AMHERST, MASS (PRWEB) JULY 20, 2016
The University of Massachusetts Amherst has embarked on a major solar energy initiative that will cut its electric bills by $6.2 million over 20 years and reduce greenhouse gas emissions by the equivalent of 31,000 non-metric tons of carbon dioxide.
At no upfront cost to itself, the university is installing 15,576 photovoltaic panels across campus to provide 5.5 megawatts (MW DC) of clean renewable electrical power at heavily discounted rates. The total annual generation from the new installations is estimated to equal the annual electrical energy use of 900 Massachusetts homes.
The eight solar panel installations—six on rooftops and two above existing asphalt parking lots—will be engineered and constructed by Brightergy, a national energy company with offices in Charlestown, Mass. Brightergy, through its partnership with Sol Systems, arranged for project finance, ownership and ongoing maintenance of the solar installations with ConEdison Solutions for up to 20 years. The university will buy all of the electricity from the $16 million project for direct use on campus through a power purchasing agreement. The installations will be completed by the end of 2016.