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You are here: Home / OPPD customers will soon be able to buy shares of solar power

OPPD customers will soon be able to buy shares of solar power

Omaha Public Power District customers will soon be able to support the local production and use of solar power — at a cost.OPPD as early as next year will start selling shares of solar power to customers interested in using more renewable power, including those who lack the means to buy or lease their own solar panels.A residential customer who buys five shares of solar power, for example, could bring enough solar power onto the OPPD grid to offset about half of a home’s monthly electricity usage. The utility designed each share of solar power to represent roughly 10 percent of the electricity that an average residential customer uses each month. More than two-thirds of OPPD customers contacted for recent market research said they would consider the program, and support stayed strong even when higher prices were tested. Sign-ups in other cities have trailed public interest before the programs were unveiled.An OPPD estimate showed that residential solar program participants could pay roughly $2 more a month per share of solar, based on today’s power prices. But those costs would fluctuate based on regional market rates for solar power and expected costs of the power purchase agreement.Participating residential customers would sign… Read full this story

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OPPD customers will soon be able to buy shares of solar power have 341 words, post on www.omaha.com at April 10, 2018. This is cached page on Vietnam Art News. If you want remove this page, please contact us.

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