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 The Market Noise

Death toll hits 39 in Italy bridge collapse; blame begins

Aug 15, 2018

GENOA, Italy — Italian emergency experts pulled two more bodies out of tons of broken concrete and twisted steel Wednesday after a highway bridge collapsed in Genoa, raising the death toll in the disaster to at least 39 people. The collapse of the Morandi Bridge sent dozens of cars and three trucks plunging as much as 45 meters (150 feet) to the ground Tuesday as many Italian families were on the road ahead of Wednesday's major summer holiday. Civil protection authorities confirmed Wednesday that 39 people had died and 15 were injured. Interior Minister Matteo Salvini said three children were...

The Latest: Italy authorities raise bridge death toll to 26

Aug 15, 2018

MILAN — The Latest on the collapse of a bridge in Italy (all times local): 10:15 p.m. Italian authorities from the region of Liguria have raised to 26 the number of dead in the collapse of a highway bridge in the port city of Genoa. The region's updated the death toll late Tuesday on its Twitter feed, saying two more bodies had been extracted and one person had died in surgery. That brings to 15 the number of injured. The city of Genoa's civil protection office confirmed the updated death toll. Italian Premier Giuseppe Conte visited the city and called...

Italian bridge collapse sends cars plunging, killing 26

Aug 15, 2018

MILAN — A 51-year-old highway bridge in the Italian port city of Genoa collapsed in a driving rain Tuesday, killing at least 26 people and injuring 15 others as it sent dozens of vehicles tumbling into a heap of concrete and twisted steel. Italian Premier Giuseppe Conte called it "an immense tragedy ... inconceivable in a modern system like ours, a modern country." The disaster, on a major interchange connecting Genoa and other northern cities with beaches in eastern Liguria into France, focused attention on Italy's aging infrastructure, particularly its concrete bridges and viaducts built in the postwar boom of...

Aid group: Ships not willing to save Mediterranean migrants

Aug 15, 2018

ROME — Migrants in distress at sea have told their rescuers that several ships passed them by without offering assistance, a European aid group said Sunday while seeking safe harbor for a rescue vessel with 141 migrants aboard. SOS Mediterranee in a statement said that due to the recent refusal of Italy and Malta to let rescue vessels carrying migrants dock, ships might be now unwilling to get involved fearing they will be stranded with migrants aboard and denied a port to disembark them. On Friday the group's chartered ship Aquarius, which it operates in partnership with Doctors Without Borders,...

Italian wine harvest begins, productive year forecast

Aug 15, 2018

ROME — The Italian wine grape harvest season has started with Pinot and Chardonnay grapes in the northern Lombardy's Franciacorta region, with experts anticipating a better year after an especially weak 2017. The Coldiretti agricultural lobby said Friday that it's expecting a 15 percent increase in wine production this season to 4.6 billion liters (1.2 billion gallons), from 4 billion liters (over 1 billion gallons) last year. The higher production this year is due to a greater abundance of rain in key regions, while last year heat and drought combined for one of the lowest post-war yields. Coldiretti forecast a...

Sign up now!