Is offsite solar better than onsite solar?

Regardless of the exact method, participating in offsite solar can have upsides similar to onsite. While both offsite and onsite options offer project structuring with no upfront installation costs and provide renewable energy at a fixed cost, the two system types ultimately can offer their own distinct benefits.

Do on-site solar systems work everywhere?

However, many on-site systems simply can’t scale large enough to cover full consumption needs, so they typically only cover a percentage of the facility’s needs, relying on traditional electricity to cover the deficit. They also don’t work everywhere as solar and wind resource varies from location to location, as well as incentives and rebates.

How do offsite solar systems work?

Offsite solar systems can be managed through an offsite or “virtual” PPA (structured much like an onsite PPA), where the developer owns and operates the system and sells the energy to the purchaser at a fixed rate, often lower than the standard utility rate.

Are on-site and off-site energy systems a good investment?

Many benefits exist for both on- and off-site systems. On-site systems offer a better return on investment because financial savings are across the entire electricity supply chain – costs associated with energy generation, transmission and distribution, market volatility, and environmental costs.

Do off-site solar and wind projects work everywhere?

They also don’t work everywhere as solar and wind resource varies from location to location, as well as incentives and rebates. Large energy consumers are increasingly looking to procure their renewable energy from off-site projects.

Should you add a storage option to your onsite solar system?

Adding a storage option to your onsite solar system can also help protect against demand charges, provide a flexible tool when utility rate structures change, and in certain cases, protect against blackouts and brownouts, allowing your company to become even more independent from the power grid.