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

Film with Fan Bingbing, Bruce Willis canceled after tax case

Oct 18, 2018

BEIJING — The director of "Air Strike," featuring Chinese actress Fan Bingbing, says the film's release has been canceled in the wake of her disappearance and conviction on tax evasion charges. The World War II thriller, also starring Bruce Willis and Adrien Brody, was to have been released Oct. 26. However, director Xiao Feng posted on his Weibo miniblog Wednesday that it was "time to let go" after eight years of work on the film. Chinese tax authorities this month ordered Fan and companies she represents to pay taxes and penalties totaling $130 million, ending speculation over the fate of...

Shanghai airport automates check-in with facial recognition

Oct 18, 2018

SHANGHAI — It's now possible to check in automatically at Shanghai's Hongqiao airport using facial recognition technology, part of an ambitious rollout of facial recognition systems in China that has raised privacy concerns as Beijing pushes to become a global leader in the field. Shanghai Hongqiao International Airport unveiled self-service kiosks for flight and baggage check-in, security clearance and boarding powered by facial recognition technology, according to the Civil Aviation Administration of China. Similar efforts are underway at airports in Beijing and Nanyang city, in central China's Henan province. Many airports in China already use facial recognition to help speed...

Federer, del Potro, Zverev all win at Shanghai Masters

Oct 18, 2018

SHANGHAI — Roger Federer had to overcome a second-set stutter. Juan Martin del Potro and Alexander Zverev had to overcome illness. All three still advanced at the Shanghai Masters on Wednesday. Federer, the defending champion, beat Daniil Medvedev 6-4, 4-6, 6-4 in the second round despite being broken late in the second set. "I was able to mix it up. Really also took some chances, serve and volley, second serve," the top-seeded Federer said. "In the third set I really started to figure it out, as well, how aggressive or how tactical I wanted to make the match. And by...

Financial Times says Hong Kong denied editor's visa renewal

Oct 18, 2018

HONG KONG — Hong Kong authorities have refused to renew the work visa of a senior editor of the Financial Times, the newspaper said Friday, a move that came after he chaired a talk by a pro-independence activist that drew Beijing's ire. Rights groups called the rejection the latest sign of Beijing's expanding restrictions on the semi-autonomous Chinese territory. The London-based newspaper said in a statement that it was given no reason why Asia news editor Victor Mallet's application was rejected. "This is the first time we have encountered this situation in Hong Kong," it said. While no direct connection...

Famed Tsukiji fish market uneasy over move to new site

Oct 18, 2018

TOKYO — After years of delays Tokyo's 80-year-old Tsukiji fish market is closing on Saturday to move to a more modern facility on reclaimed industrial land in Tokyo Bay. The new, 569 billion yen ($5 billion) facility at Toyosu will open on Oct. 11, over the objections of many working in Tsukiji who contend the new site is contaminated, inconvenient and unsafe. "If the new place were better, I'll be happy to move," said Tai Yamaguchi, whose family has run fish wholesaler Hitoku Shoten since 1964. The 75-year-old leader of a group of 30 women whose families run shops in...

Sign up now!

About Us

Gempak Media delivers the most talked and gempak stories on the Internet to you. Be the first to know about the latest news and don’t forget to share it around.

Contact us: sales[at]gempakmedia.com

Subscribe Now!