Friday, May 25, 2007

MV Voice Article Summarizes Success to Date

In today's issue of the Mountain View Voice, an article by Daniel DeBolt summarizes the success the Buyers Group has had to date and suggests that businesses may jump on board in the last week of the program just as homeowners did at the end of April. The link to the article is at this URL and the full article follows:

Bulk-rate solar offered to local firms
Larry's Autoworks and others expected to join by month's end
by Daniel DeBolt

While the strong support from homeowners to purchase solar energy systems has made the headlines recently, there is also a program for businesses that will end May 31.

"Federal tax credits are even juicier for commercial users," said Bruce Karney, the local resident who recently organized the 117-home group buy with Solar City.

After all federal rebates and grants are factored in, Solar City says, a system worth $574,000 would cost just $133,000. Larry Moore of Larry's Autoworks said his system would cost about $300,000 before rebates, but added that it would quickly pay for itself because the shop's electrical bill is $1,800 a month.

"We're an environmental shop," Moore said. "We are the ones who started the whole environmental shop movement several years ago. Secondly it looks like in a few years we would actually lower our electric bill — we would actually be selling power to PG&E."

Karney said that unfortunately many businesses lease or rent their property, which means the long-term investment makes little sense for them.

According to Solar City, several businesses have expressed interest in purchasing up to 72 kilowatts of solar panels. If the homebuyers program is any indication, the company might see a surge of businesses sign up before the May 31 deadline.

Solar buyers group reaches 118 homes
Recent developments have caused the electrical meters at several Mountain View homes to run backwards.

Bruce Karney is one resident happily afflicted with the problem. When his solar panels were switched on two weeks ago it was a cause for celebration. Last month he managed to convince 118 home owners (double his goal) in Mountain View to muster about $15,000 each for a bulk rate on home solar panels. All 118 systems will be up and running soon, producing 345 kilowatts of energy from the sun and preventing tons of carbon dioxide emissions yearly — 5,300 tons over the panels' 30-year lifespan to be exact. It's the equivalent to taking 1,000 cars off the road for a year, Karney said.

"I couldn't be happier with the way the program has happened in Mountain View," Karney said. "By the end of the year over 2 percent of single-family homes in Mountain View will be solar. I think that's great — to go from a really unusual thing to [a situation] where almost every home owner will know someone with a solar system."

Significant federal and state tax breaks for solar panels are expected to slowly decrease over the next few years, which is what may have motivated many of the homeowners to participate in the Solar City group buy. Karney said that in total participants saved $690,000 when figured against standard prices for solar panels. Karney expects that his system will pay for itself in 15 years.

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