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MyVirtualSolar.com
Community Virtual Solar Gardens
Not Just a Solar Project…but Economic Development
Subscriber Based Community Solar
Residents and small businesses pay an upfront fee to purchase
solar panels, or their production value, in a locally sited, common
solar array for the purpose of choosing renewable energy and
reducing/eliminating their own monthly electric bill… CGE’s
Community Virtual Solar Garden program.
Types of Community Solar
Why Choose Subscriber Based Community
Solar?
• Expands Participation – Open to all- democratizes solar for
renters, shaded homes, condo owner, live in a high rise, etc.
• Local Ownership - The generation assets are monetized by a 3rd
party to lower cost but all the solar production value is owned by
local area participants. This removes Security issues. All economic
benefits flow to participants, staying local for the life of the
project.
• Real Choice – The ability to self-direct and choose the type of
energy you use and where it comes from.
• Entire Community Wins – Money stays local, growing
exponentially via the “Local Multiplier Effect’.
How CGE’s CVSG Program Works – Option 1
• Cooperative and the Town sponsor the project and provides a host site for
the Community Virtual Solar Garden (‘CVSG’) common array.
• CGE develops, designs, funds, builds, owns, and operates the solar system
and creates the CVSG entity, subscribing resident participants and
managing the CVSG program for 20 to 35 years.
• Revenues the CVSG entity receives from the Host site under a 20-year
Power Purchase Agreement (with extensions), is re-distributed to all
subscribers… and all the monetary benefits stay in the community!
$418,211
$543,674
$920,064
$1,547,380
$-
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
$1,800,000
CVSG Benefits
Distributed
(Real)
Potential
Benefits
w/LME @ 25%
Potential
Benefits
w/LME @ 50%
Potential
Benefits
w/LME @ 75%
Benefits ($)
Financial Benefits/Effects of 100kW CVSG
Re-Distributed Over 20-Year PPA Term
How a CVSG will make a ‘difference’ in your
Community
• Brings solar participation to the 75% of people who
are not able to participate (shaded, rent, cost, etc.)
• Engages community in achieving affordable shared
goals from a community project for sustainable,
economic development.
• Makes your community an even better place to live.
Local Residents and
Businesses
 Affordable access to Solar Power
‘Ownership’ (30-40% less than
putting it on your own home)
 Lower Monthly Electric Bills
 Long-Term Hedge on
Power Prices
The Community
 More Local Jobs and Local Revenue
 Long-Term Capital Retention
 Dollars grow from Local Multiplier
Effect (re-circulated locally)
 Buy Local Incentives
262.248.0927
COMMUNITYGREENENERGY.com
Community Virtual Solar Gardens
Go Green… BETTER!

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Locally owned solar garden local economic impact

  • 1. MyVirtualSolar.com Community Virtual Solar Gardens Not Just a Solar Project…but Economic Development
  • 2. Subscriber Based Community Solar Residents and small businesses pay an upfront fee to purchase solar panels, or their production value, in a locally sited, common solar array for the purpose of choosing renewable energy and reducing/eliminating their own monthly electric bill… CGE’s Community Virtual Solar Garden program. Types of Community Solar
  • 3. Why Choose Subscriber Based Community Solar? • Expands Participation – Open to all- democratizes solar for renters, shaded homes, condo owner, live in a high rise, etc. • Local Ownership - The generation assets are monetized by a 3rd party to lower cost but all the solar production value is owned by local area participants. This removes Security issues. All economic benefits flow to participants, staying local for the life of the project. • Real Choice – The ability to self-direct and choose the type of energy you use and where it comes from. • Entire Community Wins – Money stays local, growing exponentially via the “Local Multiplier Effect’.
  • 4. How CGE’s CVSG Program Works – Option 1 • Cooperative and the Town sponsor the project and provides a host site for the Community Virtual Solar Garden (‘CVSG’) common array. • CGE develops, designs, funds, builds, owns, and operates the solar system and creates the CVSG entity, subscribing resident participants and managing the CVSG program for 20 to 35 years. • Revenues the CVSG entity receives from the Host site under a 20-year Power Purchase Agreement (with extensions), is re-distributed to all subscribers… and all the monetary benefits stay in the community!
  • 5. $418,211 $543,674 $920,064 $1,547,380 $- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 CVSG Benefits Distributed (Real) Potential Benefits w/LME @ 25% Potential Benefits w/LME @ 50% Potential Benefits w/LME @ 75% Benefits ($) Financial Benefits/Effects of 100kW CVSG Re-Distributed Over 20-Year PPA Term
  • 6. How a CVSG will make a ‘difference’ in your Community • Brings solar participation to the 75% of people who are not able to participate (shaded, rent, cost, etc.) • Engages community in achieving affordable shared goals from a community project for sustainable, economic development. • Makes your community an even better place to live.
  • 7. Local Residents and Businesses  Affordable access to Solar Power ‘Ownership’ (30-40% less than putting it on your own home)  Lower Monthly Electric Bills  Long-Term Hedge on Power Prices
  • 8. The Community  More Local Jobs and Local Revenue  Long-Term Capital Retention  Dollars grow from Local Multiplier Effect (re-circulated locally)  Buy Local Incentives