Austin Energy Gets Earful About Rate Increases---

AUSTIN, TX: 1-13-12:

A large, one year electricity rate increase in Austin is a cautinary tale for analyzing methods to stabilize future energy cost increases. Installers/Developers should can inform commercial clients in particular about methods to safeguard their future Net Operating Income (NOI).

Of Note:

·         Austin Energy states they have not been able to raise base rates in 17 years, hence the large one year jump.

·         Churches would be re-classified as “commercial” for rates. Churches disagree due to time they draw power.

For more…

LINK: Read the Austin Business Journal story here:  

 

WATCH-NEWS VIDEO

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Could water, power woes threaten state's economy?

Dwindling supplies of water and electricity are imperiling the state's economic future, a Texas Senate committee was told Tuesday.

 

Although state officials predicted they could manage during 2012, both resources are intertwined and under pressure by natural or human constraints.

 

In the case of water, which cools generating plants, the problem is an ongoing drought. For electricity, the question is whether low retail prices are discouraging investment in future power plants.

 

That two-headed dilemma has state officials debating how much government can — or should — do in a deregulated market for electricity generation.

 

At stake are jobs.  ---Statesman Article here--

 

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Austin Energy Raises Fuel Charges

http://austin.ynn.com/content/top_stories/282187/austin-energy-increases-fuel-charge

Jim Young
512-565-7509
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First Solar Sells California Solar Farm to MidAmerican Energy - WSJ.com

First Solar Sells California Solar Farm to MidAmerican Energy - WSJ.com

http://online.wsj.com/article/SB10001424052970203413304577084171694555562.html

Jim Young
512-565-7509
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Solar Powered KB Homes Offer Big Savings Opportunity for Homebuyers

Solar Energy News: Solar Powered KB Homes Offer Big Savings Opportunity for Homebuyers

Read it online: http://www.esolarenergynews.com/2011/11/solar-powered-kb-homes-offer-big.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+blogspot%2FNrBn+%28Solar+Energy+News%29&m=1

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Jim Young
512-565-7509
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$1B-plus solar power project gets private funding

A California-based solar company announced Tuesday that it has lined up enough private financing to begin what it says will be the largest residential solar photovoltaic project in U.S. history -- powering as many as 120,000 military housing units.

 

SolarCity sought a loan guarantee last year from the U.S. Department of Energy to finance part of its five-year, $1 billion-plus plan to install, own and operate rooftop solar panels for privatized U.S. military housing communities nationwide. DOE offered a conditional commitment Sept. 7 but couldn't finalize the loan before its 1705 program expired Sept. 30. The DOE program has been scrutinized after lending a half-billion dollars to now bankrupt solar manufacturer Solyndra.

 

SolarCity, based in San Mateo, Calif., didn't give up. It continued to work with the Bank of America, Merrill Lynch to attract private investors for its SolarStrong project, receiving advice from equity firm US Renewables Group.

 

Link Here to Full Story:

 

Jim Young

President

Solar Capital Group, LLC

512-565-7509

Follow Us: facebook.com/solarcapitalgroup

News & Blog: http://solarcapitalgroup.blogspot.com

 

Georgia’s Largest Solar Canopy for Laredo Bus Facility

Solar Energy News: Suniva Powers Georgia's Largest Solar Canopy for Laredo Bus Facility

Read it online: http://www.esolarenergynews.com/2011/11/suniva-powers-georgias-largest-solar.html?utm_source=feedburner&utm_medium=twitter&utm_campaign=Feed%3A+blogspot%2FNrBn+%28Solar+Energy+News%29&m=1

Jim Young
512-565-7509
Sent from my iPhone
-pardon spelling-