Solar Power – Gadgets fueled by the sun? That day has dawned
Inside: Ethical Web Design
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Solar Power – Gadgets fueled by the sun? That day has dawned
SEPA Statement on PSE&G $773 Million Solar Program Investment
The Solar Electric Power Association (SEPA) applauds Public Service Electric & Gas Company (PSE&G), an investor-owned utility in New Jersey, for today’s announcement of a plan to invest $773 million to add 120 megawatts (MW) of utility-owned photovoltaics within its service territory. PSE&G’s Solar 4 All Program is one of many large-scale utility-driven solar projects and programs SEPA anticipates to be rolled out this year as a result of changes to the federal solar investment tax credit (ITC) instituted in October 2008. The most significant and relevant change removed a prohibition which prevented investor-owned electric utilities from utilizing the federal ITC for solar electric projects, making the economics attractive enough to stimulate utility investments.
