ALTA ENERGY ENABLES COMMERCIAL PROPERTY OWNERS TO IDENTIFY AND COMPLETE COST-EFFECTIVE SOLAR POWER INSTALLATIONS
- Category: Press Releases
07 May 2012
- Published on Monday, 07 May 2012 07:45
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San Mateo, Calif. – May 4, 2012 – Alta Energy has launched an objective solar analytics and procurement process to speed the growth of cost-effective solar power generation on commercial properties. As market and policy conditions fluctuate, Alta Energy enables commercial property owners to make clear, rational decisions about where, when and how to install solar power – and then complete these projects with the right vendors at the best terms. For solar vendors, Alta Energy provides the opportunity to bid on pre-qualified, viable projects and then successfully deploy solar systems. Alta Energy’s unbiased solar evaluation, ongoing monitoring of market conditions and ability to easily connect property owners with vendors will eliminate a major obstacle in the solar energy marketplace and get the right projects off the ground at the right time.
Sam Lee, CEO and Founder of Alta Energy, said, “Solar power lags behind its potential, partly because owners of commercial properties have enormous difficulty deciphering the complex data and constantly changing factors to identify cost-effective projects. Alta Energy establishes long-term relationships with owners of large-footprint retail, industrial and office properties to analyze their portfolios consistently over time so they can make sound solar investments over an appropriate planning horizon.”
“The Alta Energy business model is a terrific innovation for solar,” said Tom McCalmont, Chair of SolarTech and CEO of McCalmont Engineering. “Alta Energy can be truly objective because they are compensated only when there is a successful agreement that meets the needs of both the commercial property owner and the solar vendors. They give you a view of your entire portfolio, including property and market analysis, and comparative evaluation. Alta Energy brings together the accurate, relevant information and streamlined procurement process that enables smart decisions and successful projects.”
MATCHING COMMERCIAL SOLAR PROJECTS TO “BEST FIT” SOLAR VENDORS
Alta Energy’s portfolio analysis begins with the commercial property owner’s financial criteria, and encompasses each property’s characteristics, technology choices, financing options, incentive programs, installation costs and other interrelated factors. Once a “go solar” project is identified, Alta Energy presents standardized bids from multiple vendors who are qualified to complete that project. The property owner chooses the winning bid, contracts directly with the vendors and reaps the benefits of a successful project.
WE INVEST IN YOU, SO YOU CAN INVEST IN SOLAR
Alta Energy invites owners of multiple commercial properties – such as shopping centers, corporate campuses, warehouses, and industrial buildings – to receive an initial portfolio evaluation of their roof-top, parking lot and land assets that may be viable candidates for solar power.
Alta Energy also invites solar installers; integrators; engineering, procurement and construction contractors (EPCs); financing companies and other solar vendors to apply to become Alta Energy Partners. Costs to these partners will be zero unless a bid is accepted and the project is completed.
Learn more at www.alta-energy.com.