The city-built 2-megawatt farm allows Ames Electric Services customers to purchase shares of solar energy. Each $300 share represents a half-panel that produces 175 kilowatts of zero-emission energy. Ames Electric Services provides a monthly bill credit for each share over a 20-year customer contract. City officials estimated the farm can power 440 homes and reduce carbon emissions by 57,000 tons over two decades. Construction began on the farm after 75% of shares were sold.
Municipality in Iowa
United States of America
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