Duke Energy plans $100M investment in solar

[jpak]

http://www.mlive.com/business/ambizdaily/bizjournals/index.ssf?/base/abd-4/1210574404303150.xml

Duke Energy Carolinas is ramping up plans to generate some of its own renewable energy, with the company primarily warming up to solar power.

That will include a $100 million investment in rooftop solar energy, a program that will involve working with commercial and even residential customers.

Duke has been considering its options on owning alternative energy capacity or buying it. Chief Executive Jim Rogers says the corporation has decided its utilities will do both.

"As a utility company, we build, operate and dispatch solar power," he says.

<moe>

[Traditional Liberal]

1. Well let's hope they do better than that

Concentrated Solar Power would work best, and you don't need rooftops to do it. There's so much land in the southeast, and plenty of sun.