PPRW | Quote | Chart | News | PowerRating -- El Dorado Hills-based Premier Power Renewable Energy Inc. said it has signed a contract to install a 300-kilowatt solar photovoltaic system at a medical building in Lakewood, N.J.
Financial terms of Premier's contract with Lakewood-based Soar Energy Partners LLC were not disclosed, but Premier said the solar system will save the medical center approximately $84,000 per year in utility costs, while generating approximately $190,000 annually in revenue for Soar.
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