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Getting Started With Community Solar
What Is Community Solar?
To meet America’s renewable energy goals, states receive federal funding to incentivize more solar development—allowing solar project owners to pass on energy bill discounts to residents and businesses as a reward for helping reduce carbon emissions.
According to the U.S. Department of Energy : "Community solar is rapidly growing across the country. It allows everyone to benefit from solar energy, even if they can't put panels on a rooftop."
Getting Started With Community Solar
What Is Community Solar?
Eternal Energy connects you to a local solar farm
Along with your friends, neighbors, schools, city hall, and your favorite restaurants.
Pay for a percentage of the credits, get the rest as a discount
We pass your payment to the solar farm. You get the same utility bill with the remaining savings applied automatically!
You earn government-enabled credits toward your utility bill
The energy your solar farm generates turns into credits, awarded thanks to your state’s renewable energy incentives.
They generate and send energy to the power grid
This helps lessen dependence on fossil fuels that pollute the environment.
How Community Solar Works
It pays to go green with community solar
Check if there’s a solar farm in your area
Community solar is new to many states and doesn’t even exist in some. Input your zip code and our matching platform will look at availability near you.
Provide them with your utility account information or an image of your bill
Your savings are in part dictated by your electricity usage. We analyze your historical usage so we know what size solar subscription you’ll need.
Get subscribed, start saving, and feel good about helping the planet
Eternal Energy gets to work, coordinating with the utility and solar farm owner to secure your spot—and lock in your long-term savings.
Record High Energy Costs
Energy Costs Are On The Rise!
The average residence uses 900 kWh per month, and Commercial spaces use almost 2,500 kWh/month. From 2014 to 2019 energy costs remained at $0.13/kWh but since then, costs have reached record highs with some states being over $0.40/kWh. The total US average has peaked at $0.17/kWh and is expected to keep climbing.
Understanding Savings Data
Breakdown Of Savings
There is no cost to join, just the price per kilowatt-hour that you pay for your portion of the electricity generated from the solar farm. Your subscription price fluctuates, but always stays at your fixed discount to the credit that you receive on your engry power bill.
For example, this means a price of $0.1560/kWh with a credit of $0.1733/kWh (which equates to a 10% discount). Both of these rates are adjusted every six months based approved electricity rates in your area, but we keep the discount percentage intact meaning that there is no chance that you pay more for solar.
The table shows the estimated solar rates and the corresponding credit that you will receive on your bill for each kilowatt-hour of usage.
Community Solar Rates
Discount | DPL Credit Rate | New Solar Rate with Discounts | Total Savings |
|---|---|---|---|
10% | $0.1733 | $0.1560 | $.01733 |
5% | $0.1733 | $0.1646 | $0.00867 |