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Solar Programs Can Provide $60,000 A Year For Industrial Owners

SAN DIEGO-Major California utilities are working with solar-energy providers to generate solar power from industrial roofs, giving owners a cost-free revenue stream on top of rental income.

By Carrie Rossenfeld | Updated on June 18, 2012

SAN DIEGO-Wholesale Distributed Generation rooftop photovoltaic installation may not yet be a household term, but it’s a fast-growing solar-energy procurement program that can provide industrial property owners between $40,000 and $60,000 a year of extra income at no cost to the landlord whatsoever. Major California utilities have implemented programs focused on WDG, which involves property owners renting their unused rooftop space to solar-energy companies for the installation of solar-energy systems. The companies in turn sell the generated power to the utilities and, in exchange for the rooftop space, landlords get a significant break on their energy bills.

Local company Borrego Solar Systems develops photovoltaic projects for the utility companies’ new program and is the first developer to successfully complete two operable installations under this new program, which utility companies SDG&E and Southern California Edison began a couple of years ago, Brian von Moos, director of utility project development at Borrego Solar, tells GlobeSt.com.

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