LightWave Solar installs solar for geothermal contractor Precision Air
WGNS News Radio – July 22, 2016
Last month LightWave Solar commissioned a 33 kilowatt (kW) solar system atop the offices of Precision Air, a local heating and cooling contractor who specializes in geothermal systems.
Precision Air is one of the latest Nashville-area businesses to install solar panels. While the decision to add panels was ultimately an economic one, solar aligns with their company’s passion for renewable energy, specifically geothermal.
“In 1998 we started pushing the ‘geothermal snowball’ to advance geothermal education,” says LaFrenier. “We went from doing home shows where people avoided eye contact and checked us out from afar, to events where people look for us and have done some research already.”
Geothermal heating and air systems consume much less energy than conventional HVAC systems since they use the constant temperature of the earth (about 55 degrees) as the exchange medium instead of the outside air temperature. They also last twice as long.
Not surprisingly, many people who are interested in geothermal are interested in solar energy, too. At around the same time as LaFrenier’s energy conscious customers began asking him about solar, LightWave Solar President Steve Johnson called Precision Air to inquire about a geothermal system for his home.
“We installed a geothermal system for Steve, and we have been referring folks to LightWave Solar for years,” says LaFrenier.
Last year Tony looked at adding solar to his newly renovated home, and after speaking with LightWave Solar, he realized that putting solar on his business made even more sense due to the additional tax benefit of MACRS accelerated depreciation, which comes on top of the 30% federal tax credit.
The 33kW rooftop solar system at Precision Air will just about eliminate the company’s electric bills. Precision Air participates in TVA’s Green Power Providers program in which TVA buys 100% of the solar electricity at the escalating retail rate for 20 years.
“We practice what we preach here, and solar makes a lot of sense for us, both financially and environmentally,” says LaFrenier.
To help other business owners understand the benefits of installing solar, LightWave Solar will present a Solar Workshop for Businesses on Wednesday, July 27 from 10:00 a.m.-11:30 a.m. at Smyrna Town Centre on Sam Ridley Parkway.
“The workshop will explain the financial case for commercial solar installations, including federal tax incentives that cover about 60% of system costs. “With a solar loan, many business owners see positive cash flow in the first year of system production,” explains Brian Bickel, Sales Director at LightWave Solar.
Need more information?
Representatives from regional bank BB&T will attend the solar workshop to help answer solar financing questions. To register for this free event, call 615-641-4050 or email [email protected]
- What: Solar Workshop for Business Owners presented by LightWave Solar
- When: Wed, July 27 from 10:00am-11:30am – Refreshments provided
- Where: Smyrna Town Centre – 100 Sam Ridley Parkway
- Register: Call (615) 641-4050 or email [email protected]