Mt Pleasant, MI, January 21, 2008 --(PR.com
)-- Nova Cable Activates First Commercial Solar Energy Sysytem In Area.
Nova Cable’s new 5 KW solar panel system to provide sufficient electrical requirements during work hours and the ability to sell excess electricity back to Consumers Energy.
Nova Cable Management Inc. headquartered in Grand Haven, MI recently activated its new 5 KW Mitsubishi solar panel system. The 30 panel system is mounted on the roof of the company’s warehouse located at 905 S. Mission in Mt. Pleasant, MI. The system will produce enough green energy to offset the building’s electrical costs and will sell excess energy back to the power company. The system is directly tied to the Consumers Energy grid so when electrical use is low and the solar output is high, Nova will be able to sell its green electrical power back to Consumers.
The system was installed by Nova personnel, local electric contractor Laser Electric, S.U.R. Energy Systems L.C. of Ann Arbor and the outside meters by Consumers Energy.
Nova plans to use the model as a test subject for future commercial systems. In addition to producing its own power, Nova will receive a 30% Tax Credit as part of the Federal Solar Tax Credit. Additional benefits include income from the Michigan Renewable Energy Exchange, the benefits of having a shaded roof, added real estate value, as well as the assurance of a fixed electricity cost for the next 25 years.
Additionally this type of project correlates well with the new Michigan House Bill #5218 introduced by Kathleen Law outlined in the “Michigan Renewable Energy Sources Act.” If adopted, this Act would provide revenue back to energy conscious businesses. The aforementioned project would receive $0.65 per kilowatt/hr. for excess energy output according to this new bill.
If you would like more information about this topic, or to schedule an interview with any of the participants please email or call Gary Van Volkenburg.
Contact: Gary Van Volkenburg 21 January 2008
Tel 616 690 3168