The solar farm is part of the airport’s EcoProject, short for Enhanced Construction Opportunities Projects. These projects are part of the airport’s efforts to adopt environmentally friendly programs and meet its obligation to run as economically as possible by lowering energy costs. Between 2010 and 2018, $60 million will be invested in these capital improvement projects and the EcoProject programs are expected to deliver more than $300,000 in annual savings.
Installation of the 4,368 3-foot-by-6-foot photovoltaic panels was completed in October. The $2.5 million, ground-mount solar farm can generate enough electricity to power 1,000 homes. According to the airport’s Executive Director Dan Mann, the farm should be connected to the power grid by the end of May or June, pending completion of a study by the S.C. Electric & Gas Company.
According to airport documents, the airport will break even on the project in 10 years. After that, the airport would start making a profit and net about $1.8 million over 20 years.
This post contains excerpts from an article published by Columbia Regional Business Report. Read the full article here>>