Holland Energy Fund (HEF), a nonprofit supporting the City of Holland’s Community Energy Plan, has launched a new program, the Holland On-Bill Loan Program.The program offers homeowners loans for energy-saving upgrades (including solar panels), ranging from $5,000 to $30,000 that can be repaid directly through their electric bill. The loan terms are 5 to 15 years with fixed interest rates starting at 4.99 percent. Click here for more information
DTE Energy Co. completed installation of the largest solar array in Ypsilanti, the Detroit-based utility announced Friday. It said the array will provide enough clean energy to power about 150 homes.
The array has 2,520 solar panels, enough panels to nearly cover Eastern Michigan University’s football field. Construction began in June and the array was commissioned in September.
“Increasing our solar energy capacity is part of our long-term plan to move toward a cleaner, more diversified energy portfolio,” Irene Dimitry, DTE Energy’s vice president of business and development, said in a news release. “We are also responding to customer interest in sourcing more energy from renewables.”
The Ypsilanti array is located at the intersection of Clark Road and River Street on approximately five acres of land owned by Highland Cemetery.
DTE is completing work on three additional large-scale solar arrays in Detroit and Lapeer, with expected completion next spring.
DTE estimates its investments in renewable energy since 2008 at $2 billion, with about $73 million in solar energy. DTE’s renewable energy portfolio includes 12 wind parks and 28 solar arrays in Michigan.