To create a geographically dispersed,
yet interlinked one megawatt solar
power system utilizing the rooftop real
estate of 330+ private esidences.
When completed this system will
bond these individual home systems
into a single power generating grid
capable of producing 1.5 million
kilowatts (1500 megawatt hours) of
renewable energy annually.
CarbonZero will own and operate
the system allowing homeowners to
enjoy and support the important
environmental and financial benefits
of solar power without having to make
significant, and often prohibitive
individual investments. CarbonZero
creates critical economies of scale
through the centralization of financing,
tax and subsidy benefit management,
electricity and renewable
energy credit sales, tax equity
partnerships, and coordination with
incentive programs offered by
electric cooperatives.
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Timeframe for this project is five years
- it will create and sustain 70 full time
construction jobs and 128 total jobs
during this time
A typical home solar (PV) system
currently costs $20,000 to $40,000
installed. CarbonZero’s project will
enable homeowners to host and
purchase electricity from a 3
kilowatt private system for a low
monthly financed fee
This one megawatt demonstration
project is replicable and scalable –
the interlinked residential power
system can be reproduced in any
geographic location solar power
is viable
The project will create a 1 megawatt
distributed power station
providing over 330 homes with a
significant portion of their annual
electricity needs - providing a
significant decrease in their monthly
utility bill
Clean solar energy production will
eliminate 31,000 tons of climate
changing greenhouse gas over
the twenty year lifespan
The power system will generate
31,000 megawatt hours over its
lifespan at an approximate cost
per kilowatt hour of .28 cents
In addition to increasing the number
of solar systems and displacing
carbon emissions the grid will
generate 1500+ Renewable Energy
Credits (REC’s) per year providing
a significant portion of locally
produced credits applicable to the
State of Colorado’s Renewable
Portfolio Standards (RPS)
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