What's Hot: Friendship Heights Food Hall Could Open This Month | Summer Ready With Quick Move-In Homes at Brookland Grove
Georgetown Students Make Neighborhood Solar One House At A Time
A group of students at Georgetown are going door to door in DC’s oldest neighborhood in the hopes of convincing area homeowners to transition to solar power.
Members of Georgetown Energy
According to GreenDCDaily, Georgetown Energy, a student-run group, has been organizing community meetings and talking to area homeowners about the benefits of solar power. Their goal is to have 40 Georgetown homes go solar by May 2011, and so far four residents have begun solar installations and 14 others are strongly considering the switch, according to GreenDCDaily.
While the future of the Earth is certainly on their minds, Georgetown Energy’s focus seems to be on cost savings, noting that the DC, Federal and Solar Renewable Energy Credits (SRECs) can help recoup 90 percent of the solar costs. Also, by ordering equipment through Georgetown Energy, homeowners can save 3 percent of the gross cost.
UrbanTurf reader Matt Latham laid out the cost structure for the his 2.6 kW solar roof system for a recent UrbanTurf Reader Asks. Below are the calculations:
- Total Cost: $20,000
- Fed Credit: $6,000
- DC Grant: $8,500
- Net System Cost: $5,500
- 20 Year Internal Rate of Return: 18%
- Payback: 4 years
- Additional improvement value: $8,500
- Georgetown: History, Hoyas and H&M
- What Effect Will Adding Solar Panels Have on the Value of My Home?
See other articles related to: georgetown, green dc realty, green real estate dc, solar power
This article originally published at https://dc.urbanturf.com/articles/blog/georgetown_students_make_neighborhood_solar_one_house_at_a_time/2480.
Most Popular... This Week • Last 30 Days • Ever
A look at the larger residential developments in the works from Cardozo to Mount Vern... read »
The Heights, a ten-stall food hall that is taking over the spaces formerly occupied b... read »
A piece of legislation quietly introduced in the House of Representatives earlier thi... read »
The backlash over backyard pool rentals; the "housing matchmaker"; and the townhouse ... read »
Developer EYA and the Washington Metropolitan Area Transit Authority will go before D... read »
Virginia's homebuyer assistance programs can seem complex. This edition of First-Time... read »
The residential projects that have sprouted up on the Maryland and DC sides of the Fr... read »
With a groundbreaking ceremony on Wednesday, the redevelopment of the Georgetown Wes... read »
The 23,600 square-foot mansion just hit the market, and would set a record if it fetc... read »
The immaculately kept 100-year-old house features six bedrooms and four-and-a-half ba... read »
With this weekend's DC houseboat tour a day away, UrbanTurf thought it only fitting t... read »
President Obama travels to Denver this morning to sign the stimulus bill that has bee... read »
In this week's installment of Ask An Agent, a reader wonders if there is a rule for h... read »
As The Wharf prepares to begin construction, DC's houseboat community heads to its ne... read »
In this week's installment of Ask An Agent, a reader asks a fairly common question th... read »
- First-Timer Primer: Virginia's Home Buyer Assistance Programs
- Mall Conversions, Trader Joes? The 1,500 Units in the Friendship Heights Pipeline
- The Four Seasons Private Residences in Georgetown Break Ground
- DC's Blaine Mansion Lists For $30 Million, A Potentially Record-Setting Price in the City
- Now Selling: A 16th Street Heights Victorian on an Island of Its Own
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Visit guides.urbanturf.com or start browsing below!
Intro guides for first-time home buyers
Awesome and unusual real estate from across the DC Metro