Weymouth Business Saves Money By Installing Solar Panels

Kennedy Carpet in Weymouth presented their newly installed 104 kW solar photovoltaic system to the public on Thursday.

The PV system, which was installed in December, uses solar panels to convert sunlight into electricity and is not only saving the business money, but also generates income through the Massachusetts Solar Renewable Energy Credits Program, according to Munro Distributing Company, who installed the panels.

Jay Kennedy, owner of Kennedy Carpet said he installed the system to save money and he recommends other businesses to do the same.

By installing the panels, Kennedy receives a federal tax credit for up to five years.

“It’s just a business decision,” Kennedy said.  “You just have to play the hand that is dealt to you.”

Kennedy has also seen a decrease in his electric bill.  Last month is was reduced by $400 because of the sunny weather.

“I didn’t install it because I’m a green guy, “ Kennedy said. “It’s because I’m a business man.”

Steve Walker, a Clean Energy Executive with Munro Distributing said the panels can be installed on any type of roof, whether it’s a house roof, rubber, flat or metal. He said the installation does not penetrate the roof and will save people money in the long run.

“For businesses who are interested in pursuing solar, it’s an excellent opportunity in the state of Massachusetts,” he said. “The enhance revenue streams set up by the state are creating paybacks in as little as three to four years for businesses.”

The panels will reduce an electric bill by an average of 13-15 cents per kW hour, according to Walker

To see how the panels work, check out the attached video.