Description
Medford: Making its debut in February 1999, the Medford Solar Project is a joint effort of the Massachusetts Electric Co. (MECo) and Ascension Technologies. It allows MECo Customers in Medford, with south-facing, asphalt-shingled roofs, to put one of two PV systems on their homes and business for half the usual installation price. The first PV system costs $1400 (or $30 a month for 4 years) and is a one panel system that generates 365 kWh/year. The second system includes two PV panels at a price of $2800 (or $60 a month for 4 years) and generates 730 kWh/year or about 5% of total household consumption and saves the consumer about $73 a year on the bill. An added benefit of the PV systems is that each system cuts down on the emissions of carbon dioxide and greenhouse gases because customers are using less energy from the regional grid. Participants are also eligible for the renewable energy tax credits offered by the state.
As of September 2002, ______ residents and businesses have taken advantage of the project.
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