Affordable Housing in Cali Goes Solar With Solar Electrical Systems
- Mar 30, 2010
Irvine, Calif.–Solar Electrical Systems of Westlake Village, Calif., recently installed a solar electrical system on the Irvine Inn, an affordable housing apartment building in Orange County, Calif.
The Irvine Inn is Southern California’s first affordable housing project to go solar as part of the California Solar Initiative’s MASH (Multifamily Affordable Solar Housing) program.
Irvine Inn’s owners were quick to see the advantages of investing in solar. The solar electrical system reduces or eliminates electric bills for the owner and tenants, keeping rents the lowest in the county. Rebates and tax incentives offset 82 percent of the cost, with the $585,000 project costing less than $105,000 out-of-pocket. The system pays for itself in six years, provides another 30-40 years of fixed electrical costs for the owners, and results in over $5 Million in savings over its lifetime.
Due to Solar Electrical Systems’ extensive experience in rebate application, interconnection approvals, and solar design and installation, the project finished ahead of schedule and has started saving the owners money immediately.