Perfect summer weather boosts the energy and enthusiasm of the Vashon Solar LLC group! We are gathering interested parties to learn about participation in a community solar project available to individuals.
State energy incentives are available through a community solar program. Vashon Solar LLC is such a program organized as an LLC ready to install a 9 kW solar panel array at the Harbor School on Vashon Island School District property.
Community Solar Projects are being organized and built all over the U.S. The idea is for a group of energy customers to invest in a solar array built on a public site in one’s own community. The members realize partial re-imbursement on their outlay while supporting local solar production. It is an investment opportunity right here on Vashon! Poulsbo, Whidbey Island, Bainbridge Island, City of Winthrop and Ellensburg have Community Solar Projects up and running.
Each project organizes its investment company a little differently. Our LLC will be a group of interested people who will join the community solar wave. Individuals and businesses can be members of the LLC. The host public site will be on Vashon Island School District property, located at The Harbor School. The Washington State cost recovery incentive program pays $1.08 per kWh generated by a qualifying community solar project built with Washington made solar modules and inverter systems. VASHON SOLAR LLC is using made-in-Washington materials, and intends to qualify. The incentive payments are passed on to each member after operating expenses according to each member’s percent of ownership in a community solar project through June 30, 2020 when the program ends.
This does not constitute an offer to sell securities or a solicitation of an offer to buy securities. Offers are made by offering circular only. Prospective investors are encouraged to read the entire SCOR offering circular prior to investing. There are risks associated with an investment in the company and you should not invest unless you can afford the loss of your entire investment.