Mike Mahmoudi, owner of the 32-room New Sun Gate Motel on South Federal Highway in Lake Worth, is pleased that he invested $115,000 in a 40.2 kilowatt rooftop solar system that generates power whenever the sun is shining.
“My electric bill was expensive. It’s saving me some money, and I helped create jobs. I feel good. My property value will go up, and I get a federal income tax break,” Mahmoudi said.
Since Fort Lauderdale-based Advance Solar & Spa installed the 120 commercial LG 72-cell solar panels, at 335 watts each in April, Mahmoudi estimates he is saving $800 to $1,000 a month in electricity costs. Plus, guests at the New Sun Gate have also made favorable comments about Mahmoudi’s decision to use solar power. [read full article]