Key Equipment Finance, an affiliate of KeyCorp., has provided financing for the town of Superior, Colo., to obtain two ground-mounted photovoltaic solar systems. The solar panels will be installed by Louisville, Colo.-based Bella Energy, a full-service commercial solar integrator.
The PV systems will be installed at the town's water and wastewater treatment plants and are expected to produce more than 280,000 kWh of electricity per year, which represents more than 8% of the town's total electrical consumption. The town anticipates that it will reduce its utility bill by more than $14,000 annually and will receive $22,800 annually in renewable energy credits from Xcel Energy.
SOURCE: Key Equipment Finance