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Solar Rooftop Program Pays Off

LOS ANGELES-According to new research conducted at the UCLA Luskin Center for Innovation, Los Angeles' FiT 100 program will provide 100 megawatts of clean power to the city by 2015.

By Kelsi Maree Borland | Updated on February 21, 2014

LOS ANGELES-New research from the UCLA Luskin Center for Innovation shows that Los Angeles’ solar power rooftop program is meeting the city’s ambitious goals. The FiT program allows commercial real estate owners to sell clean energy obtained through rooftop solar panels to the LADWP. The study shows that these business will have generated and sold 100 megawatts of clean power for the city by 2015.

The cost of the clean power generated by rooftop solar panels on retail properties, warehouses and apartment complexes is $.15 per kilowatt hour, which is the lowest cost of any solar-power program in North America. Once these businesses sell the power to LADWP, both residential and business customers can use it. “Together the City of Los Angeles and the LABC have made great strides towards our efforts to reduce the City’s dependency on coal, moving away from centralized generation toward a more distributed model,” says L.A. City Councilmember Mitchell Englander. To date, the program has already generated 40 megawatts of clean power.

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