Solar Power
Empower your business. Eliminate operating costs.
Overview
Invest in the future of our environment, decrease and stabilize your facility's operating costs, yield a visible ROI, and be a leader in your community.
Invest in the future of our environment, decrease and stabilize your facility's operating costs, yield a visible ROI, and be a leader in your community.
Investment
A solar project is an investment with rapid payback, attractive ROI, and a predictable cash flow stream. Producing electricity on-site will decrease overhead and reduce the impact of utility cost volatility. Investing in solar power is a hedge against rising electricity prices, which increase annually from 3-5%.
Incentives
Upfront costs can be significantly reduced through state grant programs and federal tax credit and depreciation. Rhode Island has one of the best feed-in-tariff or "FiT" incentive programs in the nation called the Renewable Energy Growth Program where the owner sells all generated electricity to National Grid at a fixed dollar per kilowatt-hour rate for a 20-year term. A FiT solar project with NPTRE turns your roof or land into a predictable source of revenue and tax benefits.
Responsibility
Become an environmentally sustainable business. Generating power at your facility, not only reduces your operating costs but reduces the nation's need for foreign energy. Money saved on electricity can be used more effectively to foster growth and create jobs. Be a leader in your industry by setting an example as an eco-conscious and forward-thinking company.
Roof Mount
Roof mounts are perfect for commercial spaces looking to use their existing roof structure as the foundation for your solar array. By installing rooftop solar on your commercial building, you'll end up taking less space on your property while simultaneously reducing the overall cost of your building's utility bill.
Ground Mount
Ground mounts are perfect for commercial or utility solar. The system is not confined to the dimensions of a roof nor would need to be removed if a roof needs replacing. The accessibility of a ground mount make them easier to maintain and clean. Due to system design and foundations, the arrays can withstand more difficult weather aversions, and cooler panel temperatures also mean higher energy output.
Carport
Solar carports or canopies are a great option for increasing value on space already in use. While you are lowering your operating costs or monetizing your property, your customers and employees are enjoying the benefits of shaded parking, protection from inclement weather, and even utilizing EV charging stations if installed. The visibility of carports also offers the advantage of enhancing awareness of your company’s green initiatives and efforts.
Newport Renewables' professionalism, timely completion, and the performance of the solar PV system were exceptional. I would not hesitate to recommend Newport Renewables to others.
Portfolio
