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Solar Panel Project Aims To Make Lakes Country Greener - Valley News Live - KVLY/KXJB - Fargo/Grand Forks

Solar Panel Project Aims To Make Lakes Country Greener

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"Going Solar" is saving some Pelican Rapids, Minnesota resident's money. They're taking part in an energy-efficient project spearheaded by Lake Region Electric Cooperative.

So far of the 96 panels available the company has sold 46. The solar panels were made in Minnesota.

"We wanted to build the array ourselves," says VP Marketing & Communications Dan Husted, "when we sell the panels we're selling our own capitalized labor and expense and that's a benefit to the rate payers."

Each panel will provide about 588kWh a year, a home could use about 10,000kWh a year on average, but homeowners could be making a deal when buying a $1,500 panel.

"So they are able to lock in their price for approximately 588kwh per year, for 20 years." Husted says.

Don't know if you will stay in the area for that long?  LREC says no problem.

"The ownership of the panel can be transferred or sold. Somebody could leave it to their children, they could sell it to their neighbor, they could donate it to their church." Husted adds.

 A solar panel investment would be paid off after 18 years, but the co-op says home owners would see the energy credit monthly on their bill.

"They get the benefit of a very good price, there's a certain economy a scale when you do a larger array. And our rate payers benefit because they were reimbursed for the cost of labor equipment design and engineering that we put into it." Husted says.

A clean way to use energy and help save some green.

Those in otter-tail county can purchase anywhere from one half up to 10 solar panels. To find out more information click here.

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