High Peaks Solar is building a solar farm and is looking for customers to purchase the electricity. Each person that signs up to buy solar electricity will be given an annual set allotment of electricity produced right from the solar farm.
It depends, truthfully. One factor that affects cost is how much electricity you consume. High Peaks Solar has different options that should allow everyone to participate!
Your electric bill will be given a credit by National Grid. Your volume of credits is determined by your stake in the solar farm.
Any customer that is located within the NYSIO Load Zone F and has National Grid as their electricity provider can receive
electricity from this solar farm?
If that happens, National Grid will bill you at their retail rate for the difference in usage.
If this happens where at the end of a full year you have more credits from the solar farm that you used, these credits can be carried forward into the following year. At that point in time, the customer can have the option to reduce their subscription from the Hope Solar Farm or remain at the same level.
Perhaps. This solar farm has a limited capacity. There are only so many solar panels that we plan to install. If openings arise, we can modify contracts at a later time.
The energy credits can be transferred to your new property if you move within the same NYISO Load Zone F and continue to have National Grid as your electric provider.