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EAGLE POINT SOLAR: Difference between revisions

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[[Image:EAGLE POINT SOLAR-EAGLE POINT ELECTRIC.jpg|left|thumb|350px|Photo in 2011.]]EAGLE POINT SOLAR.  Located at 923 Peru Road, the company had its grand opening in 2010. The 2013 commercial address listed the company at 1600 Amelia Circle.
[[Image:EAGLE POINT SOLAR-EAGLE POINT ELECTRIC.jpg|left|thumb|350px|Photo in 2011.]]EAGLE POINT SOLAR.  Located at 923 Peru Road, the company had its grand opening in 2010. The 2013 commercial address listed the company at 1600 Amelia Circle.


In 2013 the company announced plans to build Iowa's largest array of solar panels, tripling the size of what is now the state's biggest solar setup. Eagle Point Solar entered into an agreement with Farmers Electric Cooperative which would buy power produced from about 2,000 panels that will cover five to seven acres near Kalona. The co-op, which has about 640 customers, will take ownership of the solar farm after ten years. The operation was expected to eventually produce annually nearly 1 million kilowatt hours of energy. (1)
In March 2013, an Iowa district court ruling had the potential of being a “landmark decision” for solar development in the state. The Iowa Utility Board had prohibited Eagle Point from selling electricity to Dubuque from the rooftop installation. The utility board ruling came after the local utility, [[ALLIANT ENERGY]], had protested to the Dubuque City Council in 2011 that the then-in-the-works project violated their exclusive right to provide electricity to the city.
 
The utility argued that Eagle Point would be acting as a utility and encroaching on Alliant’s monopoly territory by selling electricity from its panels to power the building. The Utility Board agreed with Alliant in a March 2012 ruling.
 
The Polk County District Court, however, found that Eagle Point would not be acting as a utility, so the company can sign what is known as a third-party power purchase agreement (PPA) with Dubuque to sell the city electricity from the panels, which are owned by an investor and managed by Eagle Point.
 
Experts considered the ruling critical to the development of solar installations on city buildings, universities, churches, hospitals and other non-profit institutions in Iowa.
Non-profit institutions can not take advantage of the tax breaks considered essential to making solar economical for many property owners. However, a for-profit solar developer could install panels on a non-profit institution’s property, collect the tax benefits and recover its costs with a profit by selling electricity directly to the institution. (1)
 
The Utility Board appealed the district court decision and the Iowa Supreme Court agreed to hear the case. (2)
 
In 2013 the company announced plans to build Iowa's largest array of solar panels, tripling the size of what is now the state's biggest solar setup. Eagle Point Solar entered into an agreement with Farmers Electric Cooperative which would buy power produced from about 2,000 panels that will cover five to seven acres near Kalona. The co-op, which has about 640 customers, will take ownership of the solar farm after ten years. The operation was expected to eventually produce annually nearly 1 million kilowatt hours of energy. (3)


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Source:  


"Dubuque Company to Build State's Largest Solar Array," KWWL.com, December 5, 2013. Online: http://www.kwwl.com/story/24148438/2013/12/05/dubuque-company-to-build-states-largest-solar-array
1. Lydersen, Kari. "Court Sides with Iowa Solar Installer," Midwest Energy News, April 12, 2013. Online: http://www.midwestenergynews.com/2013/04/12/court-sides-with-iowa-solar-installer-in-dispute-with-utility/
 
2. Murphy, Erin. "Dubuque Company Will Build Largest Solar Panel Array in Iowa," Telegraph Herald, December 4, 2013. Online: http://www.thonline.com/news/tri-state/article_27a4aa84-5d40-11e3-b6b9-0019bb30f31a.html
 
3. "Dubuque Company to Build State's Largest Solar Array," KWWL.com, December 5, 2013. Online: http://www.kwwl.com/story/24148438/2013/12/05/dubuque-company-to-build-states-largest-solar-array


[[Category: Sustainability]]
[[Category: Sustainability]]

Revision as of 03:55, 10 December 2013

Photo in 2011.

EAGLE POINT SOLAR. Located at 923 Peru Road, the company had its grand opening in 2010. The 2013 commercial address listed the company at 1600 Amelia Circle.

In March 2013, an Iowa district court ruling had the potential of being a “landmark decision” for solar development in the state. The Iowa Utility Board had prohibited Eagle Point from selling electricity to Dubuque from the rooftop installation. The utility board ruling came after the local utility, ALLIANT ENERGY, had protested to the Dubuque City Council in 2011 that the then-in-the-works project violated their exclusive right to provide electricity to the city.

The utility argued that Eagle Point would be acting as a utility and encroaching on Alliant’s monopoly territory by selling electricity from its panels to power the building. The Utility Board agreed with Alliant in a March 2012 ruling.

The Polk County District Court, however, found that Eagle Point would not be acting as a utility, so the company can sign what is known as a third-party power purchase agreement (PPA) with Dubuque to sell the city electricity from the panels, which are owned by an investor and managed by Eagle Point.

Experts considered the ruling critical to the development of solar installations on city buildings, universities, churches, hospitals and other non-profit institutions in Iowa. Non-profit institutions can not take advantage of the tax breaks considered essential to making solar economical for many property owners. However, a for-profit solar developer could install panels on a non-profit institution’s property, collect the tax benefits and recover its costs with a profit by selling electricity directly to the institution. (1)

The Utility Board appealed the district court decision and the Iowa Supreme Court agreed to hear the case. (2)

In 2013 the company announced plans to build Iowa's largest array of solar panels, tripling the size of what is now the state's biggest solar setup. Eagle Point Solar entered into an agreement with Farmers Electric Cooperative which would buy power produced from about 2,000 panels that will cover five to seven acres near Kalona. The co-op, which has about 640 customers, will take ownership of the solar farm after ten years. The operation was expected to eventually produce annually nearly 1 million kilowatt hours of energy. (3)

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Source:

1. Lydersen, Kari. "Court Sides with Iowa Solar Installer," Midwest Energy News, April 12, 2013. Online: http://www.midwestenergynews.com/2013/04/12/court-sides-with-iowa-solar-installer-in-dispute-with-utility/

2. Murphy, Erin. "Dubuque Company Will Build Largest Solar Panel Array in Iowa," Telegraph Herald, December 4, 2013. Online: http://www.thonline.com/news/tri-state/article_27a4aa84-5d40-11e3-b6b9-0019bb30f31a.html

3. "Dubuque Company to Build State's Largest Solar Array," KWWL.com, December 5, 2013. Online: http://www.kwwl.com/story/24148438/2013/12/05/dubuque-company-to-build-states-largest-solar-array