Tag Archives: SolarCity

Georgia Power starts selling rooftop solar tomorrow

For most of June, Georgia Power has had two ads rotating on the 300x225 Sunlight from Georgia Power, in Giving you the power to go solar, by Gretchen Quarterman, 10 June 2015 five LED billboards in Valdosta, saying

Giving you the power to go solar —Georgia Power

When? Tomorrow, July 1st, as Southern Company CEO Tom Fanning said at the SO Stockholder meeting 27 May 2015. Why then? Because that’s when HB 57, aka the Solar Power Free-Market Financing Act of 2015, goes into effect. As Tom Fanning has made his mantra since that meeting:

“If somebody wants to buy distributed generation, I want to sell it to ’em,”

Herman K. Trabish, Utility Dive, 11 June 2015 Inside Georgia Power’s move into the residential solar market: The utility says it will offer solar through an unregulated business, but installers fear possible anticompetitive impacts, Continue reading →

Most of June electric bill for overbudget nuke, yet the sun rises

While electric bills still are tilted against local solar generation 300x225 CWIP on electric bill, in Most of June electric bill for overbudget nuke, by Bret Wagenhorst, 11 June 2015 and Georgia Power continues to levy its stealth CWIP tax for its nuke boondoggle, yet solar power is rising this year on Southern Company and Georgia Power.

Bret Wagenhorst posted on facebook 9 June 2015:

I find it decidedly ironic that a large portion of my last month electric bill went toward paying for a nuclear power plant that is hundreds of millions of dollars over budget, and which will no doubt cost millions of dollars a year to run and to manage its potentially deadly waste. I wonder if the money spent on the nuclear plant were used to purchase rooftop solar panels for all certified energy efficient Georgian homes if we citizens might not be better off in the long run. Thoughts?

Look for Nuclear Construction Cost Recovery Rider on that bill: Continue reading →

Tesla announces prices for home battery

Power generation for both traditional electricity uses and transportation is changing.

Michael Liedtke and Jonathan Fahey wrote for AP and Inc. 1 May 2015, Elon Musk Unveils Tesla’s Ambitious New Home Battery System: “Our goal here is to fundamentally change the way the world uses energy,” Musk told reporters gathered in Hawthorne, California.

The batteries are likely to become more useful if, as expected, more utilities and regulators allow Continue reading →

Tesla opening market for home solar batteries

Elon Musk’s recent reminder that Tesla is working on a house-sized battery has caused quite a stir, but not enough. Tesla alone isn’t the significant part: Tesla opening a market for inexpensive home solar storage methods is. And not all those methods will be batteries: also coming are capacitors, organic vats, compressed air, and water pumped up towers, for storage to car- and house- size to municipal- and utility-scale, all of which will drive solar and wind deployment even faster.

John McDuling, QZ, 30 July 2014, How solar energy storage could make Tesla much more than an automaker,

How lucrative could the solar energy storage business be for Tesla? Almost as lucrative as selling cars.

That’s according to Morgan Stanley, which this week Continue reading →

A Win: Credit Suisse on SolarCity Buffalo deal

A big bank rave review of the Buffalo deal.

Claudia Assis wrote for MarketWatch 26 September 2014, SolarCity’s N.Y. factory deal ‘better than expected’,

SAN FRANCISCO (MarketWatch) — SolarCity Corp.’s solar-panel factory in upstate New York could allow the solar installer to reduce its costs and save about $400 million a year, analysts at Credit Suisse estimate.

SolarCity SCTY, -0.66% and New York struck a deal earlier this week, with the state announcing a $750 million package to build the solar-panel factory near Buffalo.

That deal “was significantly better than expected,” the Credit Suisse analysts said Continue reading →

SolarCity in Buffalo: 1,000 megawatts capacity, 3,000 jobs

Three times as many millios of dollars invested as expected, 3,000 jobs, and New York Governor Andrew Cuomo says “they could have gone anywhere on the planet”. They could have come here. They went to snowy Buffalo.

David Robinson wrote for Buffalo News 23 September 2014, ‘Historic day for Buffalo,’ Zemsky says of SolarCity RiverBend plans,

SolarCity’s planned factory in South Buffalo — and the 3,000 jobs that come with it — packs a powerful economic punch.

To be built on the former Republic Steel plant site in South Buffalo, the factory is expected to bring more new jobs to the region than the steel maker ever had in its heyday.

With the ability to make enough solar panels to generate more than 1,000 megawatts of electricity, the factory would be Continue reading →

Thousands of solar jobs a thousand miles north of here: SolarCity buys Silevo

An Economic Development Council in snowy Buffalo has landed a solar manufacturer with suddenly even deeper pockets, while our Industrial Authority didn’t even meet this month. Maybe instead of supporting an unnecessary fracked methane pipeline that diverts resources we could get on with real solar industry here in sunny south Georgia?

WIVB.com wrote yesterday, Purchase of company coming to Buffalo could be boon for WNY,

Silevo, a company that had planned to set up shop at Buffalo’s Riverbend site, has been bought out by SolarCity, and the plan could mean thousands of jobs for Western New York.

Silevo is Continue reading →

Solar panels in Stow, Massachusetts

In snowy Massachusetts you can finance a solar system with little money down and complete payoff in 11 years. Get the Georgia legislature to pass HB 874 and we’ll be able to do this in sunny Georgia, too.

Used with permission from howeowner Carl Howe. -jsq

People seem interested so I’ll share details of our solar installation in Stow, MA.

Full disclosure: I know the president of our solar installation firm socially (he’s a friend of a friend of ours), and like many solar installers, they do pay referral fees if others sign up based on a recommendation from an existing customer. Should anyone decide to do business with our installer, New England Clean Energy, please mention my name.

We used New England Clean Energy from Hudson MA. I believe that they are one of, if not the, highest quality installer in our area. They have more than 300+ installations in MA and NH. Of course, SolarCity and others are also in the region, Continue reading →

SO’s plan to make the Southeast a net exporter of the energy from solar and wind? –John S. Quarterman @ SO 2013-05-22

SO CEO Tom Fanning didn’t budge from nuclear and coal, but he did announce a tiger team to get on top of distributed solar and wind through a smart grid, headed by SO’s COO, at the 22 May 2013 Southern Company Stockholder Meeting.

Next question --Tom Fanning Mr. John S. Quarterman from Lowndes County, Georgia, and he holds 220 shares of Southern Company.

TF: Hello, John. Good to see you again this year.

jsq with SO fade jsq: Hi. I’ve come to compliment Tom Fanning and Paul Bowers. Last year, Tom Fanning was so persuasive I ran out and bought $10,000 worth of stock.

TF: Bless you. [Applause]

However, apparently because of SO’s admission a few minutes before in that same meeting that it was going to have to eat Kemper Coal cost overruns, SO stock tanked that same day, causing my stock to stop out, and Standard & Poor’s downgraded SO the following day because of Kemper Coal, noting that if the same thing happened with SO’s nuclear project at Plant Vogtle, S&P’s would probably Continue reading →

Privatize TVA? Southern Company would like that

The hydropower assets of the Tennessee Valley Authority would give Southern Company a way to avoid doing distributed solar for a while. Will SO CEO Tom Fanning and Georgia Power CEO Paul Bowers bit the bullet and go straight for distributed solar instead of helping Duke privatize TVA for a short-term stopgap that would set both of them farther behind the disruptive solar curve?

SolarCity and Southern Company stock
Blue line: SCTY; red line: SO, chart by Google Finance.
May 16th: Goldman Sachs invested $500 million in SCTY.
May 22nd: SO stockholder meeting.
May 24th: S&P downgrades SO.

Wes Patoka wrote for Motley Fool 24 May 2013, Who Benefits the Most if the TVA Is Privatized,

Continue reading →