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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Oil crash only a foretaste of what awaits energy industry
LONDON - The oil-price crash of March 2020 will probably not last long. As in 2014, when the oil price dropped below $50 from $110 in a few weeks, this one will trigger a temporary collapse of the US shale industry. Unless the coronavirus outbreak causes Armageddon, cheap oil will also support policymakers’ efforts to help the global economy.
But there will be at least one important and lasting difference this time round — and it has major market and geopolitical implications.
The oil price crash is a foretaste of where the whole energy sector was going anyway — and that is…
