Friday, September 25, 2009

East Hampton Installing Solar

East Hampton is attempting to save more money on electricity. After the installation of a photovoltaic solar system on the Emergency Services building, East Hampton is preparing for a second installation. 

This installation is an addition to the solar system already in place. The final system will be 30 kW. It is being installed in 10 kW phases. This is because the rebates decrease as the system size increases. Installing 10 kW at a time maximizes the Long Island Power Authority solar rebates.

This installation will cost $63,197 with a $24,945 solar rebate. The first installation has produced 11.5 killwatts of power since it's installation in February. These systems power a 30,000 square foot building, which costs $90,000 a year in electricity.

The systems have a lifetime guarantee of 30 years and will save $100,000 over their lifetime. This is assuming energy rates go up 5% a year a year. Based on this, the system will pay for itself in 7-8 years.
East Hamption Installing Solar

Posted via web from richhesslersolar's posterous