Aries Power makes money greener with 19.3-kW solar array on New York bank

Aries Power of Albany, New York installed 43 solar panels on the roof of Ulster Savings Bank‘s location in Red Hook. This solar initiative is part of the bank’s commitment to lessening its impact on the environment by incorporating sustainable and green business practices.

Aries Power recently installed 43 solar panels on Ulster Savings Bank’s Red Hook location.

It’s anticipated that the bank will have a 28% annual offset of electricity with this 19.3-kW system. Any surplus of energy produced will feed into the Central Hudson grid and be returned to the bank in statement credits. New York State provided Ulster Savings with a one-time credit through NYSERDA that helped offset any upfront costs.

Aries Power specializes in renewable energy development and services. Each of the 450-W panels has its own micro-inverter that allows for monitoring and troubleshooting on a cloud-based interface accessible by computer or cell phone.

News item from Ulster Savings Bank

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