No. The developer builds and maintains the panels on a nearby solar farm. You do not have to install solar panels on your property.
Navigate Community Solar Programs For Your Organization
Many commercial businesses and municipalities cannot or prefer not to install solar panels on-site. In these situations, Titan Energy can help determine the best community solar solution for your organization and create a simple way to reduce energy costs by 10-25% with no installed equipment or out-of-pocket expense.
How Community Solar Works
Why community solar makes sense
Our community solar consulting guide
Why Titan is a Great Partner for you
We Understand Power Generation
Trust in Our Independence
Frequently Asked Questions
Currently, there are programs in Maine, New York, Massachusetts, Illinois, and Connecticut. We help present energy procurement opportunities for your team.
Your building is allocated a percentage of the community solar project. Your electricity utility account earns dollar-credits as the community solar project generates power. In turn, you pay the developer a discounted rate for those credits. For example, let’s say your portion of the array generates $100,000 worth of electricity. If your discount rate is 10%, you receive a credit $100,000 on your utility bill and pay the solar owner $90,000. Your savings equals $10,000.
Yes. The developer will send you a monthly statement with an invoice for your building’s allocation. The building will also receive a regular electric bill where you will find the credits earned from the community solar program.
Yes. Your purchases are directly traceable to a specific solar asset and help support the development of a renewable energy asset just as if it was located on your roof.
The range of discounts we are seeing in the market are between 10 and 25%.
Zero. You begin paying for credits after the credits begin to flow to your utility bill.
Not necessarily. Single large meters are ideal for tracking and accounting purposes, but we can work with a larger number of meters.
The bid process itself usually takes about 3 to 4 weeks. Your credits will begin to flow when the solar project is commissioned by the utility, and that timeframe depends on where the developer is in their construction process.
Zero issue – you can walk at any time without any fees due to Titan.
No, you could elect to have a fixed price for your credit. The appropriateness of the choice is something we should discuss with your budgeting needs in mind.