Kennedy Farms Case Study
Type: 20.12kw grid tied roof mount
Date: Installed 06/07/2017
Location: Poultry farm in Tattnall County, GA
Benefits: 4-year ROI
Reap Grant Recipient
Early in the fall of 2016, Winton Lee Kennedy, a poultry and row crop farm- er in Tattnall County, decided to explore the possibility of implementing and using solar power on his two-house poultry farm in Glennville, GA. With the guidance and assistance of Coastal Solar Power Company in Hinesville, GA., Mr. Kennedy entered into an agreement for Coastal Solar to design and install a solar array system that would mitigate between 65%-70% of his annual utility costs.
To help offset the cost of the proposed system, Coastal Solar assisted Mr. Kennedy in applying for a REAP Grant from the U.S. Department of Agriculture. This 25% grant, along with the 30% Federal Investment Tax Credit (ITC), would offset the cost of the proposed system by 55%, making for a very favorable Internal Rate of Return. Along with the MACRS Accelerated Depreciation Schedule for businesses, Mr. Kennedy’s pay-back time was estimated to be between 3-4 years.
Unfortunately, Mrs. Kennedy was diagnosed with serious health issues. The large amount of impend- ing medical bills associated with her illness made it impossible for the Kennedys to proceed. Coastal Solar assured the Kennedys that they would assist in any and every way possible, regardless of the amount of time involved. They stayed in contact with the USDA regarding the grant application and in the spring of 2017, the Kennedys were awarded a UDSA Grant.
The installation of the solar array system was completed in June of 2017. The Kennedys have enjoyed a significant reduction in their utility costs since June and was so impressed with the professional manner in which Coastal Solar assisted them, both professionally and personally, that they referred Coastal Solar to Mrs. Kennedy’s sister and brother- in-law, Anne and Richard Hanck.
Coastal Solar stands ready to assist you on the exciting and rewarding adventure of implementing and using solar power on your residence, your business, and/or your agriculture endeavors.