*If you are enrolled with a solar farm that has a two-bill model, please see this article instead.
Utility bills can be tricky to decipher and community solar credits add another element to the mix. If you're wondering what your utility bill will look like with a Solstice subscription, we've got you covered!
Here's how the process works:
- Soon after your share of a community solar farm begins producing energy, you begin receiving solar credits on your monthly utility bills. These credits will be directly deducted from what you owe to your utility company.
- As part of your utility bill, you will pay for those credits at a discount. This means you receive guaranteed monthly savings!
- Approximately 1-2 months after each credit is applied to your utility bill, Solstice will send you a credit explainer.
Discount rates are fixed and vary per community solar project. The example below shows how a 10% discount would affect a customer's bill.
In this example, this customer's total electric costs came out to $125. But with Solstice, community solar credits of $100 translated to a $10 discount in electricity costs. You can see this discount in the sample bill above in the line labeled "CDG Credit Discount". Because this customer received their solar energy credit at a discounted rate, they only had to pay $115 to their utility company instead of $125.
These savings add up over the course of your subscription! You can see your savings, your positive environmental impact, and much more by logging in to your Solstice account.
Questions? Feel free to reach out to us by emailing support@solstice.us or calling 845-853-0768.