Abstract
Jackson County, via the U.S. Department of Energy's Communities LEAP (Local Energy Action Program) requested support on the topic of Community Solar in their area. NREL completed a technical and financial modeling exercise to determine the potential for developing community solar in the region. The analysis performed determined that the current policy and economic environment, in large part due to Illinois's Solar For All program, is advantageous to the deployment and growth of community solar in Illinois. Across all 6 scenarios modeled, including current minimum and maximum financial incentives, the economics yielded positive net present values for both the project owner and its subscribers. The analysis shown in this presentation is only one of the first steps in deploying community solar and suggests Jackson County should pursue next steps. Such actions could include refining project economics, partnering with local utilities, policy makers, and developers to identify potential projects and outreach opportunities, and educating and engaging community members.
| Original language | American English |
|---|---|
| Number of pages | 60 |
| DOIs | |
| State | Published - 2024 |
NREL Publication Number
- NREL/TP-6A20-88408
Other Report Number
- DOE/GO-102024-6143
Keywords
- C-LEAP
- Communities LEAP
- community solar
- financial analysis
- financial modeling
- scenario analysis
- scenario modeling
- technical analysis
- technical modeling