Duke Energy Seeking Bids For Solar Program

Duke Energy Carolinas, a subsidiary of Duke Energy Corp (NYSE: DUK) is seeking bids from solar power companies to supply solar panels, electrical equipment and installation services as part of the utility’s proposed $100 million North Carolina solar plan.

Starting in early 2009, Duke Energy wants to install electricity-generating photovoltaic solar panels at up to 850 North Carolina sites, including homes, schools, office buildings, shopping malls, warehouses and large manufacturing facilities–both on roofs and on the ground. Electricity generated through the program would total at least 16 megawatts (MW)–enough to power 2,600 homes.

Duke Energy would own and, through contractors, install and maintain the solar panels. The utility also would own the electricity generated, which would be sent to the electrical grid that serves all customers. The company would compensate homeowners, businesses and other entities that offer their roofs or land for the program, based on the size of the installation and amount of electricity generated at any given location.

Duke Energy will begin installations in early 2009, contingent on regulatory approval. The company proposes to complete all installations by late 2010.

Duke Energy will contract with one or more companies that specialize in solar technology to supply and install the necessary materials and equipment at all sites.

Further details about Duke Energy Bid Details are available online.

 

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