Location: Southbridge, MA
Industry: Commercial & Industrial
Solution: Rooftop Solar
349 kW
solar capacity
13%
savings & revenue
Established in Southbridge, MA, over 100 years ago, Hyde Tools has grown from a cutlery manufacturer to a producer of hand tools for remodeling and home repair.
Challenge
Hyde Tools has significant costs associated with its electricity consumption as a manufacturer. Besides cost control, they were motivated to highlight their sustainable commitments.
Solution
Hyde Tools partnered with Solect to install a solar PV system on their roof, using the innovative TenK solar panels specially designed to mitigate the loss of production due to shading.
Results
A 13% reduction in electricity costs
Hyde Tools is now offsetting 13% of its annual electricity costs, besides having earned a significant package of state and federal incentives while continuing to earn SRECs. They have also created additional employment opportunities with the help of their savings, alongside contributing to a cleaner economy.