Monday, May 21, 2012

Conn. subsidies spur home solar power

Yesterday at 1:17 PM

The Associated Press

HARTFORD, Conn. — Dmitri Donskoy figures he'll save only $20 a month on his electricity bill after solar panels are installed on the roof of his home under a state-subsidized program. But he shrugs it off because the green energy appeals to his environmental concerns.

Donskoy, a software developer in Prospect, said he was motivated to go solar after Connecticut officials killed a wind turbine proposed for the town last year.

"It was partly sparked by my annoyance of the cancellation of the windmill project," he said. "There must be a way for us to contribute."

Installing solar panels could cost, on average, $35,000, according to a state energy agency spokesman. Donskoy says he's leasing because he doesn't have thousands of dollars to spend, instead paying a solar company $58 a month for his electricity.

"The savings didn't motivate me. It's really the environmental aspects," Donskoy said.

Solar energy is seen as one way to save in Connecticut, where residential electricity costs were the third highest in the United States in 2010, exceeded only by Hawaii and New York, according to the U.S. Department of Energy. Solar represents a fraction of the state's overall energy supply, but backers hope it will grow.

Connecticut ratepayers are subsidizing a state solar power initiative that has spent $2.5 million to install rooftop solar panels for 209 homes. At least one solar energy company has set up shop in Connecticut to scout for business.

On Friday, the Clean Energy Finance and Investment Authority announced it will spend $10 million for 5.6 megawatts of additional residential solar panels. 

Spokesman David Goldberg, said state subsidies represent about one-third of the total cost of solar panel installations. Homeowners and businesses pay $4.3 million to install or lease solar panels.

The goal is to generate up to 30 megawatts of residential solar power in 10 years — with a potential cost of $90 million. Goldberg says backers believe that can be achieved sooner.

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