Real Goods Solar
LOUISVILLE, Colo., April 24, 2013 (GLOBE NEWSWIRE) — RGS Energy, the commercial and utility division of Real Goods Solar, Inc (Nasdaq:RSOL), and Smart Energy Capital (SEC), will provide Stockton Unified School District (SUSD) with 5.1 megawatts (MW) of solar power that will bring clean energy to 18 SUSD schools and facilities in California. The solar installations are expected to save the district $600,000 in the first year, which will directly benefit school programs and services district wide.The district pays less for solar electricity through the 25-year PPA. SEC, a leading solar developer, provides this agreement. These photovoltaic systems benefit our environment significantly. They eliminate over 290 million pounds of carbon dioxide emissions annually. That’s like removing 1,000 cars from California’s roads each year! The EPA calculator confirms these impressive numbers. I’m thrilled to see solar making such a meaningful impact on our carbon footprint.
Go Solar
“Solar reduces energy costs. This frees up funds for educational facilities. It creates new learning programs for students,” says SUSD Superintendent Dr. Steve Lowder. “We invest in renewable energy. We set an example of environmental leadership.”
Let’s talk Real Goods Solar! First, SUSD teams up with RGS Energy and SEC. Then, they eliminate upfront costs completely. Meanwhile, solar electricity costs less than utility power. Additionally, RGS Energy runs operations across multiple states, including California. Furthermore, they handle all construction work. Moreover, they manage ongoing maintenance. Finally, they monitor all systems continuously. Therefore, schools save money. Consequently, our planet benefits too. Indeed, this partnership creates the perfect educational win-win!
Stockton Unified Went Real Goods Solar
Stockton Unified now joins other school districts benefiting from California’s Net Metering policy. First, this policy credits schools for surplus clean energy. Next, their systems send this extra power to the grid. Meanwhile, SUSD solar provides clean electricity during daytime hours. Consequently, schools need less expensive peak power. Therefore, utility production costs drop significantly.
“We have deployed solar systems at many schools,” says Real Goods Solar CEO Kam Mofid. “Furthermore, we’re always impressed by solar’s value to education. Indeed, RGS Energy helps Stockton Unified achieve fiscal responsibility. Additionally, we support their educational excellence. Finally, we enhance their environmental stewardship.” In fact, this partnership transforms how schools power their future!
Project Details
The project is comprised of more than 17,000 solar panels that will sit atop parking lot carports on the campuses, including the district’s four comprehensive high schools. Providing both shade and solar power, these installations will also afford students with firsthand demonstrations of how solar technology works, and of solar energy’s benefits to the classroom, where students can view the school’s real-time energy production through online monitoring.
RGS Energy, who has designed and installed nearly 50 MW of solar power on schools, universities and colleges across the nation, expects to complete the project – valued at approximately $20 million – in 2013 and 2014.
About Stockton Unified School District
Stockton Unified School District, headquartered in Stockton, California. It is also made up of elementary, high and specialty schools that service the majority of Stockton students.
Sources: Smart Energy Capital, LLC ( )
RGS Energy / Real Goods Solar, Inc. (RSOL) For more information, visit RealGoodsSolar.com or RGSEnergy.com.
