02 Apr 08 Rooftop Real Estate in San Bernardino

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Yes! Rooftop real estate! Southern California Edison plans to install solar panels on the roofs of commercial buildings in the Inland Empire region. The plan is to reduce energy costs and greenhouse gas emissions by installing 250 megawatts worth of solar panels that will generate enough energy to power an estimated 162,000 homes. But first, the $875 million project will need considerable funding to get underway; which will be partially paid for by increased utility rates.

Upon the leasing of building owner’s rooftops, Edison will contract for the installation of the solar panels and retain ownership. When the system is fully operational, it is expected to reduce fossil fuel use during peak utility use; which is during the day when the sun is shining the brightest. The project is yet to be officially approved, however most expect California regulators to do so in the near future.

To read more into Edison’s distribution energy plan and Governor Schwarzenegger’s views, visit the Green Wombat by clicking here.

Tags: governor schwarzenegger, greenhouse gas, inland empire, rooftop real estate, san bernardino, southern california edison