PROJECT HIGHLIGHTS
- Turnkey solution including design, engineering, installation, federal & state grant applications paperwork, system training
- Executed without interrupting day-to-day business operations
- Provides approximately 58% of energy needs
CHALLENGE:
Knowing that solar is the future; it was only fitting that Solar Energy World install solar on their building. Seeing the impact solar has on the bottom line, Solar Energy World was seeking the financial and environmental benefit that comes with power generation and energy conservation.
SOLUTION:
Solar Energy World purchased the 15,000 sq. ft. building in December 2010. The new solar panel system was installed on Earth Day, April 22, 2011. The system size is approximately 48kW in size, providing 52,000 kWh. Solar Energy World estimates that they will save $5,800 per year on utility costs, and recoup almost $150,000 in tax incentives, rebates and grants.
The solar PV system is expected to also earn 52 Solar Renewable Energy Credits (SRECs) per year.
Project Overview
Location: Elkridge, Maryland
Completed: May 2011
Number of Panels: 220
Products: Mage 185-watt solar panels
System size: 49kW
Energy production: 52,000kWH
Benefits
- Projected annual savings: $5,800
- Projected annual SREC earnings: $16,600
- Environmental Offsets: 79,788 pounds CO2
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