Vermont Electric Cooperative has begun what the governor is calling the biggest utility-owned solar project in the state.
The Next Generation Solar Project will create five megawatts of renewable energy. Construction is scheduled to begin in 2015 and will cost $10 million.
VEC's investment in solar comes as the utility has stopped accepting customers in its net metering program -- where utilities pay small wind and solar generators for the electricity they pump into the power grid. VEC CEO Dave Hallquist says this is way for all of their customers to benefit from renewable energy.
"This means more VEC members, like renters or customers with shaded rooftops or any others with some dwelling constraints, will be able to support and enjoy the benefits of net metering through this collaborative community project," Hallquist said.
Customers who aren't able to install solar panels on their homes will be able to buy into this project. The co-op has not yet chosen the location for the solar array, which could cover 20 to 30 acres.
Friday, April 18 2014 10:13 PM EDT2014-04-19 02:13:23 GMT
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