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Community Solar Grid Demonstration Project One Megawatt

Project vision

Project Outcomes

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.

 



 

 

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)