Community Solar Coming Soon for Nolin Members
60-Acre Site Includes 32,000 Solar Panels and Provides New Renewable Power Option
Nolin is excited about a new renewable energy project that will allow members to purchase a license to buy a portion of solar energy through our wholesale power provider, East Kentucky Power Cooperative (EKPC). A request from EKPC has been filed with the Kentucky Public Service Commission (PSC) to construct an 8.5-megawatt solar project in Clark County, Ky.
If approved, the cooperative solar installation will be located next to EKPC’s headquarters facilities, adjacent to Interstate 64 and U.S. 60, about two miles east of Fayette County. With more than 32,000 photovoltaic panels covering 60 acres of land, the installation would be one of Kentucky’s largest solar farms.
If this project is approved by the PSC, it will give Nolin members an excellent and innovative option for renewable energy that is competitive with rooftop solar. Community solar allows members the option to invest in renewable power without the worry of complicated logistics or the high installation costs associated with home solar panels.
Above is an artist’s rendering of the 8.5-megawatt solar project in Clark County, Ky. The project is proposed as a cooperative solar arrangement.
The project is proposed as a cooperative solar arrangement, whereby members of Nolin RECC and other participating electric distribution cooperatives can purchase a license for a portion of the solar project’s generating capacity. They would then receive credits on their monthly electric bill for the value of the energy from their proportional licensed share. Licenses will be valid for 25 years.
The cooperative solar arrangement proposes a license fee of $460 per panel. Each participating member of Nolin will effectively pay the initial capital cost of the project, just as if their proportionate share of the solar panels had been installed on their residence or business.
We encourage you to read the Community Solar Tariff filing notice on the following page. EKPC hopes to complete construction of the solar farm by late August – we’ll continue to keep you posted as they move along with this project. In the meantime, consider making an investment in the new not-for-profit community solar farm.