Wednesday, August 06, 2008

BP Solar/Shea Homes Team Up For Free Solar

BP Solar has inked a deal with Shea Homes, a massive California homebuilder and construction company, to be the exclusive provider of solar technolgy for Shea's "Trilogy" division which caters to retirees.

Each home will come equipped with 3KW of generation capacity which will remove 18 tons of CO2 emissions over a ten year period. But the companies are not pushing solar just for its environmental appeal. A joint press release notes:

"The BP Solar Home Solutions(R) systems are estimated to reduce the homes' electric bills by up to 60% per home, in addition to the approximately 30% energy usage reduction Trilogy homes already achieve with the Shea Green Certified(TM) standards for home building. Each home will be equipped with a 3-kilowatt solar power system, which helps provide security against electric rate increases, allowing consumers to hedge their future risks in the volatile energy markets."