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December 5, 2007 – Vol. 12 No.37 Appalachian Energy to Convert 33 Arby’s Restaurants to Solar Thermal Energy. Franchises in North Carolina owned by The Winning Team will switch from conventional natural gas hot water heaters to solar powered hot water heaters with no up-front capital cost. A total of 132 solar panels will produce hot water for the restaurants, even on cloudy days. Appalachian Energy’s engineers monitor the system online from their North Carolina headquarters. The solar hot water heaters will be installed under Appalachian Energy’s RESCO (tm) Division (Renewable Energy Service Company) allows organizations to acquire cost-saving solar energy systems with no up-front investment. RESCO designs and installs the solar system and continues to own and maintain it. There are no maintenance costs. Price for hot water, heating or cooling is locked in for a fixed term of up to 20 years.
The Winning Team will be cutting its bill for natural gas by approximately $12,000 annually, and reducing greenhouse gases by around 100,000 pounds through the RESCO program. Appalachian Energy is a clean energy developer, manufacturer and generator located in the Southeastern United States, providing cost-effective renewable energy solutions for homes and businesses with solar heating, cooling and power generation systems. (12/3/07) Links: Appalachian Energy
Disclaimer, Forward-Looking or Safe Harbor Statement on original press release: No
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