Tuesday, July 22, 2014

Saving $$$ Solar Energy Project

New solar energy project at Utah Olympic Oval will save $$$
July 21 2014 - A new solar energy project at the Utah Olympic Oval announced Monday is expected to shave about $100,000 off the speedskating facility's annual $750,000 power bill.

Much of the $1.4 million cost of the solar paneled canopies being installed above parking spaces is being paid for through a $564,000 grant from Rocky Mountain Power and $200,000 from Salt Lake County.

"We know it can't only be us looking at keeping the facility going," said Colin Hilton, president and CEO of the Utah Olympic Legacy Foundation responsible for maintaining 2002 Winter Games competition sites.

Hilton said the project will help extend the life of the foundation's endowment, established with profits from the 2002 Olympics, by reducing the subsidy needed by the oval. read more>>>


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