RICHMOND, Va. (AP) - Virginia regulators are considering Dominion Virginia Power's proposed plan to increase the use of solar power.
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ROCKFORD, Minn. -- David Schmidt has been intrigued by the idea of generating power from the sun for a long time, but he had never taken the next step.
In the cleantech sector, pretty much everyone knows the acronym RPS, for Renewable Portfolio Standards. Since the first RPS policy in the U.S., implemented in Iowa in the late 1990s, 30 states have passed similar policies to promote the installation of renewable energy projects and expedite penetration (overcoming the ambivalence or outright opposition of utilities) of renewable energy in electric power supply.
"For most of these states, they're looking at it for economic development and job creation," Ghassemi said, underscoring the reasons why solutions such as cost incentives and utility quotas haven't helped states like New Mexico catch up to California and New Jersey, an unlikely solar leader.
The big question for any homeowner considering installing solar power is a simple one: How quickly will the system pay for itself?
The short answer: It depends on where you live.
An average American's greenhouse gas emissions begin to decrease around age 60. Retirees aren’t struck by a sudden commitment to the environment, but because they're not working full-time, they drive less. They might buy fewer clothes. They move into a smaller house. Now, two companies are betting that the promise of ditching electric bills for the rest of their lives will compel them to choose a net-zero energy house, too.
Google (GOOG) is stepping up wind-power purchases to reduce emissions, even as it devotes most of its renewable energy investments to sun-related projects, a trade-off aimed at reining in costs as the company seeks higher returns.
Planet Orange is now a power house. Phoenix and Arizona Public Service officials, NBA Phoenix Suns executives and point guard Steve Nash on Monday switched on 966 solar panels on the roof of US Airways Center parking garage. They've named it the APS Suns Powered Solar Structure.
The Army is preparing to collect proposals for a contract vehicle worth up to $7 billion over as many as 30 years meant to help it manage energy resources at Army bases around the country.
Investors looking to get fabulously rich may want to place a few bets on solar cell and rechargeable battery technology.