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The new renewable generation tariff - Option R - is designed to help organizations who want renewable energy but had previously found the high cost to be prohibitive. In particular, solar installations will benefit under this new tariff because demand charges have been reduced significantly in favor of consumption-based charges. Solar developers can now design a system that suits an organization's energy needs while also supporting their bottom-line.
"Now is the time for school districts in Southern California to consider solar power as a financially prudent strategy," said Reid Rutherford, Photon Energy Services CEO. "By using solar power, schools can save money and make a positive contribution to the environment - it's a win-win solution."
Solar developers like Photon work with schools to mount roof-top and parking lot solar installations at no cost to the institution through a power purchase agreement (PPA). The developer will purchase, install and maintain the solar equipment on the school's facility. The school purchases only the electricity that is generated. Developers can also help schools obtain the highest quality installation at the lowest cost because they can take advantage of federal incentives typically unavailable to schools. "Schools benefit from solar power with no upfront costs and without the worry of maintaining unfamiliar solar machinery," Rutherford adds.
To learn more about the new SCE rate or generating savings with solar, visit photonenergyservices.com.
About Photon Energy Services:
Photon Energy Services is a turn-key developer and integrator of distributed solar electric generation systems for large-scale energy users. Photon brings together best-in-class construction firms and proven funding sources to install on-site, long-term and reliable photovoltaic (PV) systems. Through power purchase agreements, Photon gives customers the ability to purchase clean, renewable energy from a solar power system they design, finance, install, operate and maintain on a customer's facility with no upfront costs. To date, Photon has signed more than $30 million in solar projects and is actively pursuing projects throughout California, New Jersey, Hawaii and Florida. Photon is a member of the Solar Electric Power Association (SEPA). For more information, please visit www.photonenergyservices.com or follow-us on Twitter at http://twitter.com/PhotonHQ.
(1) New York Times Great Homes & Destinations, "Beaches to Snow to Desert Sun"
(2) SCE has 94 MW of installed or under development solar installations compared to PG&E's 158.8 MW.
Media Contact: Arron Robinson
323-201-2689, arron@arprla.com
SOURCE Photon Energy Services
http://www.photonenergyservices.com
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