Michigan utility DTE Energy (NYSE: DTE) is conducting a pilot program for customer-owned solar, known as SolarCurrents. The program enables both residential and commercial solar projects in the state.
The SolarCurrents pilot program allows DTE Energy electric customers to purchase and install solar PV systems at their home or business by offering financial incentives to help offset out-of-pocket costs. In return, DTE Energy receives the Renewable Energy Credits (RECs) from the projects. The RECs help DTE meet the state’s Renewable Energy Standard, which requires Michigan electric providers to achieve a retail supply portfolio that includes at least 10% renewable energy by 2015.
DTE Energy announced this week that it has selected 84 new solar projects for inclusion in Phase 2 of its SolarCurrents program.
Phase 2 of the SolarCurrents pilot program offered an additional 2 MW of solar PV projects for interested customers, to add to the original 5 MW for Phase 1.
A total of 74 residential projects, representing 616 kW and ranging in size from 1 to 20 kW, will be offered incentives as part of Phase 2. These projects will be built in 10 counties in Southeastern Michigan.
An additional 10 non-residential projects, representing 157 kW, will be built in six counties in Southeastern Michigan. These projects range in size from 5 to 20 kW. All applications for non-residential projects were accepted into the program.
An additional 46 residential projects, representing 357 kW, were selected for a backup queue, to ensure that DTE Energy will meet the 2 MW capacity target for Phase 2 of the program. DTE’s previous experience with the program has shown that many of the projects in the backup queue will be invited into the program because of project dropouts.
DTE Energy expects all 84 of the newly selected projects to be completed by September 2015.
This final group of solar projects will bring the SolarCurrents customer-owned pilot program to a total of 846 projects, representing 7 MW, from both program phases.