Arizona Schools Save More Than $1.5 Million in Electricity Costs With Tioga Energy
Date: 11/27/2012
Company: Tioga Energy
Source: MarketWatch
PHOENIX, Nov 27, 2012 (BUSINESS WIRE) — Tioga Energy, a leading provider of renewable energy services to commercial, government and non-profit organizations, today announced the completion of a 961 kW solar energy project for two sites in the Washington Elementary School District (WESD). This undertaking will save the WESD more than $1.5 million over the next 20 years, including over $28,000 in the first year of operation alone.
Solar electric systems are now in operation for WESD’s Mountain View and Sunnyslope Schools, meeting 61 and 82 percent of the schools’ electricity needs, respectively. Wilson Electric Services Corp. served as the engineering, procurement and construction partner for the project, installing more than 3,300 solar panels on rooftops and solar shade structures for school carports and playgrounds.
Through its 20-year SurePath(R) solar services agreement (SSA) with WESD, Tioga Energy developed, financed and owns each system, also taking care of operation and maintenance. Tioga will sell the generated electricity to WESD at locked-in rates that are lower than those of the local utility, offering the district immediate energy savings as well as a hedge against future utility rate increases.