Summit Ridge Energy, ComEd Mark 75th Community Solar Project in Northern Illinois

Lawndale News Chicago's Bilingual Newspaper - Business

Lawndale News Chicago's Bilingual Newspaper - Business

ComEd and Summit Ridge Energy (SRE) announced the opening of the 75th community solar development in ComEd’s service territory. The 2.495 megawatt (MW) Speedway Solar project 10 miles south of Joliet, Ill., will provide more than 350 ComEd customers with access to the benefits of solar energy and savings on their energy bills. The Speedway Solar project includes more than 2,300 solar panels and occupies 31 acres on West Sharp Road in Elwood, Ill., about 60 miles southwest of Chicago. It will enable ComEd customers who may not have the roof space or financial means to install their own solar energy generation system to realize the benefits of solar energy. Community solar subscribers earn credits on their monthly utility bills for their portion of the energy produced by the solar project. Energy generated by community solar flows to the electric grid to become part of the overall energy supply. SRE is the largest commercial solar developer and owner-operator in Illinois, with an energy portfolio of more than 250 MWs across the state. More information about SRE’s projects is available at [www.srenergy.com]. By the end of this year, ComEd expects to have doubled the number of community solar projects interconnected to its electric grid to more than 150, serving approximately 36,000 customers. ComEd estimates that solar power on its grid, including rooftop and community solar systems, will grow five times from almost 650 MWs today to about 3,300 MWs by 2030.

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