POWER MANAGEMENT INSTALLS SOLAR PV SYSTEM AT PREMIUM MORTGAGE CORPORATION

Premium Mortgage completes a 16 kW solar project in Rochester, NY, which supports their dedication to reducing carbon footprint and controlling energy costs.

Victor , United States - January 13, 2018 /PressCable/ —

Premium Mortgage completes a 16 kW solar project in Rochester, NY, which supports their dedication to reducing carbon footprint and controlling energy costs.

Rochester, NY – Premium Mortgage is a leading local mortgage lender that prides itself on providing personalized attention to all of its clients in order to find a loan program tailored to individual circumstances and needs. In an effort to gain control of its energy costs and provide long-term price certainty, Premium Mortgage contracted Power Management to install a 16 kW solar PV system on the rooftop of their building; making the project Brighton’s 1st commercial solar PV system.

Power Management developed a solar project for Premium Mortgage that addressed Premium’s desire to have more control over the energy expenses of their building while practicing sustainability. After evaluating various options, it was determined that non-penetrating ballast roof mounted panels were the best fit for the building’s roof space.

“While we could have deployed our capital to generate greater returns, I personally feel obligated to set examples for others in securing our environmental future. Renewable energy is the foundation on which our economy will rise.” -Mike Donoghue, President, Premium Mortgage

Premium Mortgage’s decision to pursue this solar project has both environmental and financial benefits. Once complete, the project will generate approximately 55% of the electricity consumption within the building’s effective space each year. This solar PV system will produce 384,622 kWh over the 25-year warrantied life, offsetting 210,915 lbs. of CO2; equivalent to planting over 9,000 trees or the reduction of 269,025 miles driven by a compact car. Power Management secured $16,000 in NYSERDA Rebates for this project. In addition, Premium Mortgage will receive a 30% federal Investment Tax Credit, currently available for all solar projects in the U.S installed by 2021, and will benefit from the accelerated depreciation of the system over five years. The value of the solar energy generated will provide a savings of 70% over the anticipated market rate throughout the 25-year life of the system, and will have a six to seven year payback.

“Premium Mortgage has taken advantage of solar PV and generated clean, green electricity that provides a low-cost, long-term energy price hedging strategy that outperforms traditional power sources. They truly lead by example, devoting resources that aid in carbon reduction and supporting a sustainable cause while improving their bottom line.” -Michael Hedges, Director of Business Development, Power Management

About Premium Mortgage

Premium Mortgage has been a premier loan provider in the Rochester area for the past 15 years. Since their inception in 2000, Premium has expanded their reach by opening multiple offices throughout New York State and one office in Vermont. Excellent customer service and unparalleled industry knowledge were the two primary goals which Premium Mortgage was built from and those principles continue to be the foundation from which the business grows. www.PremiumMortgage.com

About Power Management Company

Power Management provides energy management and sustainability services to a diversified customer base. Founded in 1997, Power Management currently manages over 22,000 commercial and industrial utility meters throughout North America, taking energy management to a higher level through a comprehensive process that includes research, recommendation and implementation. To learn more about Power Management and how solar can benefit you, contact Joanne Sinopoli at (585) 249-1360 or go to http://powermgt.com.

Contact Info:
Name: Joanne Sinopoli
Organization: Power Management Company
Address: 1600 Moseley Road , Victor , NY 14564 , United States
Phone: +1-585-249-1360

For more information, please visit http://powermgt.com

Source: PressCable

Release ID: 287029

More News From Science Of The World

California city is latest to redo 'sexist' school dress code

Sep 19, 2018

ALAMEDA, Calif. — The relaxed new dress code at public schools in the small city of Alameda, across the bay from San Francisco, is intentionally specific: Midriff-baring shirts are acceptable attire, so are tank tops with spaghetti straps and other once-banned items like micro-mini skirts and short shorts. As students settle into the new school term, gone are restrictions on ripped jeans and hoodies in class. If students want to come to school in pajamas, that's OK, too. The new policy amounts to a sweeping reversal of the modern school dress code and makes Alameda the latest school district in...

August housing construction up 9.2 pct., but permits slide

Sep 19, 2018

WASHINGTON — U.S. home construction rebounded in August at the fastest pace in seven months but applications for new building permits plunged, sending mixed signals for an industry that has been struggling with rising lumber costs. Housing starts increased 9.2 percent in August to a seasonally adjusted annual rate of 1.28 million units, the Commerce Department reported Wednesday. Housing starts had declined 0.3 percent in July and 11.4 percent in June. The increase was the biggest since a 10.2 percent advance in January. Application for building permits, considered a good indication of future activity, fell by 5.7 percent in August...

UK lawmakers: 'Wild West' cryptocurrencies need regulation

Sep 19, 2018

LONDON — British lawmakers have backed calls for greater regulation of cryptocurrencies such as bitcoin in order to bring an element of control to a market that more resembles the "Wild West." In a report on digital currencies published Wednesday, the Treasury Select Committee called for regulations to protect consumers and prevent money laundering. Lawmakers highlighted a rapidly emerging industry that's been troubled by wild price swings, allegations of fraud and worries it could be used to finance criminal or terrorist activity. Virtual currencies, also known as tokens, are electronic alternatives to traditional money. The appeal of cryptocurrencies like bitcoin...

Kavanaugh accuser's colleagues point to her integrity

Sep 19, 2018

PALO ALTO, Calif. — Her studies first brought her West, but for Christine Margaret Blasey Ford, the move to California proved a way to leave behind what had gone wrong in her teenage years in the patrician suburbs of Washington, D.C. Born into a well-off family in Montgomery County, Maryland, Ford has said she spent years working to recover from an assault as a young girl in that world of prep school parties — by Supreme Court nominee Brett Kavanaugh, she would disclose years later. Long before she decided to come forward, Ford, now 51, had built a new life...

Ethiopia's stunning reforms now challenged by deadly unrest

Sep 19, 2018

ADDIS ABABA, Ethiopia — Ethiopia's stunning political reforms are now threatened by long-standing ethnic tensions that have roared back to life since a young prime minister took power just five months ago and promised greater freedoms. While exiled groups once banned as terror organizations are welcomed home to join political dialogue, deadly violence erupts on the fringes of celebrations. On Saturday, tens of thousands of people gathered peacefully in Addis Ababa's Meskel Square to cheer one group's return. Two days later, police fired tear gas there to disperse people protesting killings blamed by some on youth from the same ethnicity....

About Us

Started in 2015, Science Of The World offers in-depth news about the latest scientific discoveries. If you’re looking for a reliable source, Science Of The World is the one for you.

Contact us: sales[at]scienceoftheworld.com

Subscribe Now!