Duke Plans $100M Investment in Solar Energy
By GreenBiz Staff, GreenBiz, Published June 10, 2008
CHARLOTTE, N.C. — Duke Energy Carolinas wants to invest $100 million in up to 850 solar energy arrays that could sit on the rooftops of as many as 850 homes, schools, stores and factories.
The program could generate about 20 megawatts of renewable energy for a utility that is heavily dependent on coal-fired electricity from the Carolinas and Midwest. The program would increase customer bills by 25 cents or less per month.
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The good news is that traditional utilities are slowly being mandated to incorporate clean, renewable technologies into their power mix. This is no doubt one of the reasons why Duke Energy Carolinas has chosen this time to invest in renewables.
In addition, the federal tax credit on the large renewable systems will run out this year, so this is the best time to take advantage of that program.
Are there any major RE projects going on in your area? Share your stories with us!
Energetically Yours, Diane Tegarden
“Getting OUT of Limbo-A Self Help Divorce Book for Women”;”Light Through
Shuttered Window- A Compendium of my Poetry”;”Anti-Vigilante and The
Rips in Time”- are available at http://www.firewalkerpublications.com
