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Hcs Renewable Energy Llc – Basic Solar Community Terms You Need to Know to Understand Our Program and Speak Like a Solar Pro!
Alternating current (AC) or direct current (DC) refers to the direction in which current flows in a circuit. The main difference is the power source. Direct current flows in only one direction and is powered by batteries or fuel cells. Laptops and electric cars run on direct current. Alternating current reverses the direction of the electrical current in regular cycles and is typically used in wall outlets. In a solar farm, as part of a photovoltaic system, an inverter is required to convert the energy from direct current to alternating current energy and distribute it to the power grid.
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Clearway Community Solar customers will receive the credit value from the allocated portion of the Clearway Community Solar Farm as solar credits to help lower their electric bills. Depending on your home’s energy use and amount of solar energy production, the value of solar credits can help offset your energy bill. The amount of reduced or refunded energy supply charges is a percentage of the charge shown on the bill.
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Greenhouse gases from natural sources (such as the ocean) and from anthropogenic sources (such as transport). Fossil fuels are the main cause of human-caused carbon dioxide emissions. At Clearway Community Solar, one way to understand the environmental impact of our program is to offset carbon emissions from the solar energy produced at our solar farms. For example, over the life of the customer contract, the average Clearway Community Solar customer can offset the carbon equivalent of a car driven more than 280,000 miles.
The calculation is based on the expected production of the farm, with an average distribution of 7 kV during the period of validity of the Agreement. For more information on this calculation, visit the EPA’s Greenhouse Gas Equivalent Calculator.
The total amount of greenhouse gases emitted by an individual, household or group of people through their daily activities. The sum of all individual carbon dioxide emissions over a period of time (usually a year) is that person’s carbon footprint. Taking steps to reduce your carbon footprint helps protect the environment. For easy ways to reduce your carbon footprint, visit our blog.
Community Solar is a solar sharing program where solar energy is produced by an off-site solar farm (or solar garden). The solar farm is supported by local residents and businesses that can order part of the solar farm. In return, community members receive solar credits for the solar energy produced during their subscription. This model allows local residents to benefit from solar energy and support clean energy production without having to install and maintain roof panels on their homes.
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The delivery charge on your utility bill is the amount the energy customer pays for the actual delivery of electricity to the home, including meters and power lines. The charge is usually based on kilowatt-hours (kWh) in the home and is set by the consumer. With the Clearway Community Solar program, there is no shipping fee for solar credits, and the utility shipping fee does not change when a customer enrolls in Clearway Community Solar.
In deregulated markets, consumers have the option of choosing an energy supplier other than their local utility, or ‘energy choice’. Retail energy suppliers can buy energy and partner with utilities to deliver energy to the customer’s home. A retail energy supplier can offer the customer competitive prices for a short period of time, usually 6 months to two years. In regulated markets, consumers must obtain energy from their local utility, and retail energy partners cannot compete. Community Solar operates in regulated and unregulated energy markets. In unregulated markets, customers can still participate in the Clearway Community Solar program even after signing up with a retail energy provider.
An energy supplier is a company that supplies electricity to your home at an agreed rate per kWh. The supplier is your local utility company, or in deregulated regions it may be a retail energy supplier.
The energy supply fee is the cost of supplying electricity directly to the residence. This is a utility bill, separate from the delivery charge, and the price is expressed in kWh for the amount of energy used by the home over a given period. Clearway Community Solar customers do not pay a separate feed fee when participating in our program.
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An annual payment rate or rate increase is often included in long-term contracts. Depending on your location, some Clearway Community Solar contracts include flat-rate escalators. This means that while your Clearway Community Solar subscription rate will increase each year, it will increase at the same rate for the life of your contract and no more.
The main source of carbon dioxide emissions, fossil fuels, are non-renewable energy sources such as oil, coal and natural gas. Extraction of this fuel requires mining or drilling, and it must be burned to produce electricity. Fossil fuels currently account for about 81% of US energy needs. By supporting solar generation through a program like Clearway Community Solar, customers can help reduce their dependence on fossil fuels.
Atmospheric gases such as carbon dioxide, which absorb and emit radiation, trap heat in the atmosphere and warm the planet. The main source of greenhouse gas emissions in the United States is electricity generation.
The process of connecting an energy generating source, such as a solar farm, to the electrical grid.
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Inverters convert the DC power generated by the solar farm into AC power to power the electrical grid that distributes power to consumers.
A total of 1000 watts per hour. In the electricity bill, the price of electricity is determined according to the amount of energy used by the house. This is measured in kWh. The amount of energy used is then multiplied by your utility rate to determine the cost of energy supply and delivery. The value of the solar energy produced by the Clearway Community Solar Farm is determined by the amount of energy produced by the farm in kWh multiplied by the solar price discount.
A unit of power equal to 1000 kilowatts or 1 million watts. Large community solar farms typically measure solar energy production in megawatts.
Net Energy Metering, or NEM, is a billing system where rooftop solar customers are billed for their home’s net energy consumption after adjusting for the solar energy produced by their home. If more solar energy is produced than the home uses, these credits can be applied to the home’s meter. A total of 43 states and DC have implemented grid metering guidelines.
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Credits generated for the solar energy produced each month in its assigned part of the solar farm. These credits can help reduce energy costs over time. Net accounting loans are another term for solar loans, virtual net accounting loans, or advanced billing loans. In most regions, net metering credits are applied directly to the customer’s utility bill.
One of the requirements that a homeowner must meet in order to install a solar system on their property. Licensing requirements vary by state and can be time-consuming and expensive. The advantage of Community Solar is that residents do not have to meet the requirements for permits on their homes to use solar energy. Instead, Clearway Community Solar builds and operates a local solar farm, so residential rooftop and solar permit requirements are no longer part of the process.
The entire system that converts sunlight into electricity in a solar farm, from solar arrays to other necessary components such as an inverter.
A system that connects electricity to homes and businesses. The United States has three interconnected grids to ensure stability and meet demand: the East Connection, the West Connection, and the Electric Reliability Council of Texas (ERCOT), which covers most of Texas. Each of these three interconnections consists of many regional grid operators that balance electricity supply and demand and ensure the reliability of electricity in the region. Solar energy produced by community solar farms is fed directly into the electrical grid for power distribution.
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An agreement between the customer and the solar system operator, under which the solar system operator manages, maintains and operates the solar system, and the customer purchases the solar energy produced each month at a specified price per kWh.
Energy produced from naturally renewable sources, including solar, wind, hydro and geothermal energy. Renewable energy sources do not require the burning of fossil fuels that emit harmful greenhouse gases to produce electricity, so they are considered clean energy sources.
Representation of 1 megawatt hour (MWh) of electricity produced from renewable sources. Clearway Community Solar customers do not have RECs for associated solar production on their portion of the farm, but receive solar credits based on their subscription production.
Installation of solar collectors on the roof of a house or energy company to produce solar energy
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