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 Witness Daily

GOP unsettled by narrow win in US House race in Arizona

Apr 25, 2018

GLENDALE, Ariz. — A big money push by the Republican Party and tweets from the president helped the GOP hold onto a U.S. House seat in Arizona they would have never considered endangered any other year. Despite the win, Tuesday's special election in Arizona's 8th Congressional District was much closer than expected and is a warning to Republicans that their tough year isn't getting any easier. The 8th District is heavily Republican and should have been an easy win for former state Sen. Debbie Lesko. But she only won by about 5 points in a district President Donald Trump won...

AP Exclusive: '93 Amtrak crash survivor relives each new one

Apr 25, 2018

MOBILE, Ala. — In the dark of night, three travelers advanced inexorably toward tragedy. Accompanied by her parents on her first train trip, 11-year-old Andrea Chancey couldn't sleep despite the steady rocking of the Amtrak coach. Aboard the same train after missing a flight, Ken Ivory lounged nearby. Miles away, Willie C. Odom steered a towboat as it pushed barges up a river that was getting foggier by the mile. A bump. A whoosh. A ball of fire. Suddenly, those three and more than 200 other people were caught up in what remains the deadliest accident in Amtrak history, the...

Malaysia releases photo of 1 assailant in Palestinian murder

Apr 25, 2018

KUALA LUMPUR, Malaysia — Malaysian police have released a photo of one of the two assailants who gunned down a Palestinian engineer this past weekend, and say the duo could still be in the country. Gaza's ruling Hamas militant group has accused Israel of being behind Saturday's shooting of Fadi al-Batsh, an important member of Hamas. Israel has neither confirmed nor denied involvement. Malaysian police earlier released computer-generated images of the two suspects, believed to be from Europe or the Middle East. On Wednesday, National police chief Mohamad Fuzi Harun said investigators found a motorcycle abandoned near the murder scene...

Durant, Green lead Warriors past Spurs into second round

Apr 25, 2018

OAKLAND, Calif. — Kevin Durant scored 25 points, Draymond Green led a smothering Golden State defense and the Warriors held off the late-charging San Antonio Spurs 99-91 Tuesday night to win Game 5 and advance to the second round of the Western Conference playoffs. Klay Thompson had another stellar shooting performance with 24 points, and Green contributed all over with 17 points, a career-playoff high 19 rebounds and seven assists. Golden State looked dominant until the fourth quarter even without injured two-time MVP Stephen Curry — and he could be back soon from a left knee injury. LaMarcus Aldridge converted...

Asian stocks slip following sell-off on Wall Street

Apr 25, 2018

TOKYO — Asian shares dipped Wednesday, mirroring a sell-off on Wall Street on worries over slowing growth and falling profits. KEEPING SCORE: Japan's benchmark Nikkei 225 slipped 0.3 percent to 22,206.51 and Hong Kong's Hang Seng lost 0.8 percent to 30,378.89. The Shanghai Composite shed 0.3 percent to 3,119.31. South Korea's Kospi lost 0.9 percent to 2,442.06. Australia's market was closed for Anzac Day, a public holiday. Southeast Asian shares were also mostly lower. WALL STREET: The S&P 500 index sank 35.73 points, or 1.3 percent, to 2,634.56. The Dow Jones industrial average finished with a loss of 424.56 points,...

Weather, 20 December
Houston Weather
+7

High: +11° Low: -2°

Humidity: 83%

Wind: NNE - 7 KPH

Canberra Weather
+27

High: +27° Low: +17°

Humidity: 87%

Wind: W - 20 KPH

Roissy-en-France Weather
+6

High: +6° Low: -5°

Humidity: 87%

Wind: ENE - 7 KPH

Florence Weather
+9

High: +9° Low: +6°

Humidity: 97%

Wind: ENE - 17 KPH

Parga Weather
+7

High: +16° Low: +4°

Humidity: 100%

Wind: SE - 25 KPH