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MG&E presents shared-solar option; Monona committee asks for cost scenarios before buying renewable attributes
Summary
MG&E representative Matthew Matanera outlined a shared-solar-for-business offer tied to Pinehill Solar (Cross Plains) and presented REC-based options that could help Monona meet municipal clean-energy targets; committee members requested clearer cost scenarios and a financial comparison with on-site solar before committing.
Matthew Matanera, a business-customer relations representative for MG&E, told the City of Monona Sustainability Committee on April 2 that MG&E is launching a Shared Solar for Business program and wants municipal partners to buy renewable attributes tied to new projects such as Pinehill Solar in Cross Plains.
Matanera said MG&E received regulatory approval to add about 50 megawatts of clean generation and is phasing new projects; Pinehill Solar is an initial 6-megawatt project with roughly 23,000 shares available, he said. He described how renewable energy credits (RECs) work — roughly one REC per 1,000 kilowatt-hours — and said MG&E would retire the RECs on behalf of participating customers through a Midwest tracking system and could help arrange third-party audits if…
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