Bank of Franklin County

Bank of Franklin County is a locally-owned, independent community bank chartered in 2000. The bank operates out of its home base in Washington, Missouri. For a financial institution committed to investing in its community, those operating costs are a real line item. A solar installation gave the bank a way to control those unpredictable costs.

Bank of Franklin County worked with Artisun Solar to install a 135-panel (50 kW) rooftop solar array at their Washington, Missouri location.

The system saves the Bank of Franklin County $6,021 annually in electricity costs and is projected to save $43,006 over solar’s 40+ year lifetime.

By taking advantage of several key financial incentives, the bank maximized its return on investment and achieved a payback period of under one year.

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Project Details

Location: Washington, MO
Type of Installation: Rooftop
Solar Panels: 135 Panels
System Size: 50 kW (DC)
System Output: 33.3 kW (AC)
Environmental Impact: Offset 1,643.1 metric tons of CO₂ emissions
Incentives Utilized: Federal ITC, USDA Grant, Ameren PV Rebate, State and Federal Depreciation
Utility Provider: Ameren
First Year Electricity Savings: $6,021
Lifetime Electricity Savings: $43,006.30
Energy Offset: 46.91%
Payback Period: <1 Year