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 Press Releases

Redford: 'The role for men is right now is to listen'

Jan 18, 2018

Sundance Institute founder Robert Redford says that the role of men in the Me Too and Time's Up movement is to listen and let women's voices be heard. Speaking Thursday at the Sundance Film Festival opening day press conference in Park City, Utah, Redford says he's encouraged by the change that is happening and how it is bringing more opportunity for women in film, which has historically been dominated by men. Sundance Institute executive director Keri Putnam added that festival has taken strides to ensure the safety of its guests, including instilling a public code of conduct and a 24-hour...

Hot-button topics coalesce at the Sundance Film Festival

Jan 18, 2018

The Sundance Film Festival has always been a place for boundary-pushing programming, but from the Me Too movement, to diversity and representation in film and even the current presidency, this year the snowy mountain town of Park City, Utah, is primed to be an epicenter of conversation around some of the most burning issues of the day. Among the over 110 films set to play at the festival, which kicks off Thursday night, are timely documentaries about trailblazing women like Supreme Court Justice Ruth Bader Ginsburg ("RBG"), Netflix's "Seeing Allred," about attorney Gloria Allred who represented women in sexual misconduct...

Can #MeToo movement do harm? Ansari story raises question

Jan 18, 2018

The #MeToo movement has been embraced by legions of women as a vital step toward countering widespread sexual abuse and misconduct. This week, more so than at any point in the movement's brief history, there's visceral discussion about its potential for causing harm. The catalyst was the publication by Babe.net of an account by a woman identified only as "Grace" detailing her 2017 encounter with comedian Aziz Ansari. The article intimated that Ansari deserved inclusion in the ranks of abusive perpetrators, yet many readers — women and men — concluded the encounter amounted to an all-too-common instance of bad sex...

Lawyer: OJ Simpson is golfing a lot, staying in Las Vegas

Jan 18, 2018

LAS VEGAS — O.J. Simpson is not planning to move from Nevada to Florida like he told state parole officials before he was released in October from Nevada state prison, his Las Vegas lawyer said Thursday. The 70-year-old former football hero, acquitted murder defendant and armed robbery inmate has not filed paperwork with parole officials to move to a different state, attorney Malcolm LaVergne said. "Mr. Simpson has no immediate plans to return to Florida," LaVergne told The Associated Press. "He's very much enjoying his time here in Vegas. It's January, he gets to play golf every day." A Nevada...

Opera star Jonas Kaufmann returns to the spotlight

Jan 18, 2018

NEW YORK — Jonas Kaufmann, the world's most sought-after tenor, hopes his cancellations are mostly in the past. Back in the United States after a four-year absence caused mostly by illness but partly by a desire to spend more time with his children, the 48-year-old German with the clarion voice and heartthrob looks is giving recitals in California and New York this week and returns in April for performances in Boston and New York. "I'm very happy and thankful that I have so enthusiastic fans that they would love to see me every day perform," he explained during an interview...

Broaden News

Reporter Pass is the only access you need to get into Hollywood. No matter it’s the red carpet event or backstage access, we’ve got you covered.

Contact us: sales@reppass.com

Award ShowsCelebrityPaparazziRoyaltyMoviesMusicTelevision Programs Press Releases