Cooperative Solar saves members more than $400 each in 2022

For any Coastal Elec­tric Coop­er­a­tive mem­ber who wants the advan­tages of solar pow­er but not the cost or main­te­nance that comes with installing pan­els at their home, Coop­er­a­tive Solar might be a ben­e­fi­cial option. So ben­e­fi­cial, in fact, that mem­bers who sub­scribed to two blocks of Coop­er­a­tive Solar saved $424.62 on their ener­gy bills in 2022.

Elec­tric­i­ty deliv­ered through Coastal Electric’s Coop­er­a­tive Solar pro­gram is sourced through coop­er­a­tive-owned renew­able ener­gy sup­pli­er Green Pow­er EMC. Georgia’s elec­tric coop­er­a­tives have a com­bined 975 megawatts of solar capac­i­ty from near­ly 40 sites across the state, includ­ing sites in Bryan, Lib­er­ty, and McIn­tosh coun­ties. That’s enough ener­gy to help pow­er approx­i­mate­ly 158,000 elec­tric co-op house­holds annu­al­ly.

“I love your Coop­er­a­tive Solar pro­gram. I found out about it through an arti­cle in your mag­a­zine. Since I didn’t entire­ly under­stand how the pro­gram works, I called the man who man­ages it, and he patient­ly explained the details. I got of the phone pret­ty much con­vinced, but still won­dered where the catch was. How was this going to cost me more mon­ey? I decid­ed to trust what he told me and signed up to pur­chase two blocks, the max­i­mum you’ll allow us to pur­chase. Eure­ka! We’ve been sav­ing mon­ey ever since. We have all the benefts of solar but none of the has­sle. I wish we could buy more blocks. Thank you for this pro­gram!” –Coastal Elec­tric Mem­ber

With the addi­tion of sev­en more sites under con­struc­tion, by 2024, Georgia’s elec­tric coop­er­a­tives’ capac­i­ty is expect­ed to grow to more than 1,600 megawatts.

Coastal Elec­tric mem­bers can sub­scribe to small blocks, or shares, of solar sites across Geor­gia. A block is equiv­a­lent to 2 kilo­watts (or about six res­i­den­tial-sized solar pan­els). Each block costs $25 and is charged month­ly on your elec­tric bill. Each mem­ber can sign up to pur­chase a max­i­mum of two blocks for $50 a month. The ener­gy pro­duced is dis­trib­uted back to the pow­er grid, and your solar cred­it is sub­tract­ed from the metered ener­gy used at your home before your bill is cal­cu­lat­ed.

Coop­er­a­tive Solar requires no con­tracts, and a mem­ber can drop their sub­scrip­tion at any time.

Thanks to economies of scale, Coop­er­a­tive Solar:

  • Costs mem­bers sig­nif­i­cant­ly less than installing a solar sys­tem— $25 a month for Coop­er­a­tive Solar ver­sus $20,000 to $65,000 for the instal­la­tion of a home solar array.
  • Saves a mem­ber mon­ey on their elec­tric bills.
  • Elim­i­nates the need for mod­i­fi­ca­tions or holes in a homeowner’s roof.
  • Allows renters to take advan­tage of solar ener­gy.
  • Does not require approval from a home­own­ers asso­ci­a­tion (HOA).
  • Avoids the headaches of main­te­nance or repairs to a home solar instal­la­tion.
  • Is oblig­a­tion-free.

The solar sites that pro­duce Coop­er­a­tive Solar are locat­ed in the most ide­al conditions—in an open field, not lim­it­ed by shade or roof ori­en­ta­tion, and the more recent instal­la­tions fea­ture pan­els that move to track the sun’s rays, increas­ing their solar ener­gy pro­duc­tion.

As Coastal Electric’s port­fo­lio of solar has grown, so has the amount of solar produced—not only because the num­ber of pan­els has increased, but also because these expan­sive solar sites are dis­persed across Geor­gia. This loca­tion diver­si­ty allows the co-op to cap­ture sun­light, even if it’s cloudy in one area, because chances are, the sun is shin­ing on pan­els in anoth­er part of the state.

As a result, mem­bers who par­tic­i­pate in Coop­er­a­tive Solar are sav­ing mon­ey on their elec­tric bills.

For more infor­ma­tion about Coop­er­a­tive Solar for your home, call (800) 421‑2343.