Community Solar Wisconsin
Our group is looking to form group-owned or "3rd-Party Owned" solar projects that take advantage of the federal, state, and utility incentives for consumers to invest in solar power. We are exploring the formation of a cooperative in order to take advantage of economies of scale, and of the possibility of installing solar projects on local roofs and/or open ...learn more
GROUP DETAILS
Created: Jun 04, 2009
Updated: Nov 27, 2009
Membership: Open To Apply
Semi-Private
Topic: Open Enrollment Aggregate Ownership Model
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Hello CSW !!!
Three Scenarios for you to ponder and discuss together:
1. Open Enrollment Aggregate Ownership Model. This structure would include having an ideal host site (roof or racked structure with good sun exposure), and the new solar investor would simply buy as many "panels" (correct term is solar "modules") as he or she could afford, along with the tiny inverter for each module, as well as the racking equipment to accompany this equipment. This individual solar investor would pay a small fee to the certified installer to add this equipment alongside the growing array on the aforementioned surface site. This arrangement (although the most expensive) would allow each participant to effectively "OWN" the equipment and take the federal tax credit for the total assessed bill for their solar project. If the solar investor is a business, they may be able to take advantage of the tax depreciation on their business tax form, as well. After the equipment and installation costs, the arrangement going forward could take the form of a straight proportional "credit" being assessed by Community Solar Wisconsin from the individual meter feeding the power to the local utility, and "paid" to the individual investor so that he or she could effectively offset the cost of their own consumed grid electricity with this off-site produced electricity owned by them.
2. Other scenarios to be added shortly.