Why we need a payment method — how the two bills work
Your savings involve two bills.
1) Your utility bill (PNM, EPE, or Xcel): your share of the solar farm appears there as a
credit that lowers what you owe the utility.
2) Your Solscribe invoice, billed separately: that credit
minus your discount — 10% standard, 28% income-qualified. Example: a
$100 solar credit lowers your utility bill by $100, and Solscribe invoices you
$90 (or
$72 income-qualified). Your payment method is simply how that separate Solscribe invoice gets paid.
▶ See the full breakdown
By providing your bank account details, you authorize Solscribe to debit your account for future payments per your subscription agreement. Nothing is charged until your community solar project is operational.
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