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Schwarzenegger releases Solar Roofs bill.(INDUSTRY NEWS CURRENT HAPPENINGS AND EVENTS)(Brief Article)

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| April 01, 2005 | COPYRIGHT 2005 BNP Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SACRAMENTO -- Governor Schwarzenegger's office released details of the California Million Solar Roofs bill (SB1) on February 28th. The bill creates a tenyear incentive program to help Californians install one million solar electric rooftops on homes and businesses throughout the state over the next 13 years.

Earlier, the Vote Solar Initiative, a non-profit solar policy organization, released a new study that quantifies the value of on-peak solar power for California. The study found that the value of California's on-peak solar energy in 2005 ranges from 23.1 to 35.2 cents per kilowatt hour. Because solar energy systems produce electricity during peak demand periods, increased deployment of solar energy benefits all ratepayers by reducing the amount of expensive and polluting peak power that utilities must procure, trimming the state's reliance on ...

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