The Hunts Point Restaurant Depot facility belonging to Jetro Cash and Carry in the Bronx is now home to a 1.56MW rooftop PV solar project consisting of 4,760 panels -- making it the largest rooftop array in New York City. The wholesale cash and carry foodservice supplier's array is projected to generate over 1.8 million kilowatt hours of electricity annually, covering 45% of the building's electricity costs and enabling the company to save $220,000 annually.
The installation is expected to offset approximately 1,200 tons of carbon dioxide emissions per year, the equivalent of removing almost 7,000 cars from New York's roads over the next 30 years.
Ross Solar Group designed, engineered, and installed the 1.56MW system, and SunPower (NASDAQ: SPWR) supplied the panels for the project. According to Ross Solar, the solar installation is the first to integrate a supervisory control and data acquisition (SCADA) system that allows Con Edison to remotely monitor and control the system. The SCADA system adds an enhanced level of resiliency to Con Edison's grid, helping to protect the utility's customers from power outages such as those that occurred during Hurricane Sandy.
The solar system installation was made possible through awards that Ross Solar received from the New York State Energy Research and Development Authority (NYSERDA) through Governor Cuomo's NY-Sun initiative. Yesterday, Governor Cuomo announced that $30 million is available through NY-Sun’s Competitive PV Program to stimulate other large-scale solar and biogas projects in New York City and the Hudson Valley.
"The Jetro project demonstrates that large solar installations are viable in New York City, and we hope to see other businesses follow their lead," said New York Governor Andrew Cuomo. "The smart grid employed here is exactly the kind of innovative solution that New York State needs to increase the resiliency of the grid and protect residents from power outages."
"We considered a solar project for several years, but we wanted to make certain that it made financial sense for us as a company, and that the returns met our requirements," said Jetro Vice President Peter Claro, "Ross Solar Group's willingness to work within our specific guidelines, as well as their commitment to quality and full transparency, were strong factors in our decision to move forward."
Electricity costs represent the single largest operating expense for many companies, and thus more and more companies are making the smart move to go solar. Investing in solar enables them to improve their bottom line and stay ahead of competition. Therefore, in today’s increasingly competitive business environment, solar means business.
Recently, California-based SunWest Fruit Company announced plans to expand its current 1MW rooftop solar array with a 1.9MW addittion after experiencing firsthand the benefits of solar on its electricity bills. The addition will bring the company's total offset of electricity to approximately 70%.
Last month, Bishamon Industries Corporation's factory in Ontario, California installed a 219kW PV system, which is expected to reduce the facility's electricity costs by 75%.
These are just a few of the many companies reducing their costs by going solar.