Written by: Leonard Parker | Solar News | 04th November
Verogy, a Hartford-based solar energy developer, announced that Stone Academy, a career-oriented institution of higher education, in Waterbury received Permission to Operate (PTO) its recently completed, 77-kW rooftop solar energy project. Stone Academy is the owner of the 192-module array and will use the clean energy produced for the school’s operations.
“In addition to the positive impact this project will have on the environment, the cost savings associated with incorporating renewable energy into Stone Academy’s operations is a huge win for the school,” said William Herchel, CEO of Verogy. “Not only will this rooftop array offset 96% of Stone Academy’s operating costs, but it will position the school as an innovative leader in the state’s education sector.”
In addition to utility cost savings from the project, Stone Academy was awarded a contract under Connecticut’s ZREC (Zero Emissions Renewable Energy Credit) program, which was the main funding source for the array and offset nearly 80% of its costs.
News item from Verogy