Solar energy accounts for just about 14% of total energy production in California. If solar panels were easy and cheap to install, more people and businesses would opt to get their power from solar energy. That would mean less reliance on natural gas and a future of cleaner energy.
Since most solar panels are installed on buildings, it is typically up to property owners to decide whether to bear the cost and complication of investing in solar panels. But solar energy is so much more than just a cost-saving investment. It is an investment in the future of our planet, and it involves a conscious choice to help build the infrastructure for a more sustainable energy system.
We believe that more people, not just property owners, can and should become involved in the process of installing and maintaining solar panels. The way to make this possible is to share the ownership of solar energy panels across the whole community.
Ingleside Community Power intends to sell shares of solar panels to community members who will form a cooperative to install solar panels on homes and businesses in the Ingleside. Read below for an overview of how this project will work.
Ingleside Community Power Executive Leader Kansas Heaney (left) talks with community members
Community members—renters and homeowners alike—will have the opportunity to buy shares sold by Ingleside Community Power. Anyone who buys shares will become a part-owner of what will become the Ingleside Community Power cooperative.
The cost of one share is $100, and individuals can own a maximum of ten shares.
The proceeds of shares will be used to pay for the purchase and installation of solar panels on the roofs of commercial and residential properties in the Ingleside.
Property owners who work with Ingleside Community Power will get free solar panels, liability coverage, and a reduced electric bill.
As more community members buy shares and become general owners of the future Ingleside Community Power cooperative, more solar installations will be possible. Part of the electric bill reduction on properties with solar panels will be paid as a fee to Ingleside Community Power.
At the end of the year, the general owners of Ingleside Community Power will decide how to re-invest the fees it has collected, whether to re-invest that money in more solar installations, to disburse money to general owners, or to work on other community projects.
Della Z Duncan is Renegade Economist who grew up in the Ingleside neighborhood. Della is a Right Livelihood Coach, Alternative Economics Consultant and Teacher, and the host of the Upstream Podcast. Della serves as Ingleside Power's Community Leader
Kansas Heaney is a software developer who lives in the Ingleside. Kansas has volunteered for energy access justice causes in the Bay Area over the past few years. Kansas serves as Ingleside Community Power's Executive Leader.
Miles Escobedo was born and raised in the Ingleside and is the co-owner of Ocean Ale House, a gastropub on Ocean Avenue. He is also the president of Ingleside Merchants Association. Miles serves as the Financial Leader of Ingleside Community Power.
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