Large scale solar farms are expensive to build, but you can own a piece of your very own solar farm through a solar co-op.
A solar co-op is owned by members of the community, and any profits are either reinvested back into the project or distributed to the owners. By using the combined buying power of the group, each participant gets more bang for their buck. This is a great way to invest in solar energy around your local community – especially if you live in a condo and are unable to install solar panels at your residence.
Depending on where you are located, investments in solar co-ops may be eligible to be held in retirement or tax free accounts. A typical investment in a well-run solar co-op can return 3-5% per year.
Check out this list to learn more about different solar co-ops!