Bennington and developer move toward solar project

Posted at: 10/24/2012 11:37 AM
By: Associated Press

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BENNINGTON, Vt. (AP) - The Town of Bennington and a Vermont developer are taking another step toward installing a solar power facility on the site of a former landfill.
    
The Bennington select board agreed Monday to sign a letter of intent with Encore Redevelopment of Burlington that could lead to the construction of the solar power project.
    
The company had approached the town about the proposal two years ago, but at that time the finances didn't work out. Since then legislative changes and decreases in the price of solar panels make it feasible.
    
Town Manager Stuart A. Hurd tells the Bennington Banner the agreement between the town and Encore will enable the company to complete its financial analysis to make sure the finances add up.
    
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Information from: Bennington Banner, http://www.benningtonbanner.com

(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
 





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