—Sutherland Packaging, a packaging company based in Green Township, N.J., has completed the installation of a 612-kilowatt rooftop solar photovoltaic (PV) system installed by GeoGenix, a provider of commercial and residential solar installations in the mid-Atlantic region.
Designed, engineered and installed by Old Bridge, N.J.-based GeoGenix, the system is housed on the first level of Sutherland’s 90,000-sq.-ft. headquarters at 254 Brighton Road. The property, which contains, warehouse and distribution spaces, will have approximately 50 percent of its electricity offset thanks to the new PV system.
The solar system for Sutherland Packaging was installed under a Power Purchase Agreement (PPA), a third-party financing model that allows property owners receive solar installation without any upfront costs. The PPA provider, Hudson Energy Solar Corp., will own and operate the system and sell the electricity to the host at a discounted rate.
Under the PPA agreement, Hudson Energy Solar Corp. will retain ownership of the system for 15 years, at which point Sutherland Packaging has the option of assuming ownership of the system.
The system itself contains more than 2,548 panels, which will produce 630,000-kilowatt hours of electricity.
Sutherland Packaging was founded in 1964 and manufactures corrugated boxes and product displays.