solect.com
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Solect is a full service solar photovoltaic (PV) project developer based in Hopkinton, MA, helping customers assess, develop, and manage solar PV systems.
Like dozens of other Solect PPA Customers, the Town of Winchester became a member of PowerOptions, New England’s largest energy-buying consortium, to leverage its Solar and Storage Program procurement. The Town of Winchester wanted to add rooftop solar arrays to suitable town and school buildings to put our Climate Action Plan into action and also reduce energy costs. Together, Solect Energy and PowerOptions have reduced energy costs with over 80 solar or solar + energy storage projects to serve PowerOptions members including cities, towns, schools, state agencies, and nonprofits across Massachusetts. Products include rooftop and canopy solar energy systems, and solar energy storage systems that can provide electricity during power outages, and the ability to use stored solar when utility prices are at a premium.
As of December 21, 2020, Congress passed a federal spending package that extended the 26% solar Investment Tax Credit (ITC) for two years. Originally, the ITC was set to step down on the first of January 2021 from 26% to 22%, posing a significant 4% drop in tax incentives for those considering investing in solar. Congress’s decision to extend the 26% tax credit for solar and renewable projects is promising and highlights the U. S.’s ever-growing demand for sustainable, cost-effective energy sources. ” Included in the recently approved federal spending package is the Better Energy Storage Technology (BEST) Act, which for the next five years will provide meaningful funding to serve as the impetus for the expansion of energy storage research and development.
– PowerOptions, the largest energy-buying consortium in New England, has expanded its relationship with Solect Energy to offer large scale solar and storage to its members, PowerOptions CEO Heather Takle announced today. Municipal entities, schools, and nonprofits going solar through the PowerOptions/Solect partnership benefit from no capital investment, no ongoing operating and maintenance costs, and eliminates the competitive bidding process because PowerOptions has already undertaken the required steps on behalf of its members. Solect has earned the trust and confidence of PowerOptions and its members over the past four years, and we look forward to extending that strong working relationship to even more PowerOptions members,” said Solect Energy CEO Ken Driscoll. Under the PowerOptions Small Systems Solar Program, Solect has installed more than 80 projects totaling 15 megawatts of solar energy, saving tens of millions of dollars over the life of the agreement for cities, towns, schools, state agencies, and nonprofits in Massachusetts.
Solect Energy has completed the installation of a 300-kilowatt (kW) DC solar energy system on the roof of the Daniel L. Joyce Middle School at 55 Locust Street, Woburn Mayor Scott Galvin announced today. In addition, our 260 kW solar system on the Kennedy Middle School roof has generated over $30,000 / year in energy savings for the School Department,” said Mayor Scott Galvin. Solect Energy’s web-based monitoring application will be used by teachers as part of our STEM (science, technology, engineering and mathematics) curriculum,” said Woburn Public Schools Superintendent Matthew Crowley, Ph. D. Mayor Galvin and Superintendent Crowley also realized some time ago that solar is a fast way to achieve those savings, thanks to the efficiency of contracting through the PowerOptions Solar Program with Solect,” said Solect Energy CEO Ken Driscoll.