What Is Community Solar? (2024) – MarketWatch

When you install solar panels locally, your home uses the energy output directly. If you have access to a net metering or net billing program, you can export excess energy to the grid in exchange for power bill credits. When you join a community solar project, you use off-site solar generation to reduce your energy bills. The local utility company measures the monthly energy output of the shared solar array, and you subtract the fraction that belongs to you from your electric bills.

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