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Posted by Industry News on Mar 27, 2013

Orlando, Florida is offering its residents the opportunity to back a community solar project in return for rates locked in for the next quarter century. The typical electricity bill in Orlando currently stands somewhere between 10 and 12 cents per kilowatt-hour. The community solar project is offering a rate of 13 cents per kilowatt-hour that is locked in for the next 25 years and offers the option of solar power to communities that wouldn't otherwise be able to invest in solar-- people who rent their homes or simply live in an area with too many trees. The Orlando Utilities Commission expects its solar array to generate about 540,000 kilowatt-hours per year. 

Read more at Greentech Media.

Topics: Industry News