Tennessee family installs large solar system
LightWave Solar Electric said it installed the 16.5-kilowatt photovoltaic system for Steve and Doris Denton at their home just west of Somerville in Fayette County.
The company said the Tennessee Valley Authority will contract with the Dentons to purchase their solar-generated electricity. TVA will pay them about twice the price that most Tennessee residents pay for their utility-generated power.
The Dentons will be first in line to use their own solar power, and any excess production beyond their usage will flow out onto the utility lines to be used by their neighbors. The TVA payment will show up as a credit on their utility bill.
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Hydro One shares jump 5.7 per cent after U.S. regulators reject $6.7B takeover
TORONTO - Opposition politicians may not like it but investors are applauding the rejection of Hydro One Ltd.'s $6.7-billion takeover of U.S.-based utility Avista Corp.
Shares in the power company controlled by the Ontario government closed at $21.53, up $1.16 or 5.7 per cent, on the Toronto Stock Exchange on Thursday.
On Wednesday, Washington State regulators said they would not allow Ontario's largest utility to buy Avista for fear the provincial government, which owns 47 per cent of Hydro One's shares, might meddle in Avista's operations.
Financial analysts had predicted investors would welcome the news because the deal, announced in July 2017, would…
