P.A.R.C goes Green!
FOR IMMEDIATE RELEASE
Contact: Catherine Ashworth
Head of PR, Mark Group
Tel: +44 7595 963 694
catherine.ashworth@markgroup.co.uk
Mark Group Celebrates Installation of New Solar Power Projects for Passyunk Avenue Revitalization Corporation
- Eight Solar Power Installations Will Meet 80% of Property Electricity Demand –
Philadelphia, PA, January 9, 2012 – The Passyunk Avenue Revitalization Corporation (PARC), a non-profit neighborhood development and maintenance organization, in partnership with Mark Group, the leading global provider of professional energy efficiency improvements, announced today the start of the first of eight solar installations on Passyunk Avenue properties in South Philadelphia. The solar power systems will generate approximately 80% of the residential and commercial property’s electricity demand annually. Revenue generated from associated solar renewable energy credits will help fund additional green initiatives for the community over the next 10 years.
“Mark Group’s solar power solutions are perfect for a non-profit,” said Samuel Sherman, Jr., Executive Director for PARC. “These projects will help maintain the affordability of both retail and residential properties along Passyunk Avenue as well as help support another decade of sustainable community enhancement. Mark Group’s solar financing made this investment feasible for us by reducing the upfront cost by 63%.”
All eight roof-mounted systems will be installed on residential and commercial properties by May, 2012. The 39-kilowatt project is supported by Mark Group’s financing through Sun Run, as well as $85K in federal solar power incentives. Investment in individual properties will create neighborhood wide benefits, reinforcing the broader mission of the organization and PARC will also capitalize on the monetary value of the solar renewable energy credits (SRECs) once the systems are commissioned and generating power.
“Our energy efficiency and renewable energy solutions directly impact the local community here in the Delaware Valley, saving residents and business owners money on their utility bills,“ stated Jeff Bartos, Mark Group CEO. “It’s our business, but having employed over fifty members of the community and helped over 1,000 families in this region save money and live more comfortably just this past year, it doesn’t feel like work. Depending on usage, each PARC property can expect to pay $10 to $20 a month to PECO – that’s a significant cost reduction for the tenants. One of our main goals in 2012 is to increase awareness of the affordable energy efficiency and solar power solutions available to our community.”
For further information visit www.markgroup.com and www.passyarc.com
ends
About Mark Group
Mark Group is a leading global provider of energy saving solutions. Founded in 1974, the Group now operates in 27 worldwide locations and helps over 7,000 homes become more energy efficient every week. Mark Group services are tailored to meet the individual needs of home and building owners. For further information, visit www.markgroupusa.com.
Planting the Holiday Spirit on East Passyunk ave
The Singing Fountain, East Passyunk Avenue at the intersection of 11th and Tasker streets, has received a seasonal makeover with colorful and decorative trimmings.
Click Here to Read More...