Solar generating excitement, savings for local developers and businesses


Solar generating excitement, savings for local developers and businesses


The project will be the first of its kind in the state and has been a dream for Matt Neumann, chief executive officer of Neumann Cos., since he founded SunVest Solar Inc. in 2009 and began experimenting with the idea of a net zero home.

The hesitation was affordability, Neumann said. But what used to cost upward of $75,000 per house to add solar panels can now be done for about $12,000 to $15,000 per house.

That added cost can result in a higher mortgage payment of about $50 per month, but the savings in energy costs for the homeowners are expected to be about $100 per month, Neumann said...

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- - Volume: 6 - WEEK: 14 Date: 4/2/2018 8:19:41 AM -