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

PBS film tackles Native American links to rock, blues, jazz

Jan 19, 2019

ALBUQUERQUE, N.M. — As a child, Fred Lincoln "Link" Wray Jr. hid under a bed when the Ku Klux Klan came to his parents' home in rural North Carolina. Racist groups often targeted the poor family of Shawnee Native American ancestry as the Wrays endured segregation in the American South just like African-Americans. Wray eventually took all that rage of his early years and crafted a 1958 instrumental hit "Rumble" using a distinct, distorted electric guitar sound that would influence rock 'n' roll musicians from Iggy Pop and Neil Young to Pete Townshend of The Who and Slash of Guns...

Reports: Sony drops R. Kelly after furor over allegations

Jan 19, 2019

NEW YORK — Multiple outlets have reported that Sony Music has dropped embattled R&B star R. Kelly from its roster. The announcement comes two weeks after the popular documentary series "Surviving R. Kelly" drew fresh attention to the sex abuse allegations against R. Kelly, which have dogged him most of his career. The #MeToo and #MuteRKelly movements have held protests, demanding his music be dropped from streaming services and beyond. Representatives for Sony and RCA Records, where R. Kelly was signed to, didn't immediately return emails seeking comment. Lady Gaga and Celine Dion recently removed their duets with R. Kelly...

Dior pulls the stars in conveyor-belt menswear show in Paris

Jan 19, 2019

PARIS — The black box construction branded "DIOR" was so big it obscured the view of the Eiffel Tower. The sheer scale of menswear designer Kim Jones' pop-up venue of 2,840 square meters (30,570 square feet) could only mean one thing: he was competing for show of the season on Friday at Paris Fashion Week. A high-tech conveyor-belt catwalk allowed models to parade before a starry Dior Men front row that included Kate Moss, Lily Allen and a tardy Robert Pattinson. Here are some highlights of the day's fall-winter shows. DIOR'S CONVEYOR-BELT COUTURE This is what a luxury supermarket might...

James Blake, music's most requested collaborator, opens up

Jan 19, 2019

NEW YORK — Some people get lots of invitations. James Blake gets the right ones. He's had a role on two of the greatest albums of the last decade — Beyonce's delicious "Lemonade" and Kendrick Lamar's Pulitzer Prize-winner "Damn." He worked on another impactful and culturally relevant album, Jay-Z's "4:44"; he's part of Travis Scott's pop star breakthrough "Astroworld"; and he was called on to contribute to the soundtrack to the uber-successful and powerful "Black Panther," earning him two Grammy nominations. Those key projects helped Blake, a British singer-songwriter-producer with a distinct downbeat electronic sound, develop and expand as an...

Wendy Williams to take health-related break from TV show

Jan 19, 2019

LOS ANGELES — Wendy Williams is taking an extended break from her TV talk show to deal with health issues related to her immune system disorder, her family said Friday. The family wrote in a statement that Williams has suffered complications from Graves' disease in the past few days. Treatment is necessary and will include "significant time" in the hospital, according to the family statement provided by show producer and distributor Debmar-Mercury. Williams has a strong desire to return to work but must focus on her "personal and physical well-being," the family said, adding a request that her privacy be...

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