Are all MGE commercial electric customers eligible to participate in Shared Solar?
Customers who have an electric service meter on the Cg-3, Cg-4 or Cg-5 rate are eligible to participate.
How much energy can I purchase?
Participants are able to buy up to 50% of an eligible meter's annual electricity consumption.
For example, if an eligible service meter used an average of 50,000 kWh annually, you could potentially purchase up to 76 shares, which is projected to produce about half that total annually (24,700 kWh). The participation fee for this election is $3,591 ($47.25 x 76 shares). The number of available shares to purchase may also be limited by an unusually low monthly consumption from the previous 12 months. The forecasted monthly energy production of the number of shares purchased may never exceed the monthly consumption.
The maximum amount of solar energy for which participants are billed each month is 100% of their electricity consumption or the amount of electricity produced by your per-share portion of the solar project that month, whichever is less.
Can I transfer my shares from one business location to another?
If you move your business to a new location within MGE's electric service territory, your program participation may transfer to your new MGE electric account. MGE will work with you to determine if your shares are eligible for transfer. Participation ends if you move your business outside of MGE's electric service area.
Can I say my business is using renewable energy through my Shared Solar subscription?
Yes! The energy that you are purchasing through the Shared Solar program feeds our community grid. Your support for Shared Solar also helps us reach shared energy goals for our community. MGE is targeting net-zero carbon electricity by the year 2050. By partnering with our customers through programs such as Shared Solar, we can meet our goal.
How does the solar production of my shares align with my time-of-use electric rates?
Each month a share will have a production profile based on overall solar generation that will be credited back to Shared Solar participants. The solar energy supplied through Shared Solar will replace an equal amount of kWh for which the customer would otherwise be billed the applicable electricity service per kWh charges. When applicable, these kWh will be replaced across time-of-use periods in proportion to the customer's usage across these periods.
For example, if you use 30% of your total energy evenly across the three on-peak periods, your Customer Solar Output would be allocated at 10% for each of those periods (for a total of 30%). 100% of your Customer Solar Output will be allocated to your base energy rate.
What happens if my business moves to a rate class that is no longer eligible to participate in Shared Solar?
Program participation would end and the customer's participation fee would be forfeited.
What happens once the project is fully subscribed?
Once the project is fully subscribed, other interested customers will be placed on a waiting list. If portions of the project become available (previous participant moves out of the electric service area or otherwise chooses to exit) within the first three years, MGE will offer available shares to the next customer on the waiting list.
How can I power my business using 100% renewable energy?
For customers who sign up for Shared Solar for up to half of their annual electric use but would like to power their business with 100% renewable energy, MGE also offers our Green Power Tomorrow (GPT) program. Subscribers to GPT pay one cent more than their standard per kWh electric rate to receive a percentage or specific dollar amount of their electricity from wind and solar resources in our region. MGE business customers may sign up to purchase a percentage (1% to 100%) of their monthly electricity use through GPT or, since electricity use can vary, customers can choose instead to purchase a specific dollar amount of GPT electricity each month. Both voluntary programs support the growth of renewable energy.
Shared Solar participants reserve a share of the electricity generated by a solar array in our community. GPT participants support wind and solar resources feeding our grid from throughout the region.
If your business has meters on Rate Schedules Cg-2 or Cg-6, then your business may be eligible for a Renewable Energy Rider (RER). Under the RER, MGE works with your business to develop a contract to serve all or a significant portion of your business's electric needs with renewable generation. The customer is responsible for costs associated with sourcing the renewable generation and any distribution costs to deliver the energy to your business.
Can I cancel my participation?
Yes. You can leave the Shared Solar program at any time. When you notify us, MGE will resume billing you for all of your electricity use at the standard rates. The up-front participation fee is nonrefundable.
How can I learn more?
Commercial customers can call (608) 252-7007 weekdays between 8 a.m. and 4:30 p.m. or email email@example.com.