Power in YOUR hands
Get involved in solar energy without the costs of construction, insurance and maintenance required for a personal solar system.
THE PROGRAM
Array: 147 kW size array with 524 high quality modules - 440 watts (DC) each located at our Iowa Falls, IA Service Center
2022 Pricing: $640/subscription. Buy 10, get the 11th FREE! Buy 20, get 2 more subscriptions FREE!
Production: We expect the entire array to produce around 250,000 kWh each year
Term: 20 years - March 1, 2017 to February 28, 2037
Available: To active Midland Power members
HOW IT WORKS
- Must pay up front and sign the Subscription Agreement form (Midland will provide) to subscribe to the program
- Credit is listed on monthly bill for each subscription, based on the energy generated for the month - typically around $3-7 each month
- Leftover credits are carried into the next billing period, but expire at the end of the program
- Can be transferred to another account if you move or may be reassigned to another member
PERSONAL VS. COMMUNITY SOLAR
PERSONAL (your own) SOLAR: Will cost between $2.80 - $3.80 per installed watt and does not include costs for maintenance or insurance. Midland Power is also capped for net metering.
COMMUNITY SOLAR: Costs less than $2.00 per watt AND the rate you'd receive for the credit is much higher than that of avoided cost - which is the rate you would receive if you were to install your own array. All without the hassle or maintenance and insurance costs.
BENEFITS
- Avoided future energy cost increases - if our wholesale power (where we purchase power from) rates go up, so does the rate of your credit
- No maintenance or repair responsibilities
- Reap the benefits of solar without having to find a space on your own property
- Keep roof and shingle warranties valid with no need for a rooftop installation
HOW MANY CAN I SUBSCRIBE TO?
If you have a residential account, members can subscribe to the output of as little as one module or multiples - based on 80% of the average usage from the last 12 months.
If you have a commercial or agricultural account, members can subscribe to the output of as little as one module or multiples - based on 50% of the average usage from the last 12 months.
READY TO GET STARTED?
Call us at (800) 833-8876