We at Harrison REMC are excited about the My Solar program. My Solar provides electricity through solar energy without any installation on your home or business. Members have access to easy, affordable solar power no matter where you live.
Rather than installing these solar panels on your home or business, Harrison REMC will keep and maintain your panels at one of our solar arrays. Participating members will receive an energy credit of $0.055 per kWh generated by the solar panel on their monthly electric bill. Each panel is expected to generate approximately 450-500 kWhs annually.
What are the benefits of the program?
Our remote solar arrays require no roof installation, providing you with a hassle-free way to access solar energy.
My Solar provides inexpensive options for investing in renewable energy, while the upfront and ongoing costs of home installations remain high.
The My Solar program gives you access to green power without the hassle of financing, roof improvements, shading issues, insurance, permitting, system maintenance, and any other issues that have kept you from installing solar panels on your property.
Here’s how it works
Participating members have two options:
- The five-year plan allows members to pay $125 per panel (or 10 monthly payments of $12.50) for a panel. Members can lease up to 12 panels.
- The 10-year plan allows members to pay $250 per panel (or 10 monthly payments of $25) for a panel. Members can lease up to 12 panels.
The example below shows the payback for a member who purchases one panel for $125 on a five-year lease agreement. (Example assumes the panel will generate an average of 475 kWh per year.)
475 kWh (solar annual production) x 5 years = 2,375 kWh x $0.055 (credit per kWh) = $130.63 (total credit over 5 years) — $125 (lease fee) = $5.63 (net credit)
For more information, go to www.harrisonremc.com or contact me at 812-734-3538.