For millions of NJ residents, solar power is coming soon to their neighborhoods – even to the utility poles in their backyards.
In a move both bold and expensive, state regulators approved a plan for PSE&G to install solar panels on 200,000 utility poles in its service territory- making NJ the nation’s second-most solar fueled state, trailing only California.
They will spend $515 million to install 80 megawatts of solar power through the end of 2013, doubling the state’s solar capacity. Half the new production will be derived from individual solar modules mounted on about a quarter of PSE&G’s 900,000 utility poles.
PSE&G’s initiative will have a very minor impact on rates- adding about 10 cents per month for a residential customer in the first year, a 0.13% increase.
http://www.philly.com/philly/business/20090730_PSE_G_plan_takes_solar_energy_public.html
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