Taxpayers pay for 75% ($150,000) of solar installation so car wash owner can save 40% on his electric bill.
“Nevels embarked on the projects after winning federal and state grants totaling about $100,000.
One grant came from the U.S. Department of Agriculture’s Rural Energy for America Program; the other, from the Illinois Department of Commerce and Economic Opportunity.
He also expects to get a $50,000 federal tax credit for the project. So his own investment in the approximately $200,000 project will end up being about $50,000, he said.