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 COMMUNITY RENEWABLE ENERGY FACILITIES (CREF) CASE STUDIES

 Our Social Impact Investors Will Pay For Your Solar Power System

DC’s solar incentives make it possible for us to build large roof top and ground mount photovoltaic solar arrays and give away all the power to the property owner. Our investors take the Solar Renewable Energy Credits (SRECs).

You can get a power purchasing agreement for power for zero cents per kw, or 6 cent per kw power and a free roof replacement (subject to roof cost and system size). You can also own your own system and earn double the benefits with SRECs.

Some buildings have enough space on the roof for solar to provide energy for many residents. Community renewable energy facilities can efficiently create and sell or give solar power to residents.

Here are three examples of CREF projects that Advanced Solar has installed that provide clean, NO COST renewable energy in DC. We have also included one example of a CREF project that got a $40,000 roof layover for free plus power for less than half PEPCO prices.

Wilmington Place SE, DC

Cost paid for system
First Year Production (kw)
Value of 1st Yr Production1
20 Year Value2
Rate
Cost paid over 20 years
$ 0
98,000 kw
$13,700
$369,000
0 cents per kw
$0
1Valued at rate of 14 cents per kw. PEPCO is raising rates in June 2024 to over 15 cent per kw.

2Based on avg panel efficiency loss and 3% annual PEPCO power price increase.

We Can Provide Free Roof Repair And Power For Half The Price of PEPCO

This CREF customer in Southeast DC got a new $40,000 layover treatment for their roof and locked in power for 6 cents a kw for the next 20 years. They will get power at less than half of the PEPCO price. They paid nothing and they will never pay anything but their half price electric bill. They will save almost $200,000 over the next 20 years. 

Good Hope Road SE, DC

Cost paid for system
First Year Production (kw)
Value of 1st Yr Production1
20 Year Value2
Free Roof Repair
Rate
Cost paid over 20 years
Net Savings
$ 0
58,000kw
$8,120
$211,120
$40,000
6 cents per kw
$69,600
$181,520
1Valued at rate of 14 cents per kw. PEPCO is raising rates in June 2024 to over 15 cent per kw.

2Based on avg panel efficiency loss and 3% annual PEPCO power price increase.

D Street SE, DC

Cost paid for system
First Year Production (kw)
Value of 1st Yr Production
20 Year Value
Rate
Cost paid over 20 years
$ 0
89,000 kw
$12,460
$324,000
0 cents per kw
$0

Bass Place SE, DC

Cost paid for system
First Year Production (kw)
Value of 1st Yr Production
20 Year Value
Rate
Cost paid over 20 years
$ 0
41,000 kw
$5,700
$154,000
0 cents per kw
$0

Our Consultants Will Help You

Set Up Your Own Community Renewable Energy Facility

You can sell the power or give it away. 

Solar power is very big economic win when you don’t have to pay for it! Our impact investors will pay to purchase and install the system. They keep the Solar Renewable Energy Credits, you keep the power. 

Or be your own investors and double your economic benefits from your CREF project.  

 

Find out how much you can earn by setting up a CREF on your property.

We will design a system, model your solar savings, and show you the best options for power purchasing agreements or direct system ownership.

Schedule your free consultation now!