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Community Solar Brings You Reliable Savings The number can vary by project, but with community solar, you save around 10 percent on the energy that your panels produce, so that no matter how the price of energy fluctuates, you're paying less on your electric bill than you would if you weren't a subscriber.
FARMINGTON, Maine (AP) A 490-acre (200-hectare) solar energy farm in Maine is now online and connected to the regional power grid. The $110 million, 76.5-megawatt solar farm in Farmington is touted as the biggest in New England.
FARMINGTON, Maine New England's largest solar energy farm came online Monday in Farmington. The 490-acre array, owned by Florida-based NextEra Energy, connects to the ISO New England grid, which serves all six New England states.
Cons of community solar Many people who invest in a community solar program do so under a subscription model; with this pricing model, you don't own any solar panels at the farm, but rather pay for electricity generated at the solar farm at a rate that's typically lower than what you're paying your utility company.
Maine Federal Solar Tax Credit Like every other state, new solar panel systems in Maine are eligible to receive the federal solar tax credit of 26%. This credit is applied on your annual income tax credit.
This is for you! Now you can access the full benefits of going solar wherever you are by joining a local Maine Community Solar Farm (CSF). Currently available in Maine. Launched in 2021, the Long Pond CSF on Mount Desert Island is one of our biggest solar farms to date!
Located 10km south of Darlington Point in western New South Wales, the 336MW farm is jointly owned by Edify and Fern Trading Development Limited. The solar farm commenced operations in August 2020 and now provides clean green energy to over 115,000 homes each year, saving 154,147 tonnes of CO2 emissions.
Cons of Community Solar - Subscription Model:You won't have access to any of the tax benefits of solar. You don't own anything. There will be administrative costs. Community solar is not available in all areas.
Savings differ from program to program, and also vary by month. On average, most community solar subscribers in Maine receive a 5-10% discount off of traditional electricity costs over the course of a year.