Chelten House Goes Solar
Based in Bridgeport, New Jersey, Chelten House Products is a leading manufacturer of organic and all-natural sauces and salad dressings. EnterSolar developed an 877 kW solar PV system that was mounted on the roof of Chelten House’s 150,000 square foot state-of-the-art processing facility.
“Environmental sustainability is a core principal for us,” said Steve Dabrow, CEO of Chelten House, “and we are proud that more than 50% of our processing facility’s annual electricity requirements will now be met with clean and renewable energy generated from our onsite solar system.”
Solar Photovoltaic System Specifications & Environmental Benefits
The solar photovoltaic system includes over 3,650 individual 240 watt photovoltaic modules, three central commercial inverters, a hybrid roof mounting system and a data acquisition system that incorporates string-level monitoring capabilities.
The system will produce over 1,000,000 kilowatt-hours of electricity per year, representing over half of the plant’s current annual usage. This equates to the reduction of more than 1.3 million pounds of carbon emissions annually.
Significant Financial Returns through Solar
EnterSolar arranged a 10-year fixed price SREC contract for Chelten House that provides attractive and predictable incremental cash flow for the project, in addition to the significant savings from the reduced monthly electric bill. The project utilized Section 1603 Treasury Grant Program and the MACRS depreciation treatment further improved the project-level economics, providing a rapid payback and a robust long-term IRR.