In only 4 days, Berea Municipal Utilities (BMU), Kentucky, sold all 60 available solar leases for the first-phase of the Berea Solar Farm. The first-phase of the Berea Solar Farm enabled customers to lease up to two 235-watt solar panels over a 25-year period, for one-time fee of $750 per panel. Customers will receive a credit of $3.19 per watt for the electricity generated by their panels each billing period.

The success of the first-phase of the Berea Solar Farm led BMU to offer a second-phase solar farm, which has already sold 35 solar panel leases. As of November 30, 2011 lease agreement pre-payment opportunities for the second solar farm are no longer being accepted.

News Release - Berea Solar Farm

News Release - Berea Solar Farm Pre-Payment Ends

Additional Information - Berea, Kentucky's first community solar farm sells out in four days, second phase closes

Contact: Joyce, 859-986-4391

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.