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Austin Energy launches plan for solar energy panels on commercial rooftops
Thursday, November 21, 2024 by Beth Bond
Austin Energy is aiming to boost its renewable energy capacity this December by rolling out its Solar Standard Offer program – allowing commercial property owners to generate passive income either by hosting solar panels on their rooftops or leasing their roof space to third-party solar developers. “The energy produced will be sold to Austin Energy, feeding directly into the City’s growing renewable energy supply, helping to power thousands of local homes – including those of low-income residents through the Community Solar Program,” a news release from Austin Energy said. “If a business is leasing out its rooftop or parking lot space, there are no upfront costs for property owners. This means businesses can start to generate passive income immediately while simultaneously contributing to Austin’s sustainability goals.” The program will start with specialized training sessions for solar contractors. For more details on the compensation rates or how to apply to be a participating solar contractor, a system owner or a host, visit Austin Energy’s website.
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