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Report by Manhattan Borough President Stringer Supports Installation of Solar Panels

Manhattan Borough President Scott M. Stringer issued a report this week which concludes that the installation of solar panels on the roofs of New York City public schools could produce thousands of new jobs, and clean energy for the City. "Solar energy installations and public schools are a perfect match," said Stringer. "This is an idea whose time has come--a cost-effective, sensible program that will create jobs, lower energy bills and save tax dollars for decades to come."

Using the City University of New York's NYC Solar Map, Stringer developed new data claiming these installations could host 169.46 megawatts of clean, renewable electricity and eliminate 76,696 tons of carbon from the air each year. In the report he says his plan will increase solar capacity in the five boroughs by over 2,600 percent. The plan also claims that solar installations on New York's City's public school roofs could create an estimated 5,423 green collar jobs and help boost growth of the green economy for decades to come. Stringer said the key to the solar plan is Power Purchase Agreements, which enable private vendors to use renewable energy credits to install and maintain solar panels in exchange for a portion of future savings.

The report also calls for the State to pass the "Solar Jobs Act," currently pending before the Legislature. There are two versions of this measure, both of which would establish a system of renewable energy credits and require utilities and energy service companies to enter into long-term contracts to purchase solar energy for customers. Stinger's report claims that the legislation would cost an estimated thirty-nine cents per month to New York ratepayers. The investor owned utilities have issued a memo in opposition asserting that the legislation will actually cost New York State's electric customers $2-$22 billion depending on which bill is adopted.

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