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 dailyworldweb.com

Asian stocks advance after Wall Street rebounds

Feb 23, 2018

BEIJING — Asian stocks advanced Friday after Wall Street rebounded from a two-day losing streak and Japanese inflation edged higher. KEEPING SCORE: The Shanghai Composite Index gained 0.3 percent to 3,279.74 and Tokyo's Nikkei 225 advanced 0.4 percent to 21,814.31. Hong Kong's Hang Seng added 1.3 percent to 31,364.80 and Seoul's Kospi rose 1.1 percent to 2,441.40. Sydney's S&P-ASX 200 rose 1.1 percent to 5,998.20 and benchmarks in Taiwan, New Zealand and Southeast Asia also advanced. WALL STREET: Gains in industrial companies and other sectors outweighed losses in banks and health care stocks. Energy companies rose after crude oil prices...

China probing possible violation of UN sanctions on N. Korea

Feb 23, 2018

BEIJING — China is "highly concerned" about a reported ship-to-ship transfer on the high seas that could violate U.N. sanctions on North Korea and has launched an investigation, the foreign ministry said Thursday. Spokesman Geng Shuang said China would "seriously deal" with any Chinese individuals or enterprises found to be involved in the incident reported earlier this week by Japan. "China is highly concerned about the situation and we are in the middle of an investigation," Geng said at a regularly scheduled news conference. Punishment of any Chinese entities found to have been involved would be carried out "based on...

Millions in China journey home for Lunar New Year

Feb 23, 2018

BEIJING — Millions in China were boarding trains, planes and automobiles Wednesday as the Lunar New Year travel rush, the world's largest seasonal human migration, reached its climax. China's most important festival falls on Friday and people were traveling to either return to their hometowns or flock to vacation destinations. For many migrant workers in the country's industrialized east, the holiday may be the only time of year they return home to see family and friends. Weeks before the rush, many travelers had used smartphone apps to snatch up tickets that later sold out. Some train journeys between cities and...

China charges former rising political star with bribery

Feb 23, 2018

BEIJING — A former rising star in Chinese politics has been charged with bribery, becoming the highest-level serving official to be prosecuted in President Xi Jinping's sweeping anti-corruption campaign, now in its sixth year. The Supreme People's Procuratorate announced the indictment of Sun Zhengcai, the former Communist Party leader of the western megacity of Chongqing and a member of the party's 25-member Politburo, on its website Tuesday. The announcement said Sun "illegally accepted huge amounts of money and goods" from others in return for providing them with benefits. Also Tuesday, the party's anti-corruption watchdog body announced the country's former top...

China imposes anti-dumping measure amid trade tensions

Feb 23, 2018

BEIJING — China told importers of a U.S. industrial chemical to start posting deposits Tuesday in preparation for possible anti-dumping duties amid rising trade tension with Washington. A preliminary ruling by the Ministry of Commerce said styrene monomer from the United States, South Korea and Taiwan is being sold at prices 5 to 10.7 percent below the proper level. The chemical is widely used to make packaging and consumer products. Importers must now pay cash deposits while the ministry completes its investigation. The ministry said in its ruling the Chinese styrene industry has been "substantially damaged" by dumping, which occurs...

About Us

Daily World Web took the initiative to utilize the development in cloud and AI technology to create a free, instantaneous and borderless flow of news, the way it should be.

Contact us: sales@dwwcom.com

Subscribe Now!