Alliant Energy launches community solar program with 1-megawatt Fond du Lac project

Article originally published by WSJ.

Customers of Wisconsin’s second-largest utility can now invest in solar energy without having to install any panels. Alliant Energy announced [Tuesday] December 8th it is offering shares in its first community solar garden, a 1-megawatt project to be built next year near Fond du Lac…

Customers throughout Alliant’s Wisconsin territory can purchase shares in the project for $1,500 per kilowatt — available in 250-watt blocks for up to 100% of their annual use. In return, residential customers will receive bill credits of 6.3 cents per kilowatt-hour for the energy generated, which is fed into the electric grid. (Commercial customers are credited 5.6 cents per kilowatt-hour.)…