board announced new financial solutions. Nathan Green COO, reports
"The greatest importance to making solar energy available is
financing. This is putting the cookies on the bottom shelf." GSS has
partnered with Clean Power Finance to provide low interest rates to
qualified buyers. Virgil Green, CEO, said "Clean Power Finance
offers the lowest Green Loan rates anywhere in the US. Buyers can
get 6.5 -6.99% financing on 15 year unsecured loans." Whether you're
concerned about global warming, rising utility costs, the economy,
or foreign policy, Greens Solar Solutions can help you save money
while making a difference.
Oncor Launches Solar Photovoltaic Incentive Program to Support
Solar Industry, Create Jobs and Save Energy
Today, Oncor officially launched its first solar power initiative,
the Take A Load Off, TexasSM Solar Photovoltaic Incentive Program
(Solar PV Program), to encourage expansion of solar energy in Texas,
create new jobs for experienced installation experts, and make solar
systems more accessible.
Oncor's Solar PV Program offers cash incentives to qualified
homeowners, businesses and governments to add solar photovoltaic
power systems. Oncor expects to install about 1,400 new solar
systems through this $16 million, four-year program. Only homes,
businesses and government buildings served by Oncor are eligible for
the incentive program.
"The Take A Load Off, TexasSM, Solar PV Incentive Program is an
exciting and innovative project, the first of its kind for Oncor.
With so much interest in the solar power industry at the state and
national level, Oncor's Solar PV Program is the right idea at the
right time, " said Michael Stockard, Oncor'sDirector of Energy
Oncor will pay an incentive of $2.46 per DC watt up to a maximum of
$24,600 for each residential installation and up to $246,000 for all
other installations. Most residential solar panel projects range
from 1 to 10 kilowatts, while business and government installations
may receive incentives for projects up to 100 kilowatts. Larger
installations will be considered.
Oncor's Solar PV Program is one of 12 new programs Oncor plans to
offer this year to promote renewable energy and encourage energy
efficiency. With the implementation of these new programs, Oncor
will administer a total of 31 programs that encourage energy
efficiency. As a result, Oncor will operate one of the largest
energy efficiency initiatives sponsored by a regulated utility in
"Oncor is committed to helping consumers find creative ways to save
energy, protect the environment and reduce emissions," Stockard
said. "Consumers and businesses are interested in solar power and
want to learn more. The Solar PV Program will help consumers
understand the benefits of installing and operating a solar PV
In November 2008, the Texas Renewable Energy Industries Association
honored Oncor for its leadership in developing the Solar PV Program
for the Texas market. For more information on Solar PV and other
Oncor energy efficiency programs, visit
or call 1.866.728.3674.
* * *
Oncor Electric Delivery Company LLC is a regulated electric
distribution and transmission business that uses superior asset
management skills to provide reliable electricity delivery to
consumers. Oncor operates the largest distribution and transmission
system in Texas, delivering power to 3 million electric delivery
points over more than 102,000 miles of distribution and 14,000 miles
of transmission lines. While Oncor is owned by a limited number of
investors (including majority owner, Energy Future Holdings Corp.),
Oncor is managed by its Board of Directors, which is comprised of a
majority of independent directors.
Clean, Dependable Solar Energy for Your Commercial, Residential,
Industrial, and Agriculture needs.