
Solar Installation by Pro-Tech Energy Saves Holy Name Friary Money on Utility Costs
Company's Unique Business Model Leverages Private Dollars, Allowing for Easier Financing of Commercial Energy Efficiency Upgrades and Renewable Energy Projects
BRANCHURG, N.J. and RINGWOOD, N.J., July 15 /PRNewswire/ -- Pro-Tech Energy Solutions LLC, a self-funded turnkey energy services company offering a wide array of energy efficiency upgrades and renewable energy in the Mid-Atlantic region, today announced the completion of a 48.400 Watt solar photovoltaic (PV) generation system on the roof of Holy Name Friary, a nursing facility in Ringwood, N.J.
Holy Name Friary's efforts were recognized by the New Jersey Department of Environmental Protection's Environmental Stewardship Initiative following a March 31 site visit. The goal of this initiative is to encourage regulated entities to improve their environmental performance beyond the minimum requirements of existing rules and regulations across a diverse spectrum of environmental stewardship and sustainable related practices.
The system, installed at Two Morris Road, will dramatically reduce demand on the grid during peak energy times. The solar roof system is expected to produce 50,500 kW of energy annually, accounting for approximately 10% of Holy Name's annual electric demand.
Each year the energy savings from the Holy Name Friary installation will prevent 78,007 pounds of carbon dioxide from entering the atmosphere, an environmental impact equivalent to conserving 2,886.21 gallons of gasoline per year.
"The upfront costs of installing energy-saving upgrades, such as solar panels and efficient lighting, have historically presented a daunting barrier to entry for public and private commercial property owners, especially nursing homes, churches, schools and other municipal-run facilities," said John Drexinger, COO, Pro-Tech Energy Solutions. "But Pro-Tech's unique business model allows us to customize the appropriate financing package to optimally balance each customer's resources, expectations and return on investment while maintaining direct control over the entire design and construction process."
"Pro-Tech allowed us to make investments in energy upgrades with no upfront costs. This was possible by their creation of a customized funding plan for us that maximized available federal, state and local rebates, tax credits and other incentives, augmented by funds secured by Pro-Tech," said Father Francis Soucy of Holy Name Friary.
Individual client savings vary depending on a number of factors including local energy rates, type of facility, hours of operation and level of business activity. The company's self-funded model allows clients to minimize financial risks by paying a portion of the savings results over the contract term.
About Pro-Tech Energy Solutions, LLC:
Branchburg, NJ-based Pro-Tech Energy Solutions LLC is a self-funded, turnkey energy services company offering a wide range of energy solutions and services for residential and commercial properties. From simple lighting upgrades to utility scale solar installations, Pro-Tech's team of seasoned experts design and implement customized solutions so that clients can achieve cost effective, long-term savings. Pro-Tech's members have been responsible for developing and project managing the installation of over thirteen (13) MW of large and small-scale solar photovoltaic (PV) systems in New Jersey since 2003. Pro-Tech is a member of the American Solar Energy Society, Northeast Sustainable Energy Association and the International Solar Energy Society. For more information, please visit http://pro-techenergy.com.
SOURCE Pro-Tech Energy Solutions LLC
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