Soon after your share of a community solar farm begins producing energy, you begin receiving solar credits on your monthly Ameren bills in exchange for the solar energy that was generated.
Each credit you receive is applied as a deduction on your electric bill. After you receive each credit, you pay Solstice for the credit's value at a 20% discount. This means you still receive guaranteed savings on your monthly energy costs! Though we aim to cover as much of your typical annual electric cost as possible, please note your community solar savings may not always fully cover what you owe for your electric costs.
In the sample Ameren bill below, you can see the solar energy generated appears in the "Usage Summary" section of the bill. The credit appears in the "Electric Supply" section with both the kWh usage and the credit value for that usage in the amount of $1,371.24.
Please note your actual Ameren bill will include the usage and credit in the same sections, but the line items may be named differently.
In this example, the customer received a $1,371.24 community solar credit on their Ameren bill. Approximately 1-2 months after the credit has been applied, the customer would receive a Solstice invoice with a charge for the credit at the 20% discount. For the $1,371.24 credit, the customer would pay Solstice $1,096.99. This means the customer's net savings for this single month would be $274.25.
You can see your billing history, savings, positive environmental impact, and much more by logging in to your Solstice account at app.solstice.us. If you have any questions, please don't hesitate to reach out to us at support@solstice.us or 845-853-0768.
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