17 Jun '11, 3pm

Insurance Company Sees Big Savings From Energy Investments

Andrew Shields, assistant secretary and director of facilities services, expects long-term energy cost savings for the company to result from the solar project. “Because the system will generate about 15 percent of our annual energy needs at a fixed cost, we expect both cost savings and protection from rate increases on some of our power costs,” he noted. “In fact, we expect to re-coup our overall investment within the first seven years of operation.”

Full article: http://www.environmentalleader.com/2011/06/17/insurance-c...

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