Comments on: Duke Energy to Spend $100M on Solar Rooftops

By: SunEdison Lands Deal for 259 MW PV on Mall Roofs « Earth2Tech

SunEdison Lands Deal for 259 MW PV on Mall Roofs « Earth2Tech — Thu, 08 Jan 2009 21:00:31 +0000

[...] week’s announcement comes on the heels of a major blow dealt by regulators to Duke Energy and its North Carolina solar rooftop program, which could put [...]

By: Regulators Slam Duke’s Solar Funding Plan | Eco Friendly Mag

Regulators Slam Duke’s Solar Funding Plan | Eco Friendly Mag — Wed, 07 Jan 2009 22:11:35 +0000

[...] is not the first glitch for Duke’s solar rooftop project. It initially envisioned a $100 million, 20-megawatt program, but was forced cut the project by half, Dow Jones reports, [...]

By: California’s Largest Solar Roof To Power Up « Earth2Tech

California’s Largest Solar Roof To Power Up « Earth2Tech — Mon, 01 Dec 2008 18:01:57 +0000

[...] Today’s milestone follows some not-so-great news out of North Carolina in October, where a similar rooftop solar program was cut in half by Duke Energy after that company was criticized by the state’s utility commission over issues of cost recovery. Duke now plans to spend $50 million to install 10 MW of solar panels in North Carolina, down from its original $100 million initiative. [...]

By: Duke Halves Solar Rooftop Plan to $50M | Eco Friendly Mag

Duke Halves Solar Rooftop Plan to $50M | Eco Friendly Mag — Fri, 24 Oct 2008 03:34:57 +0000

[...] Energy has decided to cut in half its $100 million distributed solar rooftop program after the utility was criticized during the permitting process by the Vote Solar Initiative and [...]

By: Duke Halves Solar Rooftop Plan to $50M

Duke Halves Solar Rooftop Plan to $50M — Fri, 24 Oct 2008 02:21:55 +0000

[...] Energy has decided to cut in half its $100 million distributed solar rooftop program after the utility was criticized during the permitting process by the Vote Solar Initiative and [...]

By: Duke Halves Solar Rooftop Plan to $50M « Earth2Tech

Duke Halves Solar Rooftop Plan to $50M « Earth2Tech — Thu, 23 Oct 2008 23:55:48 +0000

[...] Posted October 23rd, 2008 at 4:55 pm in Energy Duke Energy has decided to cut in half its $100 million distributed solar rooftop program after the utility was criticized during the permitting process by the Vote Solar Initiative and [...]

By: Duke: Calling All Solar Companies, $100M Roof Project « Earth2Tech

Duke: Calling All Solar Companies, $100M Roof Project « Earth2Tech — Thu, 04 Sep 2008 23:30:17 +0000

[...] 4th, 2008 at 4:30 pm in Energy Duke Energy is calling on solar companies to bid on its planned $100 million distributed rooftop solar project in North Carolina. The power company says interested parties can check out this section of their [...]

By: SunEdison + Duke = Largest Solar PV Farm in U.S. « Earth2Tech

SunEdison + Duke = Largest Solar PV Farm in U.S. « Earth2Tech — Thu, 22 May 2008 14:25:02 +0000

[...] is the second large photovoltaic deal from Duke Energy in the last month. Earlier Duke announced plans to invest $100 million in a distributed solar roof program whereby it would build and operate solar installations on residential and commercial [...]

By: Kristen L

Kristen L — Mon, 12 May 2008 23:13:22 +0000

From http://www.duke-energy.com/investors/publications/annual/ar-2006/letter/chairmans-letter.html:
“We anticipate annual capital expenditures of approximately $3.5 billion from 2007 through 2009 for expansion of our generation capacity, environmental retrofits, nuclear fuel, maintenance and other expenses. Included in this amount is expansion capital for:

Expanding generation in North Carolina
Planning a new cleaner-coal integrated gasification combined cycle (IGCC) plant in Indiana, and
Exploring the development of a new nuclear plant in South Carolina.”

For a company that is doing so well for its shareholders, $100 million worth of investment in solar seems quite conservative when compared to the $3.5 billion investment listed above. I would like to see a much larger commitment to renewables and far less to nuclear and coal.

By: The My Carbon Stash Blog | Green Notes - 12 May 08

The My Carbon Stash Blog | Green Notes - 12 May 08 — Mon, 12 May 2008 18:38:23 +0000

[...] $250 million dollar plan to install solar energy systems on commercial rooftops earlier this year. Duke’s plan to spend $100 million on its own solar generation, is good news for an energy company that generates 70 percent of its power from coal, making it the third-largest [...]