By Pacific Business News (Honolulu)

Doug McLeod, Mauiâ¿¿s incoming energy administrator, is hosting the stateâ¿¿s first feed-in-tariff photovoltaic system on the roof of a commercial property he owns in Kihei.

McLeodâ¿¿s up-and-running system at 2679 Wai Wai Place will sell 10,220 kilowatt hours of electricity to Maui Electric Co. a year, resulting in earnings of approximately $2,200 to $2,800.

McLeod said the system, installed by Hilo-based ProVision Solar, cost about $50,000, but 65 percent of that can be offset by federal and state tax credits.

ProVision Solar is working on a second installation on a commercial property owned by McLeod in Wailuku, which is expected to be operational in the next couple of weeks.

The feed-in-tariff program, which allows independent energy producers to sell electricity back to the utility at a fixed rate for 20 years, was implemented on Oahu, Maui and the Big Island this past November.

Copyright 2011 American City Business Journals

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