Thursday, May 10, 2012

Solar Installers Offer Homeowners Deals, Gaining Converts -

Diane Cardwell
May 9, 2012

The structure of the deals varies by company and state, but the overall approach is generally the same: Customers agree to pay a fixed monthly charge or rate for all the solar power produced, and the companies that finance the systems pay for the installation and take the value of any tax breaks or renewable energy credits for which the customer would ordinarily be eligible. Some companies concentrate on financing and use local contractors for sales and installation, while others do everything themselves.

Wednesday, May 9, 2012

SCANA Falls From Fortune 500

Staff Report, May 9, 2012
"Energy provider SCANA Corp., headquartered in Cayce, has fallen from the Fortune 500 list of the largest U.S. companies based on last year’s revenue.

It was the first time that SCANA, which last year was ranked No. 483, had failed to make the list since 2001."

'via Blog this'

Sunday, May 6, 2012

Duke Energy earnings fall on construction costs - Business -

 Jonathan Fahey, Associated Press
NEW YORK — Duke Energy Corp. says its net income fell 42 percent in the first quarter because of cost overruns at a coal plant under construction in Indiana.
The company said its underlying earnings grew slightly, though, despite a warm winter that reduced electric power demand and earnings at electric utilities nationwide. Duke’s earnings were boosted by higher electric rates in the Carolinas, reduced costs, and higher power sales and rates in Brazil.

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