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Shared Solar - GNDC Jeremiah Program Moody Campus

Multifamily Shared Solar Pilot Program guadalupe-neighborhood-development-corporation

AustinTX

Attributes

  • State Texas
  • Utility type Municipally-owned utility
  • Regulatory Structure Deregulated
  • Community Solar Bill Credit Value Value of Solar
  • Community Solar Enabling Legislation No
  • Value of State Level RECs & Subsidies Low = less than 10% of value stack
  • Eligible for Tax Benefits No
  • Installation type Roof
  • Year energized 2018
  • Project capacity 44 KW AC
  • LMI Share of Capacity 100%
  • LMI Requirement Income eligible only
  • Energy Rate Average $0.12
  • LMI Customer Savings 45%
  • Minimum LMI Savings Mandated No
  • Potential # LMI Subscribers 35

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  • Local Incentives

    Some municipalities or counties offer incentives for solar installations, including property tax exemptions, streamlined permitting, rebates, or other incentives based on system capacity or energy production. Every county or municipality has their own framework for incentivizing (or disincentivizing) solar installation. They also have authority to set ordinances that set the requirements for how, when, and where solar can be installed.

  • No-cost Site Lease

    In some instances, project developers can negotiate a no-cost site lease. This is common when state or local governments or institutions sponsor a community solar program. These entities may have rooftop space or vacant parcels suitable for solar installation. While no-cost land leases do not lower upfront investment costs, they can lower ongoing operating costs.