Solectria Renewables’ Commercial Inverters Power 1.2MW Installation in Fort Myers, Florida at Fleamasters Market

LAWRENCE, Mass.--(BUSINESS WIRE)--Solectria Renewables, LLC, the leading U.S. PV inverter manufacturer, announced today that SolarOne Florida, LLC chose Solectria’s PVI 60-95KW inverters to power the 1.2MW solar PV installation at Fleamasters Market in Fort Myers, Florida.

“SolarOne Florida, LLC has created a unique financing model to assist commercial businesses, such as Fleamasters, to take advantage of solar, save electricity costs and benefit from federal tax credits and depreciation”

Fleamasters Market is a 26 year old, 900,000 square foot retail sale property incorporating 1,000 retailers. Their electric bill averaged $300,000 annually prior to adding the 1.2MW rooftop array installation. Since the system was turned on, the system has reduced actual energy usage by nearly 90%.

“SolarOne Florida, LLC has created a unique financing model to assist commercial businesses, such as Fleamasters, to take advantage of solar, save electricity costs and benefit from federal tax credits and depreciation,” said Bob Montanaro, Southeast Regional Sales Manager, Solectria Renewables.

Annually, Fleamasters Market will produce 1,680,000 kWh which is equivalent to removing 1125.6 tons of CO₂, removing 136 cars, 116,041 gallons of gas, planting 840 trees or powering 14,383 light bulbs annually.

“Fleamasters sets an example for other commercial businesses to take advantage of the available Federal tax credits and accelerated depreciation while saving money and improving the environment. Without Solectria’s inverters and support, this project wouldn’t have turned out as successful as it did. Bob was a pleasure to work with and we’re looking forward to continuing our partnership with Solectria and introducing these products to other commercial businesses,” said Doug Griffin, CEO, SolarOne Florida, LLC.

Solectria Renewables is exhibiting at MiaGreen in Miami, Florida, January 31-February 1, 2013 in booth #721.

About Solectria Renewables, LLC
Solectria Renewables, LLC is the leading U.S.-based grid-tied photovoltaic inverter manufacturer. We offer residential, commercial and utility-scale inverters. Our versatile line of high efficiency products provide power solutions ranging from 1 kW residential systems to multi-megawatt solar farms. Solectria Renewables’ products are backed by more than 20 years of experience in the power electronic and inverter industries and are supported by world class warranties. All of our commercial and utility-scale PV inverters are manufactured in the USA, ARRA compliant, Ontario FIT Content Compliant, and listed to UL 1741/IEEE 1547.

To learn more about Solectria Renewables, please visit http://www.solectria.com.

About SolarOne Florida, LLC
SolarOne Florida, LLC was founded in 2010 as a solar design, engineering, installation and finance company focused on commercial solar systems. Their funding is used for both financing and leasing solar projects. SolarOne™ offers a state-of-the art proprietary financing program utilizing federal tax credits and accelerated depreciation which allows business owners to eliminate future rate increases, and recover their initial investment within 12-15 months. The balance is financed at a rate and term that provides a lower monthly payment than the existing electric bill.