CITY OF OCONOMOWOC – About half of the condo units at Eagles Landing on Lac La Belle will get most if not all of their power from solar energy, according to the developer.
Mark Neumann, the developer of Eagles Landing, announced on Aug. 14 the condo development will include a solar energy system that will be capable of providing 60 to 100 percent of the energy needs of 10 condo units in the building, depending on the energy use habits of the condo owners.
Neumann said one buyer has already shown interest in the system, which will cost about $8,500 per unit and be capable of recouping about $1,020 per year in energy savings. Neumann also said his own condo unit will be hooked up to the system.
“I don’t think there’s any issue at all selling the 10,” he said. “I think more people will want it then we’re able to provide.”
Neumann said the amount of power the system will provide was limited by the amount of roof space available for solar panels.
Construction on Eagles Landing began in June with the demolition of the former Spinnakers Lakeside Dining, 128 W. Wisconsin. Residents are expected to begin moving into the five-story, 21-unit building in Summer 2018.
The development will also house a first-floor restaurant and space for the American Legion Post 91, which formerly used space in Spinnakers.
The solar power system will be installed by Pewaukee-based Sunvest Solar Inc., which was founded in 2009 by Neumann and his son, Mathew Neumann.
The solar industry has evolved significantly since 2009, Neumann said, with systems getting more efficient and cheaper.
Back then, Neumann said, he built homes with geothermal heating systems that were powered by solar energy. Those homes produced more renewable energy than they needed, and homeowners were getting checks back from WE Energies.
The systems will continue to get more efficient, said Neumann, who described renewables as the wave of the future.
“When you get into this and you look at the possibilities, it’s really exciting to think about the means of producing energy,” Neumann said.
The Eagles Landing system will be capable of producing 6,000 kilowatt hours of energy per year. For comparison, Neumann said an average-sized home with two parents and three children uses about 1,100 to 1,200 kilowatt hours per year.
The development will also offer electric vehicle charging systems to residents, Neumann said. If a buyer has a Tesla electric car, they can hook up the charging system in their garage to the solar energy system.
Condo units at Eagles Landing will range from 1,900 to 4,400 square feet and cost between $650,000 and $995,000.
For more information on condo units at Eagles Landing at Lac La Belle, contact Maureen Stapleton at 262-567-8910.
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