Four Ways to Go Solar
Resonant energy is committed to making 100% clean energy an easy choice for 100% of people. That's why we've come up with innovative models that allow new groups of people and organizations to go solar.
Resonant Energy’s Solar Access Program provides solar installations at no-cost, with zero monthly payments, and immediate savings of 10–30%. You owe nothing before or after installation, and there is no credit requirement.
Whereas other solar companies require high credit, money down, or long term purchasing agreements with monthly payments, Resonant asks for only a rooftop lease, and gives you a portion of the array’s electricity for free. We give preference to low and moderate income homeowners, nonprofits, and houses of worship, but all are welcome to apply.
The portion of the electricity that we don't give to you, we sell to a nearby community institution, such as affordable housing, or your municipality.
This model allows groups of individuals to install and own solar panels in shared, off-site solar arrays. Teams of community members find a suitable site for a shared solar array, and purchase shares of the panels that are built there. Participants may purchase the number of solar panels that best matches their electricity use. The model requires a sunny site at least the size of a basketball court, and a team of at least 4 households excited to produce their own power.
Direct Ownership: Participants receive the full suite of state and federal incentives for owning solar panels.
Shared Costs: By co-locating with other community members, the cost to each individual is reduced.
Optimal Site: By locating the array away from your home, you can use an ideal site with great solar exposure.
Hassle-Free: Co-op Power will operate and maintain the system for 20 years.
3. Power Purchase agreement
We offer Power Purchase Agreements (PPA) to commercial and nonprofit partners. The PPA represents a simple way to reap the benefits of solar power without impacting your own balance sheet.
The final savings that we can offer a commercial or nonprofit partner under a PPA will vary based on a number of factors, including the size of the system installed, the suitability of the Host’s property for solar, and the availability of state and federal incentives, which change from time to time. That said, we can typically sell solar electricity to the commercial partner at a rate at least 10% lower than prevailing electricity rates.
4. Direct Purchase
Finally, we offer direct purchase of solar arrays. For private tax-paying individuals and organizations that have the resources to pay for the upfront cost of installing a solar array, direct purchase presents the most financially beneficial option in the long run. Purchasers can take advantage of the full range of state and federal incentives for solar electricity.