Chevron plans solar panel installation
The sloping panels will be used to power the pumps and the pipelines operated at Chevron's Kern River oil field facility.
The panels represent latest photovoltaic technologies from seven companies that Chevron is looking at as possible candidates to power its operations worldwide.
Photovoltaic technology involves converting sunlight into electricity.
Excess power will be re-routed to the local Pacific Gas & Electric Co utility grid under a metering system that gives Chevron credit for the excess energy.
Chevron could not be immediately reached for comment by Reuters outside of regular U.S. business hours.
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Ontario tables legislation to lower electricity rates
TORONTO - Ontarians will see lowered hydro bills for the next 10 years, but will then pay higher costs for the following 20 years, under new legislation tabled Thursday.
Ten weeks after announcing its plan to lower hydro bills, the Liberal government introduced legislation to lower time-of-use rates, take the cost of low-income and rural support programs off bills, and introduce new social programs.
It will lower time-of-use rates by removing from bills a portion of the global adjustment, a charge consumers pay for above-market rates to power producers. For the next 10 years, a new entity overseen by Ontario Power Generation…
