THE COMMONS MODEL
...and how money flows through the cooperative.
We call our primary model for community solar ownership the "Commons Model" because it works by putting privately-owned roofs into the commons. It does this despite the fact that California does not have viable shared solar policy. It's a simple and proven model, and here's how it works:
1. A community comes together to form a Project Group. This Project Group will lead all elements of the project development, including fundraising and locating a site. People Power will lend a hand throughout by providing technical, administrative, and organizing support.
2. Community members invest $100 to $1,000 in the cooperative to become Owners of People Power Solar Cooperative. They are now members of the cooperative and co-owners of a solar project! They receive modest dividends on their initial investment.
3. The cooperative pools members’ investments to build a solar project on a property.. The project is installed by a third-party installer.
4. After installation, the property-owner begins to pay the cooperative for electricity. Each property owner will be pays less than or equal to what they’d pay with their local utility.
5. People Power Owners recoup the shared financial benefits of the project in the form of annual dividends on their shares. A portion of the electricity payments also go towards future projects and the growth of the cooperative!
We do this by enabling anyone to invest in and organize community-owned solar projects. You no longer have to be a property owner to be able to activate community powered people! And you don’t need to know all the nitty-gritty details about solar because we’re here to support you!
2021 PROJECTS IN ALAMEDA COUNTY
OUR FIRST PROJECT
INGLESIDE COMMUNITY POWER
People Power is proud to be working with Ingleside Community Power, our first Project Group! If you live in the Ingleside neighborhood of San Francisco or are interested in learning more about this group, please visit their website at inglesidecommunitypower.com
The Commons Model is only one of the many models within the People Power Solar Cooperative, check out the diverse strategies our member-owners are implementing to build this cooperative energy movement in the video from our 2020 Annual Owner Meeting below!