Visitors Now:
Total Visits:
Total Stories:
Profile image
By Anonymous (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

School District to Save $300,000 Annually Thanks to Solar Shade Canopies

Monday, October 22, 2012 11:01
% of readers think this story is Fact. Add your two cents.

(Before It's News)

 
The Hemet Unified School District will save $300,000 annually in utility costs thanks to the construction of 17 solar electric systems provided by Tioga Energy.

Hemet USD elementary, middle, and high schools will benefit from 4.4 megawatts of solar electric canopies over parking spaces and playgrounds across the district.

US School District Saves $300,000 with Solar Canopies

Tioga developed and will operate and maintain the systems as they sell the generated electricity to Hemet USD over the next 20 years at rates much lower than local utility rates, saving the school district approximately $300,000 per year.

“Tioga Energy’s expertise and unswerving dedication were critical to making this project possible,” said Vince Christakos, Assistant Superintendent, Business Services for the Hemet Unified School District. “From securing the very last of the best available incentives to providing an on-site presence at every installation site, the Tioga team worked hard to ensure our needs were being met.”
 

 
“The Hemet Unified School District does an excellent job with monitoring its energy consumption, and its vision for further managing costs with solar was clear from the beginning,” said Paul Detering, CEO of Tioga Energy. “Because of the District’s dedication, it is able to focus school resources on the ultimate prize: quality student education.”

These systems are the first to be developed under a master financing agreement between Tioga Energy and De Lage Landen (DLL), a global provider of high-quality asset-based financing products and supporter of sustainable clean technology. Additionally, Wells Fargo & Company participated in the projects as a construction lender and tax equity investor alongside DLL’s tax equity investment to further broaden the scope of the Tioga-DLL financing facility. Johnson Controls delivered all engineering, procurement, and construction (EPC) solutions for the project.

Source: Tioga Energy
Image Source: Hemet Unified School District




Source:

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.