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

Latest News

New Zealand prime minister says she's pregnant, due in June

Jan 19, 2018

WELLINGTON, New Zealand — New Zealand's prime minister announced on Friday that she is expecting her first child in June. Jacinda Ardern, 37, took office in October. Speculation swirled around whether she would start a family soon when she took over the leadership of her then-opposition Labour Party last year. Ardern took to Twitter to announce that she and her partner Clarke Gayford were expecting a child, and that Gayford would become a stay-at-home dad. "We thought 2017 was a big year! This year we'll join the many parents who wear two hats. I'll be PM & a mum while...

Dollar wallows near three-year trough, fears of U.S. govt. shutdown add to gloom

Jan 19, 2018

By Hideyuki SanoTOKYO (Reuters) - The dollar was lodged near a three-year low against a basket of currencies on Friday as fears of a possible U.S. government shutdown added to underlying weakness that stems from the growing trend toward monetary policy normalization around the world. The dollar index stood at 90.378, having fallen to as low as 90.104 this week, a level last seen in December 2014. It has already lost roughly 2 percent so far in 2018. The U.S. House of Representatives passed a bill on Thursday to fund government operations through Feb. 16 and avoid agency shutdowns this...

Asia stocks rise on China growth, U.S. govt. funding woes dent dollar

Jan 19, 2018

By Shinichi SaoshiroTOKYO (Reuters) - Asia stocks shook off losses on Wall Street and edged up to record highs on Friday following China's announcement of faster-than-expected fourth quarter growth, while worries over a possible U.S. government shutdown weighed on the dollar.MSCI's broadest index of Asia-Pacific shares outside Japan added 0.4 percent to a record top. The index had climbed 1.3 percent on the week, during which it rode a surge in global equities.Optimism over the global economic growth outlook and improved corporate earnings have helped share markets rally at the start of 2018. Supporting economic confidence was data on Thursday...

New Zealand Prime Minister Jacinda Ardern pregnant with first child

Jan 19, 2018

By Charlotte GreenfieldWELLINGTON (Reuters) - New Zealand Prime Minister Jacinda Ardern said on Friday she was pregnant with her first child, prompting an outpouring of support from women's rights groups and labor activists as she declared "I'll be a prime minister and a mum". Ardern said she planned to work until the end of her pregnancy in June and then take six-weeks leave, during which time Deputy Prime Minister Winston Peters would run the country.Speaking to reporters outside her Auckland home, Ardern said her partner Clarke Gayford would care for the "surprise" addition full-time and that the whole family would...

Tennis: Birthday girl Martic reaches last 16 in Melbourne

Jan 19, 2018

MELBOURNE (Reuters) - Croatia's Petra Martic celebrated her 26th birthday in style by reaching the fourth round of the Australian Open on Friday.The world number 81 beat Thailand's Luksika Kumkhum 6-3 3-6 7-5 to set up a clash with unseeded Belgian Elise Mertens.Twelve months ago Martic was ranked 264 after a back injury but she has now reached the last 16 of three of the last four grand slams and hopes to go even further."I think at every grand slam it opens up sooner or later. I think the competition is so high, anybody can beat anybody. I think anybody...

About Us

The Morning Herald is a fast news provider in the United States since 2005. Fiercely independent and armed with irreverent intelligence, there’s no other place to get your news other than The Morning Herald.

Contact us: sales@themorningherald.com

Subscribe Now!