Arcadia, a leading provider of community solar programs, recently released its first report on the state of community solar in the United States. The report, which was featured in PR Newswire, provides valuable insights into the growth and impact of community solar projects across the country.
Community solar is a rapidly growing sector of the renewable energy industry that allows individuals and businesses to subscribe to a shared solar energy system located off-site. This model enables consumers to benefit from solar energy without having to install panels on their own property, making it a more accessible and affordable option for many people.
According to Arcadia’s report, the community solar market has experienced significant growth in recent years, with over 2.2 gigawatts of capacity installed across 38 states as of 2021. This represents a 70% increase in capacity compared to the previous year, highlighting the growing popularity of community solar programs.
One of the key findings of the report is the positive impact that community solar projects have on local communities and the environment. By expanding access to clean energy and reducing reliance on fossil fuels, community solar programs help to lower carbon emissions and combat climate change. Additionally, these projects create jobs and stimulate economic development in the areas where they are located.
Arcadia’s report also highlights the benefits of community solar for consumers, including cost savings on their electricity bills and the ability to support renewable energy generation. By participating in a community solar program, individuals can take advantage of incentives and tax credits that make solar energy more affordable and accessible.
Overall, Arcadia’s first report on the state of community solar provides valuable insights into the growth and impact of this innovative renewable energy model. As more communities across the country embrace solar energy as a sustainable and cost-effective solution, the future looks bright for the expansion of community solar programs.
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- Source: https://zephyrnet.com/arcadia-in-pr-newswire-arcadia-releases-its-first-report-on-the-state-of-community-solar-ourcrowd-blog/