RGS Energy to Deploy Solar Power Systems for Yavapai County, Arizona
Contract Win Marks Company’s Second Multi-Site Project in Arizona
LOUISVILLE, CO, February 25, 2014 – RGS Energy (NASDAQ: RGSE), a nationwide leader of turnkey solar energy solutions for residential, commercial, and utility customers, has been selected to deploy solar power systems for the Yavapai County Facilities and Parks Department at the Yavapai County Superior Court and Detention facility in Camp Verde, Arizona.
RGS Energy will design and deploy the solar power systems, which will be installed on parking canopies at the Superior Court and next to the Yavapai County Detention facility. The project will total 791 kilowatts of solar power and is expected to generate a total of 1.2 million kilowatt hours annually. The company plans to begin construction in April of 2014 and finish in August of 2014.
“We selected RGS Energy to deploy these solar power systems in order to reduce electrical costs, leverage county land assets and improve the environment,” said Kenny VanKeuren, the director of Yavapai County’s Facilities and Parks Department.
By harnessing the power of the sun, the county expects to reduce the cost of electricity by more than $500,000 over 20 years. The system is also expected to eliminate more than 37 million pounds of utility carbon dioxide emissions or the equivalent of taking more than 3,520 gas-powered cars off the road (per EPA-based data).
“The Yavapai County project marks our second multi-site project in Arizona,” said Tim Seamans, RGS Energy’s general manager. “It also represents a strong endorsement of our comprehensive solar solutions as we look to further penetrate the state’s public and private sector.”
About RGS Energy
RGS Energy (NASDAQ: RGSE) is one of the nation’s pioneering solar energy companies serving commercial, residential, and utility customers. Beginning with one of the very first photovoltaic panels sold to the public in the U.S. in 1978, the company has installed more than 19,000 solar power systems representing well over 170 megawatts of 100% clean renewable energy. RGS Energy makes it very convenient for customers to save on their energy bill by providing a comprehensive solar solution, from design, financing, permitting and installation to ongoing monitoring, maintenance and support. As one of the nation’s largest and most experienced solar power players, the company has 17 offices across the West and the Northeast. For more information, visit RGSEnergy.com, on Facebook at www.facebook.com/rgsenergy and on Twitter at www.twitter.com/rgsenergy. RGS Energy is a trade name and RGS Energy makes filings with the Securities and Exchange Commission under its official name “Real Goods Solar, Inc.”
Cautionary Statement Regarding Forward-Looking Statements
This communication includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “believe,” “will,” “should” or comparable terminology or by discussions of strategy. While RGS Energy believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, the Securities and Exchange Commission’s failure to declare the Shelf Registration effective, RGS Energy’s ability to raise capital under the Shelf Registration in the future, realizing synergies and other benefits from the Mercury Energy, Inc. merger, introduction of new products and services, completion and integration of acquisitions, possibility of negative economic conditions and other risks and uncertainties included in RGS Energy’s filings with the Securities and Exchange Commission. RGS Energy assumes no duty to update any forward-looking statements.
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