A WAY INTO SOLAR FOR UTILITIES
Minnesota utility co-op devises new business model for solar energy projects
David Shaffer, July 21, 2015 (Minneapolis Star Tribune)
“A Minnesota electric cooperative has devised a unique business model for solar power: install the panels on city-owned properties and, in return, the city government gets discount-priced electricity…In the first deal of its kind, the Wright-Hennepin Electric Cooperative Association has agreed to give the city of Rockford a 7 percent discount on its electricity for 25 years. The city is giving the utility no-cost leases at two sites where 331 solar panels will be installed later this year…If the pilot project is successful in Rockford…[Wright-Hennepin] intends to offer similar deals to cities, school districts and other interested large customers in its northwest metro ¬service area…Other co-ops around the country are watching…Projected savings are relatively small — $5,200 per year on the city’s electric bills — but there are no upfront costs. The deal also contains an option to expand the solar arrays…” click here for more
0 Comments:
Post a Comment
<< Home