| Tecta America Completes Solar Project Utilizing Massachusetts Incentives and Federal ITC |
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| Tuesday, 20 July 2010 10:13 |
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FOR IMMEDIATE RELEASE
Skokie, Illinois, (July 20, 2010) – Tecta America recently installed a large-scale photovoltaic installation on the Pearson Ventures Office Building in Billerica, Massachusetts. The rooftop will be accessible to visitors allowing prospective customers to view the system in place.
TectaSolar provides a turnkey solar power solution, from concept-through-completion management of any solar project including the myriad permits, governmental incentive programs, installation, utility connections and maintenance contracts. Tecta America is also the largest commercial roofing company in the United States, our depth of resources and financial strength is a comforting fact for owners concerned with their valuable roofing asset. Tecta is the only company that can warrant the solar and the roof under a single warranty.
“In addition to providing solar financing, installation and warranties, as a roofing company, we provide our customers with peace of mind in knowing we also have the proper safety procedures in place,” said Brett Chapman, President of Tecta America New England. “And ensuring the rooftop is in optimal condition prior to installation means that the roof itself will last the life of the solar system in place.”
Massachusetts incentives coupled with the 30% Federal Investment Tax Credit (due to change from a cash grant to a tax credit on Dec. 31, 2010) made this a lucrative opportunity. There was no initial cash outlay and the system is estimated to produce approximately $450,000 positive cash flow over 25 years, while locking in low electricity rates.
The 30,000 square foot roof features an energy output of 143 kWp, utilizing Schuco MPE 220Watt modules and Schuco’s ezFlatRoof 2.0 PV Mounting System. The SatCon 135 kW Inverter will allow data monitoring through a web-based system utilizing SatCon PV Plus. The system is estimated to produce between 3.575 and 4.6475 million kWh over the next 25 years. To view the data monitoring, go to www.pvviewplus.com, username: tectaamerica1 and password: tectasolar.
Environmental benefits include:
For more information, about TectaSolar or other Environmental Solutions, visit us at: www.tectaamerica.com.
ABOUT TECTA AMERICA Now celebrating its 10th Anniversary, Tecta America, headquartered in Skokie, IL, is the largest commercial roofing company in the U.S., providing roofing solutions through locations coast to coast and more than 3,000 employees. Services provided include roof installation, roof replacement, new construction, disaster response, repair, restoration, maintenance, environmental solutions, vegetated roof systems, daylighting, photovoltaic systems, eco-materials, and full service national roofing management. Tecta America is Roofing Redefined. For more information, visit on the web at: www.tectaamerica.com.
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