Community Solar
What is Community Solar?
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Community solar, often recognized as a middle-size between utility scale (5MW+) and single user solar, benefits communities by producing power locally. It can offer economic benefits to community members through below market-price electricity prices while offering land owners guaranteed revenue on often fallow and unusable land. When a landowner signs a land lease for community solar, the array’s power is distributed to the grid in exchange for credits, which will be sold to local businesses and residents. These credits are then used as a credit against the consumers’ energy bill to the utility, increasing a community’s energy independence from external sources.
In many cases, the best land for community solar installations is often that least desirable for other uses. Without encroaching on water and mineral rights, surface use rights can be turned into an asset for landowners and their communities. At Uneva, the land we lease is fully maintained by the array owner, and our lease payments are guaranteed through the term of the agreement, often longer than 20 years. As community solar leases often exceed the value of agricultural or other land leases, community solar is a great way to stabilize your organization or family’s property-based income for years into the future.
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