New Solar Installation Shines In Los Angeles |
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Los Angeles City Officials came together recently to celebrate the completion of a new solar installation in the center of the city. The Walter J Towers Project, on Wilshire Boulevard, includes 1,135 photovoltaic panels elevated above the buildings parking lot. The solar canopy project is estimated to decrease the building’s energy costs by as much as 30 percent.
Kristy Hessman | EarthTechling | Published: 09/12/2011 08:23
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Mayor Antonio Villaraigosa touted LA’s efforts in provding incentives to businesses who invest in renewable energy sources. The Walter J project will be eligible for more than $475,000 in rebates through the Los Angeles Department of Water and Power’s (LADWP) Solar Incentive Program. That program was actually placed on hold in April because demand was higher than the available budget, but the Department started accepting new applications this month. To encourage more solar adoption, the city has increased the budget for incentive payments to $60 million in the current fiscal year and anticiptes adding more money in follwing years.
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