SunPower Corp. has dedicated a 584-kilowatt solar electric power system at the Hill Canyon Water Treatment Plant in Thousand Oaks, California on 14 May. The plant also installed a co-generation system and numerous energy efficiency upgrades. As a result of these measures, the city expects to save USD 100,000 in utility costs each year and estimates a reduction in carbon dioxide emissions of more than 10,000tns over the next 30 years, which is equivalent to planting 2820 acres of trees. MMA Renewable Ventures will finance, own, and operate the solar power system at the Hill Canyon Water Treatment Plant under the SunPower Access™ program, which allows SunPower customers to purchase solar-generated electricity from a SunPower financing partner as an alternative to outright purchase of the solar power systems. The city will pay MMA Renewable Ventures for the solar electricity generated over the next 20 years. At the end of the term, the city will have the option to renew the agreement, transfer the equipment to a new site, or purchase the system outright.