Beverly Athletic Club (BAC) in Beverly, Massachusetts, has partnered with Solect Energy to install a 128-kW solar energy system on the athletic center’s roof. The solar array consists of 320 PV panels and is expected to produce 155,041 kWh annually. The power generated will cover 33% of the BAC’s energy needs. It is projected that BAC will save approximately $233,000 over the course of 10 years.
Solect carefully examined BAC’s energy usage patterns and other factors in order to design the optimum solar energy system. Solect then worked to make sure that BAC would achieve maximum ROI through a myriad of solar incentives. BAC is projected to save an average of approximately $23,000 annually on its electricity bill. Additionally, BAC is able to take advantage of state and federal tax and financial incentives, including SRECs (Solar Renewable Energy Certificates), which are financial incentives based on the amount of solar energy the system generates. Electrical utility providers in Massachusetts purchase SRECs to help them meet their state-mandated goals of a percentage of power coming from renewable energy sources.
“Solect did a great job making a complicated proposition clear and straightforward, and they were very helpful in shepherding us through the process, but the best part of this solar project is yet to come,” said Ed Soul, Owner of Beverly Athletic Club. “We anticipate our electric bill dropping by a third. In addition, we are thrilled to be able to lower our carbon footprint, and continue our commitment of being a good steward of the environment.”
BAC has been committed to a variety of green initiatives. The club recycles, works to reduce paper waste, and has shifted to all LED lighting to reduce power consumption. It also contributes to green initiatives such as Change is Simple, which educates youth on how to be more green and protect our planet.
“Beverly Athletic Club turned to solar to substantially reduce their operating costs, while also pursuing their goal of being an environmental leader in their community,” said Jeff McCallion, Business Development Manager. “The facility’s flat roof made it ideal for installing a large array that could generate a third of their electricity needs. Not only does BAC gain significant financial savings, but they also garner recognition and respect from their members and the community at large for their leadership in sustainable practices.”
BAC will use some of the savings from the solar system to continue making efficiency improvements. Additionally, funds will be earmarked for the continual updating of club facilities and equipment.
News item from Solect