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Cavendish, Vt Considers Solar
Views: 485
Jul 19 2014 02:30 PM | eds in Solar Power
Voters in the town of Cavendish will be asked next month,
. . . whether the community should borrow up to
. . . $450,000 for a 625 solar-panel municipal solar farm,
. . . which would pay for itself and save tax money.
"It makes a great deal of sense to do it ourselves,
. . . with competent contractors and bond financing.
We own everything and get all the benefits, and
. . . there's a positive cash flow right from the start,"
. . . said Richard Svec, town manager and energy coordinator.
Supporters say, it would decrease the roughly
. . . $40,000 yearly cost of powering the
. . . . . . municipal office,
. . . . . . trash transfer station and
. . . . . . water and sewer departments by up to
. . . $35,000 in its first year.
The savings are expected to continue through the life of the bond.
Taxpayers would have to cover each year an estimated
. . . $30,000 bond payment for 20 years, and ongoing
. . . $670 insurance premium and
. . . $636 state tax.
07-19-2014 Source: Cavendish, VT considers Solar
. . . whether the community should borrow up to
. . . $450,000 for a 625 solar-panel municipal solar farm,
. . . which would pay for itself and save tax money.
"It makes a great deal of sense to do it ourselves,
. . . with competent contractors and bond financing.
We own everything and get all the benefits, and
. . . there's a positive cash flow right from the start,"
. . . said Richard Svec, town manager and energy coordinator.
Supporters say, it would decrease the roughly
. . . $40,000 yearly cost of powering the
. . . . . . municipal office,
. . . . . . trash transfer station and
. . . . . . water and sewer departments by up to
. . . $35,000 in its first year.
The savings are expected to continue through the life of the bond.
Taxpayers would have to cover each year an estimated
. . . $30,000 bond payment for 20 years, and ongoing
. . . $670 insurance premium and
. . . $636 state tax.
07-19-2014 Source: Cavendish, VT considers Solar
