Solar power expected to dominate electricity generation by 2050—even without more ambitious climate policies::In pursuit of the ambitious goal of reaching net-zero emissions, nations worldwide must expand their use of clean energy sources. In the case of solar energy, this change may already be upon us.
Maybe I could look it up, but you seem to know about it already, so how does energy from the local projects get distributed and billed? Does it feed into the grid? If so, how do the people who funded it get billed? Or does it have a separate distribution network for the community so only nearby houses have access? Or something else?
I paid into one that was about $500 upfront, and then I’m locked into $0.13/kwh for the next 25 years for a portion of my bill. Still tied to the regular utility grid. But every setup is going to be a bit different.
So for example, your first 500 kW hr are $0.13 each, then after that you pay market rates?
Something like that, yes. Since solar makes more in the summer than the winter, the exact amount is laid out in a table for each month.