When it comes to solar energy, Texans do things big. The total installed solar capacity in Texas is expected to more than double over the next five years.1 Even better? The cost of solar has decreased by about 40% over the past five years. And with programs like community solar, you can join the solar movement with minimal effort. So how does it all work? Glad you asked.
Traditional community solar versus Go Local Solar
In a traditional community solar program, you subscribe to a share of an offsite solar park and receive credits on your bill for your share of electricity generated by the park.2 Your share of electricity from the solar park may be more or less than your energy usage in a given month.
With our Go Local Solar plan, Green Mountain purchases Renewable Energy Certificates (RECs) on your behalf from solar parks in Texas. The RECs purchased over the course of a year match your annual energy usage, which means that 100% of your home’s electricity use is from solar parks in Texas.
Green Mountain matches the energy use of your home with the purchase of Texas solar Renewable Energy Certificates to ensure that 100% of your electricity use is offset with an equivalent amount of solar generation in Texas.
Ready to put the sun to work? We’ve made it easy to purchase solar energy from our offsite solar parks in Texas without installing solar panels on your roof.
When you sign up for Go Local Solar, Green Mountain purchases Renewable Energy Certificates (RECs) from solar parks in Texas. RECs are a widely used tool to ensure that renewable energy is delivered to the electric grid.
Third-party studies show that large-scale solar is now cost-competitive with traditional forms of power generation.3 This means that you can purchase solar energy at a cost similar to traditional electricity plans.
Ready to go solar and help grow solar in Texas? We have you covered with our Go Local Solar plan.
Sources:
1 Solar Market Insight Report 2018 Year In Review, 2019, https://seia.org/research-resources/solar-market-insight-report-2018-year-review/
2 Smart Electric Power Alliance, Community Solar Program Design Models, 2018, https://sepapower.org/resource/community-solar-program-designs-2018-version/
3 Lazard, 2023 Levelized Cost of Energy+, 2023, https://www.lazard.com/research-insights/2023-levelized-cost-of-energyplus/
Our customers have avoided
pounds of CO2
That’s like planting
new trees.
© 2024 Green Mountain Energy Company. All rights reserved. PUCT Certificate No. 10009.