Greater Hudson Bank teamed up with OnForce Solar and the United States Department of Agriculture (USDA) to finance the construction and ongoing operation of a new solar array in the Town of Monroe, N.Y. The system is expected to be completed by October 2018.
“The Bank is pleased to partner with OnForce Solar and the local USDA office to bring sustainable sources of energy to our community,” explained Anthony Pili, Senior Vice President and solar lending specialist at Greater Hudson Bank. “As a local financial resource committed to local businesses, non-profits, and municipalities, it is an honor to serve a forward-thinking project such as this that will provide green energy and savings for Monroe residents for years to come.”
The new array, located at 813 Lakes Road, will be a 2-megawatt DC system that will save the Town of Monroe about $5M over the life of the system. All Bright Electric of West Nyack, NY is the electrical contractor selected for the project.
“Investing in renewable energy projects – like this one in Monroe – helps support home-grown energy sources, creates jobs, and continues to help our state and this community usher in a more energy secure future,” said Richard Mayfield, New York State Director for USDA Rural Development.
OnForce Solar completed a similar project in Rockland County, which was awarded the New York State Society of Professional Engineers (NYSSPE) Project of the Year Award in 2015. “After the success of our recent 2.4-megawatt landfill conversion in the Town of Clarkstown, we are excited to bring the same significant cost savings to the Town of Monroe and its residents,” said Charles Feit, owner of OnForce.
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