Use Procurement Methods That Would Lower the Overall Cost of the Project and, in Turn, the Cost for Low-Income Populations
As shown below, lowering costs is essential for providing equitable access to community solar projects. To lower costs, you will want to consider how you can capture tax credits, reduce both hard and soft costs, and reduce financing costs, as discussed in the reducing project costs section.
Explore Financing Options to Help LMI Customers Subscribe to a Community Solar Project
Helping LMI customers pay for their subscriptions through innovative financing models can be key to providing equitable energy. Clean Energy States Alliance’s (CESA) webinar on Community Solar for Low- and Moderate-Income Consumers explains LMI subscription considerations and provides examples of each option.
In addition, the following list, drawn from NREL’s Unlocking Solar for Low- and Moderate-Income Residents, depicts potential ways you can help LMI customers pay for their subscriptions: