Southport Nc Solar Farm Versus Roof Top

On average 1 acre solar farm cost about 500 per month to lease in the united states.

Southport nc solar farm versus roof top.

At 11 joe fisher is live in durham with the latest. There s little sense in installing a rooftop array if you re going to move in a few years. As solar power becomes more common individuals are finding more ways to take advantage of this renewable source of energy two of the most common ways to utilize solar power are through rooftop solar panels arrays installed on the roofs of individual homes or solar panels installed on towers at large solar farms each method has its own distinct set of benefits and a clear. The table below examines the main differences between rooftop and community solar.

It s accessible for millions of americans that can t put panels on their roof including renters and thanks to the most innovative qualifying metric in solar energy people whose credit scores fall short of rooftop solar developers high standards. To participate you must be a bemc member in good standing with an active electric account. Joining a community solar farm can be a great option if your roof isn t right for solar or don t want solar panels installed on your property. Even if your roof is good for solar enrolling in a community solar project can still be worth it if the costs are low and the contract terms are beneficial.

Community solar is a more affordable low risk way to enjoy the benefits of solar energy without the hassle of designing permitting installing maintaining and insuring your own pv solar array. Federal investment tax credit when you consider the recent extension of the federal itc for solar the horizon of incentives in north carolina broadens even further. Rooftop solar comparison table. The above cost is non inclusive of the license fees and value of the land.

For example the solar farm land requirements for a 1 megawatt solar plant is around 5 acres. Community solar wins out here. Thanks to this legislation solar loan terms in north carolina can be no longer than 20 years have an interest rate cap set at 8 percent and can easily be renewed. The cost of land for 1 mw plant will therefore translate to 2 500 per month on average.