Understanding Your Community Solar Panel Allocation
Solstice supports a subscription-based community solar model. This model allows for low commitment participation in your local solar farm with no upfront costs and guaranteed savings on your electric bill. In this model, participants do not own their assigned solar panels. Instead, participants buy the energy produced by their solar allocation at a 10% reduced rate. This allows flexible participation in our solar farms that is both environmentally and financially rewarding.
Before subscribing to one of our Solar farms, you must provide Solstice with a recent copy of your electricity bill. By providing this information, we are able to estimate your historic electrical usage and determine how many solar panels should be assigned to your household or business. Solstice sizes your allocation so that the energy that your assigned solar panels produce closely matches the electricity that you use each month.
Because your electricity needs fluctuate throughout the year, Solstice can only estimate your allocation based off of your historic energy usage. We know that circumstances may change and we will evaluate your allocation each month to ensure that the number of panels that are assigned to you closely matches your electricity needs. If you feel like your panel allocation in the solar farm is too small, feel free to reach out to our customer support team to request that it be reviewed.
It is important to note that the amount of energy produced by your solar panels will fluctuate seasonally. In the darker winter months, your panels will produce less energy than they will in the sunnier summer months. This means that you can expect to see a smaller solar discount in the winter. However, your savings will increase as the days get longer with more sunshine, and the months move towards summer. Depending on your home energy usage, it is likely that Your allocation in the solar farm will produce more solar credits than you can use on your bill in certain months. In those months, the excess credits will be banked on your utility account for use in later months when the solar farm produces less energy. Our intention is to keep your utility bill as low as possible year-round so you are seeing maximum savings and support of renewable energy.
Please remember that, no matter how many credits your solar panels produce in a given month, you will always be saving money on your electric bill.