The Union Recorder

Local News

April 1, 2013

Community solar bill offers different business model

(Continued)

MILLEDGEVILLE —

The financial model got its kick-start earlier this month in Dublin.

Greenavations assisted development of a soon to be built 1.1 Megawatt solar PV system spread over Dublin High School. This is the first one in the state utilizing a third party lease model. 

Tax revenue bonds front the school's solar array.

Green said people want the open access, and that national attention is swinging as other's await the outcome of HB 657.

“If you compare the financial model that we've put together to all other mechanisms of funding solar in the world today, this one is a far more economical and a higher performing model than any of the others. It moves us to the forefront. As goes Georgia will go the rest of the South,” the solar advocate said.

Georgia Power is still gathering intel on the new legislation, while the company said it's focused on the Georgia Power Advanced Solar Initiative (GPASI) already approved by the PSC.

Company spokesman John Kraft said the GPASI offers one of the largest voluntary solar generation resources nationally.

“There are already rules in place about buying back power, so that's why we are trying to understand what this bill is proposing to do,” Kraft said. “We were not consulted in the drafting of this bill, so we are also trying to understand what the proposed measure would require, how it would work, and determine risks or benefits for our customers.”

The bill opens solar installation competition for companies like Dublin's MAGE Solar. Also, no individual loses the right to solar under its provisions.

Private investors can't come in and start building utility companies. Protecting the power grid is paramount.

“The grid is the biggest machine in the world. You have to take care of it. You don't want investors coming in and taking that money off to stick in their pockets,” Green said.

Text Only
Local News
Poll
AP Video
The Carbon Trap: US Exports Global Warming UN Security Council Calls for Gaza Cease-fire Traditional African Dishes Teach Healthy Eating 13 Struck by Lightning on Calif. Beach Baseball Hall of Famers Inducted Israel, Hamas Trade Fire Despite Truce in Gaza Italy's Nibali Set to Win First Tour De France Raw: Shipwrecked Concordia Completes Last Voyage Raw: Sea Turtle Hatchlings Emerge From Nest Raw: Massive Dust Storm Covers Phoenix 12-hour Cease-fire in Gaza Fighting Begins Raw: Bolivian Dancers Attempt to Break Record Raw: Israel, Palestine Supporters Rally in US Raw: Air Algerie Flight 5017 Wreckage Virginia Governor Tours Tornado Aftermath Judge Faces Heat Over Offer to Help Migrant Kids Kangaroo Goes Missing in Oklahoma More M17 Bodies Return, Sanctions on Russia Grow Raw: Deadly Tornado Hits Virginia Campground Ohio State Marching Band Chief Fired After Probe
Facebook
Twitter Updates
Follow us on twitter
Parade
Magazine

Click HERE to read all your Parade favorites including Hollywood Wire, Celebrity interviews and photo galleries, Food recipes and cooking tips, Games and lots more.
Stocks
NDN Video
Big Weekend For Atlanta Braves In Cooperstown - @TheBuzzeronFox Chapter Two: Becoming a first-time director What's Got Jack Black Freaking Out at Comic-Con? Doctors Remove 232 Teeth From Teen's Mouth Bradley Cooper Explains His Voice in 'Guardians of the Galaxy' Deja vu: Another NYPD officer choke-holding a suspect 'Fifty Shades of Grey': Watch the Super Sexy First Trailer Now! Reports: Ravens RB Ray Rice Suspended For 1st 2 Games Of The Season Air Algerie plane with 119 on board missing over Mali Diamond Stone, Malik Newman, Josh Jackson and others showcase talent Free Arturo - The World's Saddest Polar Bear A Look Back at Batman On Film Through The Years LeBron James -- Dropped $2k On Cupcake Apology ... Proceeds To Benefit Charity Snoop Dogg Says He Smoked Weed at the White House Raw: Fight Breaks Out in Ukraine Parliament Chris Pratt Interrupts Interview To French Braid Intern's Hair Shirtless Super Mario Balotelli Dances While Ironing - @TheBuzzeronFOX Whoa! Watch "Housewives" Star Do the Unthinkable LeBron apologizes to neighbors with cupcakes Justin Bieber In Calvin Klein Underwear Shoot