0830 GMT [Dow Jones] DOE hands out $87 million in solar power R&D and development funds, mainly to U.S. research centers and colleges, but Pinnacle West Capital Corp. (PNW) unit Arizona Public Service gets $3.3 million and Exelon Corp. (EXC) unit Commonwealth Edison gets $5 million for solar-panel deployment projects. APS will build and study impact on distribution system of 1.5 megawatts of distributed solar-panel generation. ComEd of Chicago will evaluate consumer reaction to smart meters and price signals with solar panels, without solar panels and with both solar panels and energy storage. (cassandra.sweet@dowjones.com)

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