Berkeley moves ahead with solar-financing program
The city council approved a new tax district that residents can join to finance solar energy systems through their property taxes.
Under the plan, the city will provide money for installation and material costs, which homeowners would pay back at a fixed rate over 20 years.
Residents would pay about $180 a month through their property tax bills for a typical $22,000 solar-electric system, but they should eventually recoup the money through lower electricity costs.
Next, Berkeley officials will select a lender to provide financing for the program. The city also plans to start holding workshops for interested homeowners.
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OEB issues decision on Hydro One's first combined T&D rates application
TORONTO - The Ontario Energy Board (OEB) issued its Decision and Order on an application filed by Hydro One Networks Inc. (Hydro One) on August 5, 2021 seeking approval for changes to the rates it charges for electricity transmission and distribution, beginning January 1, 2023 and for each subsequent year through to December 31, 2027.
The proceeding resulted in the filing of a settlement proposal that the OEB has now approved after concluding that it is in the public interest.
The negotiated reductions in Hydro One's transmission and distribution revenue requirements over the 2023 to 2027 period total $482.7 million compared to…
