Energy cost savings of $30,000 over 20 years
Dynamic Energy completed a PV solar installation at Eastern University in St. Davids, PA. Eastern University has entered into a Power Purchase Agreement where the university will pay for the power generated by the system at a rate less than what they currently paid to their utility. The roof-mounted solar array totals 55 kW, consisting of 234 solar panels, and produces an estimated 70,000 kWh of power annually. The system will assist Eastern University in hedging against rising electricity prices.
Dynamic Energy arranged the financing for the Power Purchase Agreement, while also providing full engineering, procurement, and construction for the project. The project was completed in December 2009.
Michael Perillo, CEO of Dynamic Energy