Colorado's governor passed a law this week making community solar gardens available to state residents.
Some other states have the gardens, which are collaborative small-scale solar farms. They are ideal for individuals who want to use solar power but live in apartments, can't afford to go solar on their own or live in homes that cannot physically accommodate solar panels.
Thanks to the law signed by Governor Bill Ritter this week, Coloradoans can set up solar gardens or buy shares with at least nine other people. Under the law, the gardens have to be smaller than 2 megawatts in size, and each one must have at least 10 owners.
Significantly, solar garden owners are eligible for both installation rebates - which are available from the state for Coloradoans who aren't customers of Xcel or Black Hills Energy - and renewable energy credits, or RECs. RECs are granted to those who generate renewable energy and send it back to the grid. There is a market for RECs in Colorado, meaning their price varies with demand.
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Colorado's governor passed a law this week making community solar gardens available to state residents.
