Louisville Gas and Electric's solar share program allows ratepayers to purchase a share of a large solar field and get a credit on their utility bills for the solar energy the share generates, WKYU-FM reports.
A study by Texas Advanced Energy Business Alliance identified two ways distributed energy resources can reduce costs: act as non-wires alternatives to avoid investment in tranmission and distribution ($2.45 billion over ten years), and decrease peak energy costs in the wholesale market which is worth $3.01 billion.
Last week as Texas’ ERCOT grid reached its price cap of $9,000 per megawatt-hour and the price map on ERCOT’s website became a solid and deep red, many energy market wonks highlighted that this is a feature, not a failure, of the market.
The city's municipal utility, the Tennessee Valley Authority's largest customer, has launched a study to explore whether it can save money by breaking away from TVA, possibly by developing or buying renewable energy sources like solar and wind.
A proposal making its way through the Iowa legislature would impose new monthly fees on homes and businesses that own solar power systems, adding years to the payoff period before customers' utility-bill savings would cover the cost of adding solar.
The Green New Deal that some Democrats are now championing is unlike anything this country has ever done before. But scientists have been studying policies like these for decades. And their research can tell us a bit about what might happen if we pass this sweeping new vision for climate action and economic equality.
Though still an industrial metropolis, Chicago is actively becoming a clean energy innovation hub for microgrids, electric cars and next generation battery research. But the startup momentum in the energy sector isn’t matched with enough venture capital enthusiasm.