Later this year, Austin Energy will begin offering its customers an opportunity to sign up to receive solar energy generated at community solar installations located at the Kingsbery Substation in East Austin, and, in the future, from other solar installations located throughout Austin. Community solar will allow customers who rent or whose homes cannot be fitted with their own solar panels to be able to purchase local solar energy.
Austin Energy is currently considering several options for how to allow residential customers to enroll in its community solar program, including:
- a capacity-based subscription with an upfront fee and monthly production credits (Austin Energy estimates investment would pay back in 13 years, with $90/month in savings for 12 more years);
- a capacity-based subscription with a monthly fee and monthly production credits (Austin Energy estimates the average customer would save $6/month);
- a fixed community solar fee that would replace the power supply adjustment (PSA) fee (this would initially be more expensive, but could be cheaper in later years);
- a community solar fee that would be added to the PSA (similar to GreenChoice, where customers forever pay more);
- a customer ownership model, where customers would buy a number of panels upfront and receive monthly production credits (Austin Energy estimates investment would pay back in 15 years, with $90/month in savings for 10 more years); and
- a low-income community solar offering subsidized through customer charges.
We encourage you to take Austin Energy’s survey, which the utility will use to help determine the most appropriate model to ensure the success of the community solar program.
Please note that you may have to enable pop-ups and if you see a note that asks for a Login ID and Password, just ignore that and click “Begin Survey.”
The survey will close on June 1st, so don’t wait!