Renewable energy for your home can be done in many ways. Each has its own pluses and minuses such as costs, incentives, and restrictions. You can explore each of the options below for more information.
The new state solar program, SMART, is complicated, so to make it easier to understand Climate-X-Change answered eleven of the most common questions heard about SMART.
If you still have questions please don’t hesitate to Contact Us and we will try to answer your question.
Community Solar: Community solar gardens provide access to solar power for homes that are unsuitable for rooftop solar panels because of shading/age/direction/etc.
You purchase energy credits directly from a local solar garden (think hundreds of panels along a highway – like the solar panels along the Mass Pike). The credits are applied directly to your electric bill. There is no up-front cost to participate and the rates are lower than conventional electric power! So you can save money while going solar and you don’t have to install anything on your property.
Rooftop Solar: Whether you want to own your own panels or lease panels for your roof we have put together a list of companies that work in Sharon.
Rooftop solar requires your roof to meet certain requirements such as age, shading, structural, orientation, and aesthetics. Regardless of whether you lease or purchase panels, you will save more money than community solar. But you will have to sell the panels with your home, the space on your roof to meet your electric needs, and no ability to change the amount generated as your electricity use changes. In general leasing panels requires no upfront cost but saves less money over time than purchasing panels for your roof.
Renewable Energy Credit (REC): These credits represent proof that electricity was generated from an eligible renewable energy resource (think solar farm, wind farm, or hydro dam) and then added to the electric grid. The credits can be sold or traded and the owner of the REC can claim to have purchased renewable energy that was added to the electric grid. These offer the most flexibility in renewable power purchase but will provide the least amount of money in savings to the homeowner.
Competitive Electric Supply: On March 29, 2018, the Attorney General’s Office released a report that found that Massachusetts residential consumers paid competitive electric suppliers $176.8 million more than they would have paid for electricity from their utility between July 2015 – June 2017. The report also found that low-income consumers are disproportionately affected. Low-income consumers are more likely to sign-up for competitive supply and are more likely to be charged higher rates.
In order to prevent further harm, the Attorney General has called for an end to the individual residential electric supply market. For these reasons, Sharon Saves does not support this method.