LAFAYETTE, Ind. (WLFI) — A section of North 10th street in downtown Lafayette is going green.
The owners of Virtuous cycles also own the residential building next to it, the Pedal In. Their latest investment, the installation of Solar Panels.
The panels being installed over the next few days will generate enough electricity to power both buildings. The south-facing roof of Virtuous Cycles is large enough to install 52 panels.
Those will generate 20 megawatt hours of electricity every year, and excess electricity will be sold back to the grid.
The investment is expected to pay for itself in less than 10 years.
Owner Susan Schechter said her grandchildren's future is what inspired the project.
"I have two grandchildren and predictions are that if we don't stop producing so much CO2, we will have 10 days of 130 degree weather here in Indiana," said Schechter.
Schechter says she hopes more downtown businesses will consider investing in a project like this.
Jefferson Electric's Sean Staley leads a lot of these projects.
"Now the technology has gotten to a point that it is cheap enough and it is good enough that it really does make sense both monetarily and for everything else, saving power and the environment," said Staley.