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DTE Energy looks for participants for SolarCurrents program
Thursday, April 8, 2010
| Source:
metromode
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Solar power might not seem like the obvious alternative energy play in precipitation-happy Michigan, but it's one DTE Energy is going for with its SolarCurrents program.
The Detroit-based utility is looking for businesses and educational institutions with large rooftops or ground area to host solar energy installations. The idea is to help DTE meet Michigan's new Renewable Portfolio Standard while lowering energy bills.
"We do realize that solar might not be economically viable today in Michigan, but it may become so in the future," says Irene Dimitry, director of renewable energy for
DTE
. "There are reasons we are investing solar."
She adds that the costs of solar have been dropping recently thanks to a combination of increased competition, rising economies of scale, and a reduction in the price of materials. Dimitry also points out that Germany generates 3.5 percent of its energy from solar, and that country is not as solar friendly as Michigan.
"They are frequently referred to as one of the success stories," Dimitry says.
DTE hopes to harness photovoltaic systems on customer rooftops or property so it can generate 15 megawatts of renewable energy in Southeast Michigan over the next five years. It plans to invest $100 million in the program.
SolarCurrents
requires customers to participate for 20 years. The solar energy systems will be owned, installed, operated, and maintained by the utility. In return, customers will get an annual credit on their energy bill based on the system size, as well as a one-time, upfront construction payment to cover any inconvenience during installation.
DTE is accepting applications until April 29. Interested participants should own a facility with 15,000 square feet of unobstructed roof in good condition or a similarly sized area on the ground.
So far 150 applications have been received. Of those, 80 percent have been from residential properties.
Source: Irene Dimitry, director of renewable energy for DTE Energy
Writer: Jon Zemke
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