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Monday, July 16, 2012

For Downtown Taunton property owner, solar panels pay off Read more: http://www.tauntongazette.com/news/x1425378654/For-Downtown-Taunton-property-owner-solar-panels-pay-off#ixzz20nvxz7hO

A year and a half ago DeSantis installed dozens of photovoltaic panels, designed to convert sunlight into electricity, on the roofs of both properties.

The initial investment was significant, more than $60,000 for the Taunton Green building alone. But he says state and federal renewable-energy rebates and tax credits have enabled him to recoup as much as half.

He says he used to pay Taunton Municipal Lighting Plant up to $300 a month for electricity at 1 Taunton Green. Now he generates a surplus each month.

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