RESEDA, Calif., July 30, 2014 /PRNewswire/ -- Community leaders and representatives from Los Angeles Mayor Eric Garcetti's and Congressman Brad Sherman's offices were on hand for the unveiling of a new solar hot water system, fully financed and installed by Skyline Innovations for WNC Community Preservation Partners.
The system, installed at the Coral Wood Court Apartments, will enable low-income Reseda residents to use renewable energy and reduce energy costs while creating local green jobs. This financed system uses price-indexed energy to guarantee energy savings to the host low-income housing community, versus standard utility rates. The system is expected to save more than $175,000 over 30 years. Kara Seward, a representative from State Senator Fran Pavley's office, was on hand to present the project with a sustainability award from Sen. Pavley's office.
The system is made up of 42 flat plate solar thermal collectors. These collectors use sunlight to heat water that is used by the complex's residence, reducing their need for gas-heated water.
"This installation is a great example of why solar and affordable housing work so well together," said Zack Axelrod, CEO of Skyline Innovations. "All communities can benefit from smart policies and invest in technologies like Skyline's. This project demonstrates what is possible when partners work together and we are grateful for their hard work to make this project happen."
"Skyline Innovations made going solar a seamless process," said Anand Kannan, President of Community Preservation Partners. "This system continues our commitment to providing a comfortable and healthy community for our residents."
Other attendees included Community Preservation Partners Founder Will Cooper Sr., All Valley Solar CEO Ted Bavin and SunEarth Vice President Peter Bliss.
The project offers a glimpse into the mainstream appeal and growth potential of the California solar thermal industry. The event also highlighted other energy efficiency actions the building has employed.
SOURCE Skyline Innovations