Solar panels are available for lease now at the HomeWorks Community Solar Garden, which is now under construction at our Portland office on east Grand River Avenue.
Members can sign up for one or more Phase I panels on a 25-year lease, for a net cost of $500 each after instant rebates from Michigan Energy Optimization and Touchstone Energy.
In exchange for leasing a 270-watt panel, the leasing member will receive a monthly credit on their energy bill for their share of the project’s average monthly production, at the co-op’s prior-year wholesale rate. Payback is estimated at 18 to 20 years at current electric costs.
HomeWorks Tri-County’s Community Solar Garden is engineered and installed by Cascade Renewable Energy of Grand Rapids, which has done a number of similar projects, including the solar array at the State of Michigan Welcome Center near Clare.
Click here to be introduced to GLREA