In the largest purchase and deployment of solar power by a single entity in U.S. history, Kohl’s Corp. announced it will buy solar for most of its California department stores.
Kohl’s will purchase solar energy in a long term set price agreement from SunEdison, which will own, install and service the systems. Kohl’s electricity prices will drop as energy prices rise over the 20 year agreement.
62 out of the 80 Kohl’s stores in the state will get 2,340 solar panels on their roofs.
Kohl’s solar deployment represents about 15% of California’s installations to date. When complete, Kohl’s solar deployment will represent about 1% of California’s 10-year objective.
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