Privately owned solar farm | Alternative Energy | Forums

pretty interesting project here in Maine, would you ever think about doing something like this?

EDGECOMB, Maine (NEWS CENTER) -- A new solar energy project in the mid coast could be the start of more, large- scale solar development around the state.

The Edgecomb Community Solar Farm is jointly owned by nine families, who pooled their money to build the 182-panel solar array. But unlike typical residential solar projects, this one does not feed any of the investors’ homes. Instead, the electricity goes into the CMP grid, and the power company then credits the monthly power bill of each member, based on their share in the project. Those who put larger amounts of money into the project can expect a larger portion of their monthly bill to be offset by the credits. The investors said it will reduce their electric bills for many years to come.

Revision Energy, which built the $180,000 system, said they have number of other people around the state interested in creating their own solar farms. John Luft of Revision says the solar farm concept is ideal for people who don't live in a spot appropriate for solar panels, but still want to take some steps to reduce their consumption of fossil fuels through electricity. He said the farm arrangement even makes it possible for people living in apartments to invest in solar power.

more http://www.wcsh6.com...../31311111/