May 18, 2012
Dominion Virginia Power is proposing an incentive to encourage customers to install solar panels and sell the electricity to company.
The proposal was outlined Thursday in a filing with the State Corporation Commission. Dominion is seeking regulators' approval to buy solar-generated power from residential and small commercial customers at 15 cents per kilowatt-hour for a five-year demonstration period.
The demonstration project would be limited to a total of 3 megawatts, or 3,000 kilowatts. The typical residential solar installation in the company's Virginia service area is 4 kilowatt hours.
The proposed rate is designed to pay a premium to customers who generate electricity with solar power to defray installation costs.
The comments sections of Newsplex.com are designed for thoughtful, intelligent conversation and debate. We want to hear from our viewers, but we only ask that you use your best judgment. E-mail is required, but will not be displayed with comment.
As a host Newsplex.com welcomes a wide spectrum of opinions. However this is a site that we host. We have a responsibility to all our readers to try to keep our comment section fair and decent. For that reason The Newsplex reserves the right to not post or to remove any comment.
If you have any ideas to improve the conversation or this section let us know. Send an e-mail to firstname.lastname@example.org.
powered by Disqus