For more information about our Subscription Community Solar program, please visit our FREQUENTLY ASKED QUESTIONS page.
Solar for Low Income Households
For families that spend a large portion of their income on energy bills, reducing your electric bill is essential..
Co-op Power is partnering with Community Action to offer net metering credits to low income households through our Subscription Community Solar program that will reduce your energy bill by 15%. Co-op Power will waive the first $25 charge for the annual Buying Group membership.
We have 2.3MW of Subscription Solar already online and we're developing more in the future.
When the utility receives electricity from our array onto the grid, they change those kilowatt hours into net metering credits and distribute them to participating electricity accounts.
Anyone who wants to save 15% on their electric bill in National Grid territory can subscribe. For each hundred dollars in credits you earn on your electric bill, you pay Co-op Power eighty-five dollars.The credits are only applied if the electric account is in the name of the person who purchased the credits.
Here's how it works: 1) You sign up for certain number of shares in the community solar array. 2) At the end of each month, you'll receive a credit on your electric bill that represents your portion of the kilowatt hours produced by the array. (The utility converts kilowatt hours into credits when they're placed on the grid.) 3) You'll pay Co-op Power 85% of the value of your credits through your Common Good account.
We are using Common Good (formerly r-Credits) as our payment processor. They provide this service for free. It's free for you to sign up and there are no transaction fees for the Community Solar Shares. Other benefits from Common Good include credits for other purchases and bonus credits based on all your transactions.