TEXAS UTILITY GIVES SOLAR AWAY

Take My Solar Panel, Please!; San Antonio just announced a brilliant new business model for renewable energy.

Daniel Gross, September 11, 2015 (Slate)

“The business model surrounding rooftop solar has changed dramatically in the past decade…[C]ompanies like SolarCity changed the game by creating the solar lease—which required no money down but a long-term financial commitment that promised to lower monthly electricity payments…[Now San Antonio’s CPS Energy will offer residents cash—in the form of monthly credits on their electricity bills—if they [will] agree to let a third party put solar panels on their roofs…CPS is the largest municipally owned utility in the U.S...[M]unicipally owned utilities have the ability to approach the business in unorthodox ways. As a result, they frequently take an aggressive approach to renewables…CPS is already pretty progressive [with only 28% coal and 15% New Energy]…CPS hit on an insight. It could rebalance the grid, and rebalance the rollout of solar, by putting its money where its low-emission plans were…” click here for more

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