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Sign upCommunity Solar
Democratizing access to solar energy, through a monthly subscription, without the need for an investment
- About Company
Community Solar
Democratizing access to solar energy, through a monthly subscription, without the need for an investment
Label Date
March 14, 2019
By
ENGIE
From
France
Maturity stage
TRL 9 / CRI 3-4 - Commercial Scale Up / Multiple commercial Applications
Customers can rent a solar "share", enabling them to go solar without the need for a suitable roof, or a roof at all. This makes it an option for those who rent the property they live or work at. They have the option to not build a PV system on-site due to lack money or their preference for other investments. The Cummunity Solar is based on a “monthly solar subscription program” that can be summarized in three steps: (1) Participants pay a monthly fee for a share (in % of total kWp [kilowatt peak] capacity) of a solar PV plant that is located off-site to maximize technical efficiency. (2) The electricity produced by the solar plant directly flows into the grid, under a net-metering scheme. (3) In exchange for the monthly fee, each participant gets the credits of the kWh produced every month by their solar share directly on their monthly electricity bill. The subscription plans may vary in duration and share size.
The Environmental Benefits
- •Digital tools available for users to follow generation & consumption real-time.
- •Saves 101.3 kg CO2 per MWh generated by solar energy (Brazil).
- •All maintenance, warranties and equipment handled by the provider.
The Financial Benefits
- •Estimated annual economic savings ranging from 10-20% versus the previous year's bill.
Target client profile
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Applications
Benefits
Activity Region
- Headquarters
- Activity
Company Profile
ENGIE
Our group is a global reference in low-carbon energy and services.
Headquarters
92400 Courbevoie, France
Type
Company
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The information set out above, is solely for the purposes of information and the Solar Impulse Foundation does not provide any guarantee as to its authenticity, completeness or accuracy. This information does not constitute investment advice or a recommendation to buy into, transact or to enter into any agreement with any of the parties or persons mentioned above. Potential investors or interested parties are solely responsible for their investment or business decisions and for performing any due diligence required by the circumstances. The innovator ENGIE has asserted ownership of the intellectual property rights for images, videos, and content showcased above, affirming full and unrestricted usage rights, and has provided explicit permission for the Solar Impulse Foundation to publish such information designated as "public" in the application form.