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2015.03.16 CC PowerPoint Community Solar Garden
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2015.03.16 CC PowerPoint Community Solar Garden
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2/16/2017 4:08:21 PM
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City Council
Document Type
PowerPoint Presentation
Meeting Date
3/16/2015
Meeting Type
Regular
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How it works: <br />1) Subscribers sign up for a 25 year period with a fixed <br />electrical rate <br />• (Average electrical rates historically increase 2-4% on <br />average per year) <br />2) SolarStone produces energy <br />3) Xcel pays SolarStone for this energy <br />4) SolarStone sends subscribers their electrical usage <br />5) Subscribers pay Solarstone a lower rate per KW/h <br />than Public Utilities generally charge <br />6) Xcel sends subscribers bill credit <br />
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