Location: Northborough, MA
Industry: Commercial Real Estate
Solution: Rooftop Solar
Parsons Commercial Group (PCG) is a commercial real estate company based in Framingham, MA.
They partner with SVN Inc. (formerly Sperry Van Ness), an international real estate network with 1,200+ brokers, advisors, and staff in more than 200 offices across 500 markets.
As a reputed owner and operator of huge commercial buildings, the client explored options to increase revenue and reduce operational costs for its tenants.
They chose solar energy for its diverse environmental and financial benefits.
Parsons Commercial Group and two of its tenants at 35 Lyman Street in Northborough, MA — Active Logistics and ViewPoint Sign and Awning—partnered to install a 475 kW rooftop solar PV system for their shared facility.
A significant reduction in electricity costs
The produced energy covers 100% of the facility’s electricity needs enabling both clients to save significantly on their monthly energy expenses. Any “extra” electricity is transferred to the other properties owned by PCG via Net Metering to offset the energy costs incurred by the common areas. This project epitomizes how building owners and tenants can work together to achieve a clean, affordable energy solution.