Verizon Triples Solar Energy With $40 Million Investment

[WhiteTara]

http://www.businessweek.com/news/2014-08-25/verizon-triples-solar-energy-with-40-million-investment

Verizon Communications Inc. (VZ:US), the largest U.S. wireless carrier, is investing almost $40 million to triple its use of solar energy this year.

SunPower Corp. (SPWR:US) will install 10.2 megawatts of solar power at eight Verizon sites in New York, California, Maryland, Massachusetts and New Jersey, the New York-based telecommunications company said today in a statement.

The New York-based company invested $100 million last year for about five megawatts of solar capacity and 10 megawatts of fuel cells that were installed at six sites. The new capacity will give Verizon the most solar-generating capacity of any U.S. telecommunications company, according to the Washington-based trade group Solar Energy Industries Association.
snip
“They’re seeing the benefits of it financially,” Wenger said. “The Fortune 500 companies we talk to like Verizon are really trying to add value for their shareholders and that’s what solar does.”

This is good news. When industry sees the financial benefit, residential can't be far behind.

[latebloomer]

1. Good news

Almost makes me second-guess my decision to get rid of their overpriced, customer-unfriendly services.

[WhiteTara]

2. Nah, you made the right choice, but so did they! nt