Chemetal
Chemetal is one of the world’s largest sources of metal designs and laminates for commercial and residential building projects. The 50 year-old, family-owned business has a strong commitment to green practices. Many of its metal products are made entirely of aluminum, the most recycled material on the planet. Some of its aluminum finishes contain up to 85% recycled content, offering builders and architects LEED (Leadership in Energy and Environmental Design) credits. LEED is the most widely used third-party verification for green buildings.
Challenge
Chemetal was already dedicated to other green practices, and having recently doubled the size of their facility they recognized adding solar to their new roof as a real opportunity to offset the new operating costs.
Solution
Solect carefully examined Chemetal’s energy usage patterns and other factors in order to design the optimum solar energy system. Solect then worked to make sure that Chemetal would achieve maximum ROI through the myriad of solar incentives.
Results
33% reduction of electricity costs
Chemetal is projected to save approximately $25,000 annually on its electricity bill, and is able to take advantage of state and federal tax and financial incentives, including SRECs (Solar Renewable Energy Certificates), which are financial incentives based on the amount of solar energy the 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.