Three years ago, the prospects for Americans to own the future their energy seemed relatively bleak. There was almost no replicable to do models municipal energy projects or investments, despite decreasing unit costs and technology - solar and wind-, which are suitable for local development.
But thanks to the recent opportunities in community solar and Crowdfunding, maybe we will see a market for renewable energy in America, where everyone wins.
We start with solar. It's the ultimate distributed renewable energy sunshine is everywhere – and its cost falls so quickly that within a decade 300 gigawatt solar unsubsidized competitive with local prices in communities in the country. In 2010, only one model for the development of community had proven solar easily replicable and there was no way, is a Community collective capital to invest in local energy (except maybe one Stadtwerke, story for another time) to combine. Since almost three quarters which residential roofs not suitable for solar, it was hard to see how most Americans take advantage of the Sun might brighten their energy future.
But in the year 2013, community solar are rising fast. Colorado Community-solar garden program - selling off his 9-megawatt limit in half an hour - shows a powerful model for people to go, even if their own roof is their money, solar, you don't or bundle not sunny let. Their model to other countries, such as the clean energy brought some companies in Colorado already have collective solar joint venture with the Wright Hennepin electric cooperative in Minnesota, and legislation consider to expand the possibility of other States (including Minnesota).
Remember in the year 2013, possibly opening the floodgates of Crowdfunding.
At the end of 2012, mosaic California (solar) launched their first joint project for solar investments, so that 51 California investors 6.38 percent profits to invest in a 47 kilowatt (kW) solar plant on the roof of the youth employment partnership in Oakland earn. Their subsequent 235 kW project of ups the ante and was open to ordinary people in California and New York (and accredited investors in all 50 States). It sold out in only 24 hours more than 400 investors with an average share of only $700. The investment used a common securities law exemption (rule 506 of Regulation D) and investors get an annual yield of 4.5 percent (minus the fees) within nine years, greening the economy and their budgets.
The key advantage of solar mosaic is the investment. Solar projects have sometimes called net virtual shared energy savings for participants, metering leave. Potential investors in the same utility service area is limited, and the savings can not be made to a property outside of this range. The mosaic model community solar transforms a simple investment, potential investors, to invest a given mosaic project, to elect cash in a Treasury or savings account with significantly higher yields than parking. Because now it is limited to broad participation in only two States, New York and California, but mosaic "works", to expand the possibility.
Mosaic can be renewable only the first salvo in a firestorm of community investment. JOBS Federal 2012 intends to create a new segment of investment security with much lower advance and legal costs, the mass pool would allow up to $1 million for solar and other renewable Energieprojekte.Der only "downside" in the mosaic model is that it explicitly not geography investments to connect. New York City resident, can invest in a project in California, but not in Manhattan or the Bronx. If this model successfully to remain, but it is likely that will change.
Crowdfunding isn't either on renewable energies, be restricted. People could their resources in block by block is energy efficiency retrofit, reduce their own and their neighbours of energy costs and share with the energy savings other local investors to invest together. Crowdfunding for energy efficiency could be combined with commercial building energy reviews your choice (only MN adopt in Minneapolis, for example) the least efficient buildings with the greatest potential for savings. Local joint investment would not only knock, and additional energy savings to share, but idle would boost the local economy by workers, it was make to work building more cost-effective and less climate damage.
Community solar and Crowdfunding are still in their infancy, but they represent two powerful tools for the Americans their energy take over future.
This post originally appeared on ILSRs self-reliant energy status blog.
View the original article here