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Community Bakery Expects to Save Dough with Solar Power

1 min read

That SoMa mainstay, Community Bakery, announced earlier this month that it would be installing this fall a 102-panel solar array with each panel providing 350 watts.

Seal Energy Solutions of North Little Rock, which designed the array, put together financing incentives — the Solar Investment Tax Credit, Arkansas Rehabilitation Tax Credit (historic tax credit) and depreciation incentives — that it says will combine to provide a 30-year 11.99 percent rate of return.

The bakery, at 1200 Main St., worked with Amber Jones of Little Rock, a historic preservation tax credit consultant, to put together the incentive package.

Joe Fox, Community Bakery’s owner, said the bakery uses about 30,000 kilowatt-hours a month — for an electricity bill of about $2,600 — and the array will provide about 15 percent of its power.

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