September 3, 2020

One Bill to Rule Them All Part 3: Does Net Billing Reduce Project Risk?

The most common gripe when discussing community solar is the requirement of a second bill for subscription payments. On average, consumers spend less than 8 minutes thinking about their utility bill each year, so they certainly are not going to enjoy spending twice that amount of time to pay two separate invoices from their utility and community solar provider. The logic then follows that two bills lead subscribers to miss payments or encourage them to exit their contracts completely. Since late payments and churn are the leading areas of risk for a project, a single consolidated utility bill would surely de-risk community solar projects!

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