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The solar industry continues to grow and solar programs are moving right along with it.
Large-scale vs. small-scale solar:
A large-scale solar project generates clean energy off-site and delivers it to the electric grid. In some cases, members of the community secure a portion of the array.
A small-scale solar project is found on a rooftop, behind-the-meter, or on a customer’s site. These arrays are typically located on the distribution system at or near a customer’s site of electricity consumption.1
The development of solar solutions has helped communities meet the growing demand for sustainable power. And, now, the option to elect for a long-term contract protects them from the volatility that comes with the traditional fossil fuels energy market.
In addition, homeowners are becoming more and more interested in renewable energy. Currently, small-scale solar photovoltaics (PV) power just over 1,000,000 U.S. households. However, the U.S. Department of Energy predicts that figure could reach close to 4,000,000 by 20202. And, with more utilities and municipalities jumping on board, that estimated number could grow even more.
Madison, Maine goes solar
Madison Electric Works (MEW) is a municipality-owned utility in Madison, Maine, who decided that solar energy was the future of its community. MEW purchased 100% of their power generated through a long-term Power Purchase Agreement (PPA) with IGS Solar. This agreement allows MEW to use on-site generated electricity, while helping to control energy costs for their customers. MEW will also have the opportunity to purchase the system at the end of the 25-year PPA term.
This system is built on 20+ acres of land and uses over 16,000 330W panels. It is sized at 4.6 MW, which is large enough to power roughly 700 homes, meeting approximately 20% of MEW’s annual needs.
What is a Power Purchase Agreement (PPA)?
A PPA is a third-party ownership model that gives customers the benefit and peace of mind that comes with a long-term rate that’s locked in for the duration of the term. IGS Solar owns, operates, and maintains the solar array.
Interested in a solar solution?
When you enlist us as your solar partner, we’ll work with you to design a solar energy system that maximizes your savings potential and ensures long-term value. You can rely on us to expertly lead you through every step of the process with complete transparency.