Seeking Alpha

MissionIR's  Instablog

MissionIR
Send Message
We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices. It is our unwavering commitment to connect the investment community with companies that have great potential and a strong dedication to... More
My company:
MissionIR
My blog:
MissionIR Blog
  • Real Goods Solar, Inc. (RSOL) To Power 18 California Schools 0 comments
    Apr 25, 2013 3:21 PM | about stocks: RGSE

    RGS Energy, the commercial and utility division of Real Goods Solar, will provide 18 schools and facilities in California's Stockton Unified School District Area with 5.1 megawatts (NYSE:MW) of solar-based power that will bring clean energy to those buildings. The installations are expected to save the district over $600,000 in the first year, with those savings hoping to help the district in other important areas.

    The agreement will allow the district to pay less for energy costs over the next 25 years, per the power purchase agreement with RGS Energy and Smart Energy Capital (SEC). The environmental benefits are not to be ignored, with the equivalent of 1,000 cars being removed from the road, due to the absence of carbon dioxide emissions from conventional lighting and power methods.

    "Going solar provides an exceptional real-world learning opportunity by reducing energy costs to free up funds that can be used to improve educational facilities and launch new learning programs for students," said SUSD Superintendent Dr. Steve Lowder. "We are proud to invest in renewable energy and set an example of environmental leadership."

    RGS Energy, which has operations centers in numerous states, including California, will be responsible for construction, maintenance and monitoring of the systems.

    "We have successfully deployed solar energy systems at many schools and academic institutions and are always impressed by the great value proposition that solar brings to the educational sector in particular," said Real Goods Solar CEO, Kam Mofid.

    For more information, visit www.RealGoodsSolar.com

    Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html

    Stocks: RGSE
Back To MissionIR's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.