“As landlord/managers of an affordable property, with limited profit potential, it is critical for us to seek ways to lower operating expenses while maintaining the quality of life for the residents,” Gary Friedland said. “As COO, I needed proof that a new solar installation was a smart investment on this 50+ year-old, affordable apartment complex. I needed the right firm, with the right product; to be able to analyze the prospects of such a system and then show me how Wilder Balter’s operating costs at this property could be lowered. We called on Sunrise Solar Solutions, of Briarcliff Manor, NY who had worked on other projects with us.”
Doug Hertz, a partner at Sunrise Solar, met with Friedland and the Wilder Balter team to show the current incentive programs and explain how the system could be designed to cover most of the electric costs for the common space meter. As Sunrise Solar explained, 2011 and 2012 are the best years yet for the planning and implementation of commercial solar system. The Federal government is offering a 30 percent Investment Tax Credit or Grant in lieu of the tax credit. New commercial solar systems that are in contract in 2011 may be installed in 2012 and still qualify for these grants. Another inensitves comes from the Long Island Power Authority (LIPA), who offers a large rebate program. The LIPA Solar Entrepreneur Program pays 30-40 percent of a commercial solar system (in other parts of the state, NYSERDA is also offering comparable programs) .A new accelerated depreciation program allows for 100 percent depreciation for 2011. After the rebates and grants, a company may depreciate more than they actually outlay.
The system returns are completely front-loaded for 2011 and 2012 and the Return on Investment (ROI) is in double digits. In the first year alone, the new system will save Wilder Balter nearly $12,000. As the cost of power escalates at a much greater rate than that of core inflation, the returns will also increase exponentially.
“The level of sophistication of the financial data that Sunrise Solar presented and their ability to navigate the various federal, state and utility programs to help us analyze the project and maximize our return made it even more appealing,” said Friedland.
Sunrise Solar procured all the permits, interconnection agreements, electrical design and the electrical and building permits. Additionally, Sunrise Solar worked with the roofer, roofing manufacturer, architect and engineer to assure that all warranties will remain effective.
Sunrise Solar’s 50 KW (kilowatt) installation features 212 Conergy P panels and 212 Enphase Energy microinverters. “We only use panels from major manufacturers with a proven track record in solar,” remarked Sunrise Solar Solutions President, Doug Hertz. “We design systems to last for 25 years or more and want to make sure the firms will still be around to stand behind their products.”
Sunrise Solar installed the versatile Conergy P series panels, which give balance of reliability, efficiency and value. The 235 watt panels, with their high yields and long-service-life design, were the right fit for Woods Edge Apartments, and are certified to ISO 9001 international quality standards.
Dedicated to using the most technologically advanced products, the Hempstead installation features Enphase Energy micro-inverters in a 208 volt/3 phase configuration. These micro-inverters are attached directly behind each solar panel, not in strings, as would typically be found in an older style system. This more reliable set-up delivers 5 percent to 10 percent more electricity per panel and harvests more total energy than a traditional solar system. The system eliminates the possibility of a single point of failure and is safer, as there is no longer any high voltage DC. Each Enphase inverter also collects and transmits performance data from each solar module allowing Sunrise and Wilder Balter to monitor and manage their solar system 24 hours a day. “We make claims we can back-up,” said Hertz. “By delivering the ability to view the performance of every panel we have installed and have our clients see the same thing, we have total transparency and a better system. By installing Enphase micro-inverters on all our commercial and residential systems, we lower operating costs, increase reliability, and produce more energy. Adding the fact that our products have the longest warranty in the business, a 100 percent up-time guarantee and are safer, our technology sets us apart from the pack,” Hertz added.
Managing Partner, Bill Balter of Wilder Balter said, “We have worked with Sunrise Solar on other occasions and they continue to prove their professionalism with innovative system design and best practices that set the bar in their field. The service they provide and the proficiency they demonstrate working with government, utilities, architects, roofers, manufacturers and all of our staff makes them a unique and smart choice as a partner. Continuing our green and sustainable mission, saving money and being able to actually add energy back to the grid in an already energy-challenged area furthers our responsibility as good neighbors and landlords.”
Sunrise Solar Solutions LLC is the sister company of 25 year old Sunrise Building and Remodeling of Briarcliff Manor. Sunrise Solar Solutions designs and installs solar systems for the commercial and residential market in the tri-state area. Sunrise Solar is certified by NYSERDA, NYSEIA, ISES and ASES. For more information visit sunrisesolarllc.com
Wilder Balter Partners' specialized skills in affordable, market-rate and luxury housing are derived not only from over 25 years experience, but also from its ability, within a single organization, to provide for the entire housing process, including: site selection; community consensus building; planning and zoning; government loan/grant processing; design and construction; and, finally, marketing, sales, management and syndication. WBP has also developed housing opportunities, including affordable housing, through joint ventures with nonprofit and for-profit sponsors, and with several lenders who have turned to WBP to resurrect foreclosed condominium projects into successful rental housing communities. In addition, WBP and Griffon have been selected as the developer/contractor by five city or county governments, and state housing agencies, to develop or rehabilitate housing in their communities. For more information visit wbhomes.com
Source: Sunrise Solar Solutions