Have questions about Community Solar? It involves the installation of solar panels at a site such as a farm, large roof, or other area. Nearby residents and customers can sign up to participate in the project and save money on their electric bill for their share of the power produced. For farmers in New Mexico, this represents a tremendous opportunity. Community solar can help improve the economics of farms by providing farmers with year-round and dependable income by leasing a small portion of their land for development. With a project lifespan of 20 years, these leases can help farmers weather fluctuations in commodity prices and make long-term investments in their farms.
This is the third installment in our First Thursdays presentation and you can view the webinar here.