Interesting concept but I’d need to see the full agreement. Ameren Missouri lets us enroll in community based solar but you pay a higher rate than our regular power cost. I guess it’s just for people to feel good.
They offered it in Utah and sold out.I read through the link. What is probably throwing people is there used to for profit grifter utilities who are always looking for a handout. This appears to be a local electric co-op. Co-op's of this type are common in the deep South, because back in the day the banksters and fraudsters in NY wouldn't fund any infrastructure here, so they figured out ways to fund it themselves. There owned by and for the community. Of course now all the banksters want to retire here - but I digress.
If they had such a thing here I would consider it. Sounds like there simply looking for cashflow to fund operations. If it lasts your hedged against increasing electricity costs - since it sounds like the $5.50 per month is fixed for the term - although I clicked on the contract link and it seems broken.
If the math works out, I would be in. I suspect the output will drop over time, so there is some risk I suppose. Don't invest more than you can afford to loose.
I doubt Dominion will be offering any such thing here anytime soon.
Huh?So you are "locked into) paying $538 for an $80 panel. What if you want to get out after a year. Do you get a refund? Let me guess.
Need to see the ENTIRE agreement.
Yes, same here.They offered it in Utah and sold out.
Interesting concept but I’d need to see the full agreement. Ameren Missouri lets us enroll in community based solar but you pay a higher rate than our regular power cost. I guess it’s just for people to feel good.
The second link does work which is much more feasible anyway at $3.50 a month per panel, month to month, no contractI read through the link. What is probably throwing people is there used to for profit grifter utilities who are always looking for a handout. This appears to be a local electric co-op. Co-op's of this type are common in the deep South, because back in the day the banksters and fraudsters in NY wouldn't fund any infrastructure here, so they figured out ways to fund it themselves. There owned by and for the community. Of course now all the banksters want to retire here - but I digress.
If they had such a thing here I would consider it. Sounds like there simply looking for cashflow to fund operations. If it lasts your hedged against increasing electricity costs - since it sounds like the $5.50 per month is fixed for the term - although I clicked on the contract link and it seems broken.
If the math works out, I would be in. I suspect the output will drop over time, so there is some risk I suppose. Don't invest more than you can afford to loose.
I doubt Dominion will be offering any such thing here anytime soon.
So there is a lot of fine print - looks like they get to set the rate at whatever they want: "multiplied by the current energy credit inBEMC’s Rider RNM, Rate 30"The second link does work which is much more feasible anyway at $3.50 a month per panel, month to month, no contract
Maybe the more expensive option isn’t there because they are now out of panels to rent I don’t know. Or it’s just actually a broken link.
Here is the $3.50 a month rental agreement
Call me crazy but this type of set up might make a lot of people in the for-profit industry. Nervous.
Who is your utility? Is it a public Utility - or a private company, like Dominion or Duke or whomever.They offered it in Utah and sold out.
Why? What difference does it make? It's Dominion.Who is your utility? Is it a public Utility - or a private company, like Dominion or Duke or whomever.
We had a great public Utility in South Carolina - SCE&G. Until the state government decided to bankrupt them and then handed them to Dominion against the will of anyone that could read and some deceptive marketing on Dominion's part.
Because a co-op or a public utility does things differently than a for profit utility becuase there motive is to break even and provide a service. My point was Dominion Energy is most likely not going to offer me a service or business opportunity that benefits me because there a for profit enterprise. At best I might get an offer if it benefits me and benefits them more. I am not complaining - just stating a fact.Why? What difference does it make?
But Dominion is offering it in other states (Like Utah) with success. So your thoughts are not applicable elsewhere.Because a co-op or a public utility does things differently than a for profit utility becuase there motive is to break even and provide a service. My point was Dominion Energy is most likely not going to offer me a service or business opportunity that benefits me because there a for profit enterprise. At best I might get an offer if it benefits me and benefits them more. I am not complaining - just stating a fact.
Maybe. Post some details so we can compare to the OP's offer.But Dominion is offering it in other states (Like Utah) with success. So your thoughts are not applicable elsewhere.
Maybe. Post some details so we can compare to the OP's offer.
So then how are my thoughts on Dominion not applicable if you have no clue on how the deal is scheduled. Just because they sold out doesn't mean its a economically beneficial deal for the buyer? The only reality is your thoughts on Dominion are higher than mine, and you know what they say about opinions.I am not going to go through that much effort for the sake of this discussion. All I know is at present the offer is sold out.
You know, for fun I want to rent let's say 20 panels but as the site says, currently fully subscribed.The fact that you are not locked in is a win win
Yes, the co-ops shop energy like we shop cell phone companies.So there is a lot of fine print - looks like they get to set the rate at whatever they want: "multiplied by the current energy credit inBEMC’s Rider RNM, Rate 30"
Also, either party can terminate with notice more or less anytime they want. So my guess - it will likely end up being somewhere around neutral - between them getting to set the energy credit rate and cancel the program - I doubt its going to be a huge money saver either way.
Nonetheless I still might do it. Having a local co-op for your utility is a good thing IMHO. I had one in an area i lived in the past. Most don't produce any electricity themselves and simply buy electricity on the wholesale market. Having some capacity of their own makes them a little more independent. In fact, I am not much of a green, but I really like the idea of renewable energy - because if they ever come up with solid state grid storage - individuals or small communities can set up their own system, wave their middle finger at the the big utilities and government, and do their own thing. One less way to control us.
I think this tells you that they had produced 51.56kWh, so if you knew the number of panels and sun hours profile for your zip code, you could proabably grab the 30 day average, figure out the number of watts per panel, do the math for the year and decide if there math on potential per panel is accurate.Im not sure what any of this means but putting an application in right now for (still figuring that out) at least to rent 20 panels.
No commitment and can cancel at any time.
Also if you do the entire lease upfront until 2035 if you move they will buy back the remaining part of the lease. Remember all you skeptics this is a co-op owned by the customers.
I have no idea what this means but this is today as of 11:30 AM EST and if you notice data would then be from 2 hours ago roughly 9:30am
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