Energy cost savings of $580,000 over 25 years
Dynamic Energy completed a PV solar installation at RLS Logistics in Newfield, NJ. RLS is one of the region’s leading temperature controlled logistics providers. RLS has entered into a Power Purchase Agreement where the organization will pay for the power generated by the system at a rate less than what they currently paid to their utility. The roof-mounted solar array totals 257 kW, consisting of 935 solar panels, and produces an estimated 304,000 kWh of power annually. The system will assist RLS in hedging against rising electricity prices.
Dynamic Energy arranged the financing for the Power Purchase Agreement, while also providing full engineering, procurement, and construction for the project.
Anthony Leo, President & CEO of RLS Logistics