Harold Levinson Associates Goes Solar
Harold Levinson Associates (HLA), a leading wholesale supplier that primarily serves convenience stores in the Northeastern U.S., partnered with EnterSolar to install a 1,660 kW rooftop solar system on its corporate headquarters facility in Farmingdale, New York.
Solar Photovoltaic System Specifications & Environmental Benefits
The HLA solar installation is made up of three discrete systems mounted on the roof of the 600,000 sf facility. The complete system, with a total capacity of 1,660 kW DC, includes over 6,500 individual 240 watt modules, three central commercial inverters, a ballasted non-penetrating racking solution and a string-level data monitoring system with an integrated commercial weather station.
The system is expected to produce close to 2,000 MWh of electricity annually, providing almost half of the facility’s current annual consumption. The environmental benefits of generating clean power are equivalent to removing 278 cars from the road per year or planting 308 trees.
Significant Financial Returns through Solar
EnterSolar provided a hybrid financing solution for HLA that takes advantage of two Long Island Power Authority (LIPA) solar incentive programs. The EPBB Program awards upfront rebates based on system efficiency and expected performance, while the Feed-In Tariff (FIT) Program provides an attractive and predictable cash flow during the initial 20 years after installation. With the available Federal Solar Incentives and MACRS depreciation treatment, HLA benefits from a rapid payback period and an attractive long-term internal rate of return.