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U.S. Senator Bernie Saunders (I-VT) has introduced a Bill to the Senate that would help homeowners to slash the cost of installing solar panels. The 10 Million Solar Roofs Act of 2008 will offer rebates for up to half the cost of installing solar photovoltaic systems, and run for ten years. A wide range of people and organizations, including homeowners, businesses, non-profit organizations, state and local governments will be eligible to apply.
The Bill will be formally introduced when the Senate [...]
By Carol Gulyas •
June 18, 2008
Giving a new meaning to the term “sun roof”, Atlantic City’s Convention Center will install solar photovoltaic (PV) modules on 290,000 square feet of roof space, saving a projected $4.4 million over 20 years, according to the New Jersey Star-Ledger. In a groundbreaking economic arrangement, Pepco Energy Services, a subsidiary of Pepco Holdings, will pay to have the solar panels installed, and the Convention Center will then buy back the electricity from Pepco. The installation will provide a quarter of the energy consumed by the convention center. The Solar Energy Industry Association (SEIA) says the installation will be the largest in the U.S. on one roof.
“Jeffrey Vasser, executive director of the Atlantic City Convention & Visitors Authority, said the group began planning a solar project a few years ago when Gov. Jon S. Corzine pushed for greater use of sun and wind power in New Jersey.
‘We have a great building to do this on, and we wanted to be the first kid on the block to get in on it,’ Vasser said. This helps a young industry grow into a mature one, helps reduce our dependence on oil, and produces electricity that does not increase carbon emissions into the air,’ he said of the multi million-dollar project.”
