- The monthly electric bill is reduced by the number of kWh’s the panel(s) produce and the bill credits are priced at the current LREC retail rate. As LREC rates rise, so do the solar bill credits.
- Replace fossil fuels used to generate electricity with your own solar energy.
- Setting your price of electricity for a portion of your needs for the next 20 years.
- All renewable energy credits (REC’s) and the potential benefits associated with renewable solar energy belong to you.
What People are Saying About Solar
“We have a seasonal lake home and like that the kWh credits that our panel produces in the winter will be carried forward so that we can use them during the summer.”
“In a few years I plan to sell my home and I will give the panel to my son. By then, regular electric rates will be higher than the solar and it should be a valuable gift.”
“The community solar is a good idea. We need to move away from fossil fuels to renewable energy.”
“I like that I can buy a single panel and just get my feet wet. Someday we might consider buying another.”
“We’ve been talking about putting in solar panels at our home but this seems to be an easier way to do it.”
Panels Still Available—Reserve Yours Now!
Use our EASY-PAY option and pay over 36 months—right on your electric bill!
Call Energy Services at
LREC Community Solar Project Pricing
|Panel Options||Average Annual Production||Price||EASY-PAY OPTION|
|1 Half Panel Output (205 watts)||294 kWh||$750.00||Just $21/mo for 36 months|
|1 Full Panel Output (410 watts)||588 kWh||$1,500.00||Just $42/mo for 36 months|
|You can buy the output of as little as one half of a panel or as much as 10 panels. The maximum output you can purchase is limited by your average annual usage or 10 panels, whichever is less.|
Call (800) 552-7658 or sign up to receive more information about community solar on our Sign Me Up page.
What is the purpose of Lake Region Community Solar? To provide interested LREC members an affordable option to purchase renewable solar energy and reduce their usage of energy produced from fossil fuels. Do I have to be a LREC member to participate? Yes, to be eligible you must be an LREC member in good standing with an active electric account. How much energy will a solar panel produce? Energy production will vary from month to month and year to year based on total sunshine. First year production is expected to be about 600 kWh with 46% of that produced from May through August. How do I receive payment for participating in the program? The total energy produced by the entire solar array each month will be divided by 96 (# of panels). Each participating member’s bill is reduced by the number of kWh’s their panel(s) produce - priced at the current LREC retail rate. As LREC rates rise over time, the value of the bill credits increase. Can members with seasonal homes participate in the Community Solar program? Yes, the program works well for seasonal accounts. KWh’s produced by the panel during months when there is no electric usage in the home are carried forward to months with electric usage. Will anything be installed at my home? No. All equipment will be installed at the LREC HQ Prairie array site and LREC will be responsible for operating, maintaining and insuring the array for the 20-year life of the program. What if I move? If you move your electric service to a different location within Lake Region Electric Cooperative’s service territory, you can transfer the credit to your new location. If you leave the area, you may elect to transfer or assign the panel production credits to another individual or entity within Lake Region Electric Cooperative’s service territory. See the agreement for complete details. How many panels do I need? The beauty of this program is that you can choose your level of participation. You can buy the output of as little as one half of a panel or as much as 10 panels. The maximum output you can purchase is limited by your average annual usage or 10 panels, whichever is less.