DTE’s SolarCurrents program hits $1M mark
DTE Energy’s SolarCurrents program is hitting significant milestones, meaning more solar panels going up all over Metro Detroit.The program, which started in September, has provided more than $1 million to customers who want to help cut the costs of installing solar panels. That means 55 installations worth about 250 kilowatts of renewable electric capacity. Another 200 applications under review would add another 1,300 kilowatts.”We have dedicated $25 million toward SolarCurrents,” says Scott Simons, a spokesman for DTE Energy. “There is a lot of opportunity for our customers to take advantage of it.”The idea behind the program is to make these systems more affordable for customers and to help DTE meet Michigan’s new Renewable Portfolio Standard. Those taking advantage of the program receive 50 percent of both the value of the Renewable Energy Credits upon installation and the remaining RECs as a credit on their bills for the next 20 years. This program combined with federal tax credits and incentives covers more than half of the installation costs for solar panel systems. For more information, click here.Source: Scott Simons, spokesman for DTE EnergyWriter: Jon Zemke
DTE Energy’s SolarCurrents program is hitting significant milestones, meaning more solar panels going up all over Metro Detroit.
The program, which started in September, has provided more than $1 million to customers who want to help cut the costs of installing solar panels. That means 55 installations worth about 250 kilowatts of renewable electric capacity. Another 200 applications under review would add another 1,300 kilowatts.
“We have dedicated $25 million toward SolarCurrents,” says Scott Simons, a spokesman for DTE Energy. “There is a lot of opportunity for our customers to take advantage of it.”
The idea behind the program is to make these systems more affordable for customers and to help DTE meet Michigan’s new Renewable Portfolio Standard. Those taking advantage of the program receive 50 percent of both the value of the Renewable Energy Credits upon installation and the remaining RECs as a credit on their bills for the next 20 years.
This program combined with federal tax credits and incentives covers more than half of the installation costs for solar panel systems. For more information, click here.
Source: Scott Simons, spokesman for DTE Energy
Writer: Jon Zemke
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