In this paper, a new method to address the scheduling problem of a renewable energy community while considering network constraints and users’ privacy preservation is proposed. The method decouples the optimization solution into two interacting procedures: conic projection (CP) and linear programming (LP) optimization. A new optimal CP method is proposed based on local computations and on the calculation of the roots of a fourth-order polynomial for which a closed-form solution is known. Computational tests conducted on both 14-bus and 84-bus distribution networks demonstrate the effectiveness of the proposed method in obtaining the same quality of solutions compared with that by a centralized solver. The proposed method is scalable and has features that can be implemented on microcontrollers since both LP and CP procedures require only simple matrix-vector multiplications.