Alder Foods Takes Energy Savings to Next Level with Solar From Solect

Grocery distributor to the military installs 108 kW solar energy system

WALPOLE, MA—MAY 27, 2015— Alder Foods, one the country’s largest suppliers to the military markets, today announced it has installed a 108 kilowatt (kW) solar energy system atop its Walpole facility in partnership with Solect Energy Development. The system is expected to save the company close to $25,000 in electricity costs annually, and a similar amount annually through Solar Renewable Energy Certificates (SREC) credits.

Alder Foods sells nationally-branded food and perishable goods to the U. S. Military Commissaries located throughout the world. The company has become one of the top 30 companies selling worldwide to the Defense Commissary Agency (DeCA).

Alder recently undertook a tune up of its HVAC system that heats and cools its 17,000-square-foot office facility in Walpole, but wanted to take its energy savings to the next level with solar. The solar energy system will help the company eliminate more than $2,000 a month in electricity bills, as well as generate a similar amount in SREC credits, helping Alder Foods achieve payback on the system in just a few years. SRECs are financial incentives based on the amount of solar energy a system generates. Electrical utility providers in Massachusetts purchase SRECs to help them meet their state-mandated goals of a percentage of power coming from renewable energy sources.

“The project had a great payback, so economically this was a great win for us,” said Ed Serpe, CFO of Alder Foods. “From a green perspective, it’s even better, and we feel good about doing our part for the environment. The team at Solect was great to work with, from top to bottom. It was a really easy experience.”

In 2011, Alder Foods was ranked 4th in Boston Business Journal’s Top 5 minority- and women-owned businesses. Since 2009, the Boston Business Journal has recognized Alder Foods in the Top 100 women-led businesses; and since 2010 Boston Business Journal has ranked Alder Foods as one of the largest minority owned–women led Business.

“Alder Foods is known in the industry for making smart decisions on the products and partners it chooses to do business with,” said Steve Bianchi, partner at Solect. “They quickly determined that solar would be a great investment choice that would generate a quick return as well as align with their company goal of improving the environment.”

 

 

The Northeast Energy and Commerce Association (NECA)

The Northeast Energy and Commerce Association (NECA) is New England’s oldest and most broadly-based, non-profit trade association serving the competitive electric power industry. Founded in 1985, NECA’s purpose is to facilitate an open forum among all electric power stakeholders to foster the development and maturation of competitive power markets.

2015 Renewable Energy Conference

3/12/2015

When: March 12, 2015
From 7:30 AM until 6 PM
Where: Doubletree by Hilton
5400 Computer Drive
Westborough, Massachusetts  01581

 

 

We will have a table at the conference, please stop by to learn about the benefits of going solar with Solect!

Old Time Sports Goes Green with Solar Energy

NHL Licensee Installs 175 kW Solar Energy System, Increases Electricity Efficiency

SALISBURY, MA—July 9, 2014–Old Time Sports, a North Shore apparel company, has turned its Salisbury, MA, headquarters “green”, deploying a 175 kW solar photovoltaic (PV) renewable energy solution. Old Time Sports partnered with Solect Energy Development of Hopkinton, MA, to develop and install the system, which is expected to cover 100 percent of the company’s annual electricity needs. The solar energy system is expected to generate up to $70,000 a year in environmentally friendly electricity.

The roots for Old Time Sports, which is owned by brothers Bob, Chris and Eric Magnuson, come from their family’s days of playing outdoor “pond” hockey. With that in mind, becoming a more environmentally friendly company blends with the protection of the natural resources that the Magnusons enjoyed as youngsters on the ice, and which led them into careers in hockey.

Old Time Sports Solar Energy System

Over the last few years, the price of installing a renewable energy solution decreased and that, coupled with federal and state incentives, made pursuing solar energy for the company’s 35,000-square-foot offices and warehouse economically attractive. State incentives include Solar Renewable Energy Certificates (SRECs), which solar system owners earn based on the amount of solar energy their system generates. SRECs are purchased by electrical utility providers in Massachusetts to help them meet their state-mandated goals of a percentage of power coming from renewable energy sources.

Old Time Sports chose Solect because of the company’s focus, knowledge and expertise in working with businesses in Massachusetts to deploy smart solar energy solutions. “It was clear from the start that they knew their business inside and out,” co-owner and CEO Bob Magnuson said.

“It was a pleasure working with the team at Old Time Sports,” said Alex Keally, partner at Solect Energy Development. “They recognized right away that solar was a great choice for making their business more sustainable, and the economic model made it very attractive to deploy a system to cover 100 percent of their annual electric needs. They are a great role model for companies of all types that want to make a difference in the environment by reducing their carbon footprint.”

About Old Time Sports

Old Time Sports is a premiere apparel licensee of the National Hockey League™, manufacturing lifestyle apparel for all 30 NHL teams, the NHL Players Association, and the NHL Alumni Association under the Old Time Hockey brand. Learn more at www.oldtimehockey.com

 

American Alarm Gets Fired Up with New Solar Energy System from Solect

Company deploys 23.5 kW solar energy system, saves up to $11,000 annually

ARLINGTON, MA—June 18, 2014—American Alarm and Communications, New England’s largest independent security systems integration and monitoring company, has deployed a 23.5 kW solar photovoltaic (PV) system on the roof of its Arlington headquarters in partnership with Hopkinton-based Solect Energy Development. The system is expected to offset more than $3,000 in annual electricity costs and generate more than $8,000 in revenue from Solar Renewable Energy Certificates (SRECs), saving the company $11,000 annually.

American Alarm’s 30,000-square-foot headquarters houses administrative offices, a parts warehouse, and a 24-7 Security Command Center, which is the nerve center for the company’s customer security monitoring and service dispatch operations. Most of the company’s electricity is used for lighting, IT systems, communications systems, and security and environmental control systems.

“We wanted to do more to help improve the environment, and the current tax incentives make a compelling financial case for solar energy in terms of return on investment,” said Louis Sampson, chief financial officer for American Alarm. “The installation needed to proceed without disruption to our operations and to integrate well with our facility. Solect managed the entire project very well.”

American Alarm was able to take advantage of state and federal tax incentives, including SRECs, which solar system owners earn based on the amount of solar energy their system generates. SRECs are ultimately purchased by electrical utility providers in Massachusetts to help them meet their state-mandated goals of a percentage of power coming from renewable energy sources.

Solar is just the latest in American Alarm’s green initiatives. The company also has implemented paperless processes where possible, instituted recycling at its offices, upgraded most of its lighting fixtures to LED, and shifted its fleet to smaller, more fuel-efficient vehicles.

“American Alarm is the perfect example of a company that’s really doing its part for the environment, and their new solar system was the obvious next step for the company,” said Alex Keally, business development partner at Solect Energy Development. “The available incentives really were the icing on the cake, and the company will benefit from years of generating renewable solar energy.”

About American Alarm

Founded in 1971, American Alarm and Communications Inc. is a leading independent security systems integration firm in New England, with over 200 employees serving more than 22,000 residential, commercial and public sector customers. The company owns and operates a 24-hour Security Command Center (Underwriters Laboratories UL Certified Central Station) in Arlington, Massachusetts, solely dedicated to monitoring its customers’ security systems. From its offices in Arlington, Auburn and Randolph Mass. (Advanced Signal division), Manchester, N.H. and its Electronic Alarms division in Warwick, R.I., American Alarm companies protect all classes of property, from single-family homes to multi-site banks and retail operations, to major public and historic venues. For more information see www.americanalarm.com.