Northridge Assisted Living Center Utilizes RED Grant for Solar Install
A Greener Future for Southwest Oregon Seniors
Medford, OR -- February 20, 2013 -- Northridge Assisted Living Center, a 55-unit senior living care facility in Medford, Oregon, announced today the installation of 204-panel photovoltaic (PV) solar system. Awarded the first Renewable Energy Development (RED) grant in Southwest Oregon by the Oregon Department of Energy, Northridge completed and commissioned the $195,000 system in late January 2013.
Having applied for project grants three years ago, Northridge was unsuccessful in its previous attempts to obtain energy incentives for this installation. However, Lake Oswego-based NW Photon Energy, a solar design and installation contractor, applied for and was awarded the RED grant on Northridge's behalf in early July 2012. Under the ODOE's Energy Incentives Program, renewable energy projects qualify for up to $250,000 not to exceed 35 percent of the total eligible expenses.
Les Connell, President of Northridge Assisted Living Center, believes that Northridge had a favorable advantage in the award process because the Medford area gets a lot more sun than its neighbors to the north. "We're also an affordable housing center built with tax-exempt bonds issued by Oregon Housing and Community Services," said Connell.
The RED grant covers 35 percent of the upfront costs while federal tax credits, spread over the next five years, will cover another third of total project costs. The remaining third is out-of-pocket with a significantly short payback period of less than five years according to Connell.
Kirk Cameron, President of NW Photon Energy, said that the 50 kilowatt system will generate up to 75,000 kWh of electricity annually which will offset Pacific Power's utility meter. "We anticipate that Northridge will see a 20% reduction in their annual energy bill that runs approximately $36,000.
Cameron, a member of the Oregon Health Care Association (OHCA), says this is the third senior or assisted living facility in Oregon for which his company has installed solar (PV) systems - including Rosewood Specialty Care and CherryWood Village.
"With the growing senior resident population at assisted living communities, energy costs are increasing as well," notes Cameron. "Northridge is a great example of a senior living community that implemented solar not only to decrease their energy costs and remain long-term financially stable but choose to sustainably support their daily operations."
Cameron adds that healthcare facilities have a significant economic and environmental impact on their surrounding community. Because these facilities are built for caring, they need to extend this caring approach to the larger world through sustainable building and operations. "NW Photon Energy is here to help meet these facilities' sustainability initiatives."
About NW Photon Energy
NW Photon Energy of Lake Oswego, Oregon, is an active provider, designer, installer and financer of turnkey photovoltaic (PV) solar electric and solar thermal systems on the West Coast. They offer a full range of services in connection with the planning, development, implementation, operations and financing of commercial and utility scale solar applications. NWPE is an approved Energy Trust Trade Ally.
For more information, please contact:
Kirk Cameron, President
(503) 697-4482 Office
(503) 703-4046 Cell
|About Us - Products - Gallery - News - Contact CCB # 188056|