The largest privately owned solar array is now going up on top of a Tenleytown building owned by Paul Burman at 4435 Wisconsin Ave., NW. Burman hired Seven Seas Energy LLC to develop the project that will produce an estimated 50,000 kilowatt hours of solar energy each year.
Teris Pantazes, founder of Seven Seas Energy, said the project carries an up-front price tag of about $220,000. But tax credits and grants reduce it to less than $100,000, he said, with an annual energy cost savings of about $20,000. Work should be completed in April.
Teris Pantazes, founder of Seven Seas Energy, said the project carries an up-front price tag of about $220,000. But tax credits and grants reduce it to less than $100,000, he said, with an annual energy cost savings of about $20,000. Work should be completed in April.
"What's unique about this job," Pantazes said, "is this is the largest system where an owner of a building has stepped up and said I like this so much I'm going to pay for this solar array myself."
Paul Burman, president of Burman Properties Inc., will have the largest private solar array in the city. There are, however, larger non-private solar arrays. For example, Pantazes said American University has one that was built under an agreement with a private investor who funded the project and sells energy to the school.
Paul Burman, president of Burman Properties Inc., will have the largest private solar array in the city. There are, however, larger non-private solar arrays. For example, Pantazes said American University has one that was built under an agreement with a private investor who funded the project and sells energy to the school.
Pantazes said there are some unique challenges to building more than six stories at nearly the highest point in the city. In addition to getting permission from the zoning commission to build on top of the building's fifth floor along Wisconsin Avenue, high winds required a strong, steel structure.
The building, which stretches in an L shape from Albemarle Street to Wisconsin Avenue, houses a variety of tenants including Hot Yoga and Mattress Warehouse.
Burman said he wanted to switch to solar power in the interest of using alternative energy sources and as an investment in his property, his first attempt at using solar energy.
"I felt it would be a good thing to do at this time with all the problems the country has," Burman said. "I'm hoping this will be an example to other commercial building owners, and they'll come over and decide they're willing to try it, too."
Correction:
Due to a source error, this article incorrectly identifies the solar array under construction above Wisconsin Avenue as the largest privately owned solar array in the city. Carol Chatham of William C. Smith & Company confirmed that the solar array on the company’s Sheridan Station building is privately owned and three times as large as the Tenleytown project. We apologize for the error.
Washington D.C. real estate development news
0 comments:
Post a Comment