the building sale price. Customers could also donate the remainder of their lease to another BWL customer, including an individual, business, church, school, or a favorite charitable organization.
1. Send a check to your chosen organization along with a letter of intent for the funds to go towards leasing community solar panel(s). See our template letter of intent to get started.
2. The organization will use your donation to lease panels through the MI Community Solar project.
3. The organization will send you a letter as a formal receipt of the donation for your records.
It doesn’t actually. Instead, solar power generated from the community solar array will go directly onto the BWL electric grid and you will receive an on-bill credit for the electricity production from your portion of the array. The renewable energy, represented by REC ownership, goes to Community Energy Options LLC. All renewable energy from the solar park belongs to Community Energy Options LLC and not the utility or the participants.