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 on 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 39 states as of 2021. This represents a 70% increase in capacity compared to the previous year, highlighting the growing popularity of community solar programs among consumers.
The report also highlights the environmental benefits of community solar, noting that these projects have helped to offset over 2.5 million metric tons of carbon dioxide emissions to date. This is equivalent to taking more than half a million cars off the road for a year, demonstrating the significant impact that community solar can have on reducing greenhouse gas emissions and combating climate change.
In addition to the environmental benefits, community solar programs also provide economic benefits to participants. According to the report, subscribers to community solar projects have saved over $100 million on their electricity bills since 2010. This savings can help to make renewable energy more affordable for consumers and incentivize further adoption of clean energy technologies.
Overall, Arcadia’s report paints a positive picture of the state of community solar in the United States, highlighting the sector’s rapid growth and significant impact on both the environment and consumers’ wallets. As more and more people seek out sustainable energy options, community solar programs are likely to play an increasingly important role in the transition to a clean energy future.
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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/