Pre-Sales for OPALCO’s Community Solar Project Open March 21st!

Posted March 16, 2018 at 5:39 am by

Begin­ning at 10:00am on Wednes­day, March 21st, OPALCO mem­bers can pur­chase units of the Co-op’s first Com­mu­ni­ty Solar project, while they last. To get yours, go to www.opalco.com/solar and fill out the par­tic­i­pa­tion agree­ment (live 3/21). The one-time cost to par­tic­i­pate is $150 per unit (75W) and mem­bers can pur­chase mul­ti­ple units in this 350KW array.

How does it work? In a nut­shell, the OPALCO solar array pro­duces elec­tric­i­ty. The elec­tric­i­ty pro­duced becomes vir­tu­al net meter­ing cred­its. The cred­its are applied to mem­bers’ elec­tric bills, based on how many units are pur­chased. The sim­ple pay­back on mem­bers’ invest­ment is esti­mat­ed at 10.2 years and the term of the project is 20 years.

To learn more and to explore the cost and ben­e­fits of the Com­mu­ni­ty Solar project, please go to www.opalco.com/solar. Use the solar cal­cu­la­tor tool (live 3/21) to explore cost and sav­ings based on the num­ber of units or the per­cent­age that your solar invest­ment would off­set your pow­er bill. Detailed infor­ma­tion and Fre­quent­ly Asked Ques­tions are also post­ed online.

When mem­bers com­plete the par­tic­i­pa­tion agree­ment form online (paper forms avail­able upon request), they will get an email con­fir­ma­tion that their request was received. Once the project par­tic­i­pa­tion is at 100%, OPALCO will con­tact mem­ber investors to con­firm their num­ber of units. The total cost of the units will be added to mem­bers’ OPALCO bills begin­ning in May. Mem­bers must pay for their Com­mu­ni­ty Solar units on their reg­u­lar billing deadline.

Mem­bers have shown a high lev­el of inter­est in this project and we expect the units to go fast. The goal of Com­mu­ni­ty Solar is to make the project ben­e­fits avail­able to as many mem­bers as pos­si­ble. In order to give all mem­bers a chance to par­tic­i­pate, mem­bers who want a larg­er piece of this first project (50+ units) may have to wait for future projects to real­ize their total invest­ment, which will be based on mem­ber demand.

Con­struc­tion on the Com­mu­ni­ty Solar project on Decatur Island begins in June and the array is expect­ed to be pro­duc­ing pow­er as soon as July. Bill cred­its will begin to appear on par­tic­i­pat­ing mem­bers’ bills in Sep­tem­ber – and they will include all pow­er pro­duced to date.

OPALCO staff will be live stream­ing on Face­book (@OrcasPower) on Thurs­day, March 22nd to talk about the Com­mu­ni­ty Solar project and answer ques­tions. Check OPALCO’s Face­book page for reg­u­lar project updates.

Orcas Pow­er & Light Coop­er­a­tive (OPALCO) is our mem­ber-owned coop­er­a­tive elec­tric util­i­ty, serv­ing more than 11,000 mem­bers on 20 islands in San Juan Coun­ty. OPALCO pro­vides elec­tric­i­ty that is 95% green­house-gas free and is gen­er­at­ed pre­dom­i­nant­ly by hydro­elec­tric plants. OPALCO was found­ed in 1937. Fol­low OPALCO @OrcasPower on Face­book and Twitter.

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Categories: Energy, Technology

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