Could saving money become the catalyst for more solar in Florida?
The City of Lake Wales, voted last week to apply for $500,000 from the Florida Renewable Energy and Energy Efficient Technology Projects Grant to install solar panels at the Lake Wales Fire Department, according to the Lake Wales News as part of other budget-saving measures voted upon by the Commission.
The panels are estimated to produce 10,640 kilowatts per month, significantly reducing the fire station’s power bills. Currently they use about 13,000 kilowatts per month, so the panels would provide approximately 81% of their power.
The grant would require a $71,000 match on cash and in-kind services.
It would take a year for the city to recapture an initial investment of $10,000 for the interconnect device, but after that the City estimated that the cost savings would be significant.
11.25.2008
WILL CITIES LOOK TO SOLAR TO SAVE MONEY?
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