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APS Reports Says Solar Will Reduce Fuel, Transmission & Operating Costs by $3 Billion

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Positive Proof from APS that Solar Saves Money

Want to see some positive proof from APS, Arizona's largest utility company, that solar would save utility companies a lot of money that could be passed onto ratepayers?

Every person in Arizona should download and read the following R.W. Beck research report. You will be surprised at how much utility companies have studied solar power. You will also be shocked to see how much money solar would save the utility company when deployed in sufficient numbers.

The R.W. Beck research study was filed with the Arizona Corporation Commission by Arizona's largest utility company, APS, back on January 29, 2009 and shows from a utility company's perspective precisely how and where solar should be installed to save ratepayers $3 billion.

The report is 219 pages. To save time only read the Executive Summary and Section 6 - Developing a Winning Business Case for Solar Deployment. You'll discover that not only does APS believe in solar, but they want to be allowed to enter the solar installation business.

What Does this Graph Show?

The graph above details the cost savings that would be achieved by solar power installations. Solar would save APS more than $3 billion on fuel, purchased power, line losses, fixed O&M, power generation, transmission and distribution savings over the next 15 years.

This graph shows that for every 500,000 megawatt hours of solar energy produced, the utility company will save $50 million. Unlike expensive coal or gas, which can only be burned once and never provides a return on investment, solar panels are guaranteed to produce free electricity for a minimum of 25 years, but most solar panels will produce electricity for 30 to 40 years.

A one-time investment in solar panels produces costs savings that will be compounded on a year-to-year basis over their 25-year lifecycle. (see the graph above)

In the first year, the graph shows that producing 250,000 solar megawatt hours would lead to $25 million in savings. The second year if the same amount of money is invested in solar, it will produce $25 million from the first investment and $25 million more from the second investment for a compounded savings of $50 million. The third year will produce $75 million of savings and so on through the year 2025. The total savings accrued by 2025 amounts to $3 billion.

If solar can provide this much money in solar powered savings, it makes you wonder why utility companies keep raising our electricity rates. Instead, utilities should be offering ratepayers more solar rebates, and reducing everyone's electricity bill.

This is precisely why Arizona needs to implement a $12,000 solar tax credit and require the utility companies to buy the SRECs from the state of Arizona. It will drive the cost of electricity down to affordable rates for everyone and create tens of thousands of jobs for the solar installation industry.

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Your Donations Help Us Pay for Voter Signature Collection

To get the "Go Solar in Arizona" Economic Development initiative on the Arizona 2012 ballot we need to collect a minimum of 172,800 signatures. To collect these signatures, we have signed a contract with a professional Arizona petition signature firm that charges us $1.50 to help us gather signatures from valid registered voters.

Please help us raise enough money to pay for our signature collection drive. It costs us $1.50 per signature. Donating $15 helps us collect 10 signatures. Donating $30 helps us collect 20 signatures. Donating $1,500 helps us collect 1,000 signatures. The more money we can raise, the more signatures we can collect.

Please help us, help you save money on future electric bills!

If you don't have a job right now, please call 602-326-0940 to find out how to volunteer to help us collect signatures for the "Go Solar in Arizona" initiative.

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Find a "Go Solar in Arizona" signature collection table near you:

Ahwatukee, Anthem, Apache Junction, Avondale, Bisbee, Buckeye, Bullhead City, Casa Grande, Cave Creek, Chandler, Chino Valley, Clifton, Colorado City, Coolidge, Cornville, Cottonwood, Douglas, El Mirage, Flagstaff, Florence, Fort Huachuca, Fountain Hills, Gilbert, Glendale, Globe, Golden Valley, Goodyear, Green Valley, Higley, Holbrook, Kingman, Lake Havasu City, Laveen, Litchfield Park, Littlefield, Marana, Maricopa, Mesa, Nogales, Page, Paradise Valley, Parker, Payson, Peoria, Phoenix, Prescott, Prescott Valley, Queen Creek, Safford, Sahuarita, San Manuel, Scottsdale, Sedona, Showlow, Sierra Vista, St. Johns, Sun City, Sun City West, Surprise, Tempe, Tolleson, Tuba City, Tucson, Vail, Wickenburg, Window Rock, Winslow, Yuma, and other cities and towns through out Arizona.

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