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RGS Energy Deploys Solar Power System at New General Surgeons of Western Colorado Facility in Grand Junction, CO

Solar Project Expected to Offset Facility Electricity Costs by More Than 70%

 

LOUISVILLE, CO, Dec. 2, 2013 – RGS Energy, a nationwide leader of turnkey solar energy solutions, and General Surgeons of Western Colorado today announce the completion of a new 40 kilowatt (kW) solar power system at the new General Surgeons of Western Colorado facility built by FCI Constructors. The energy produced by the PV system 40 kilowatts (kW) and is expected to generate approximately 60,000 kilowatt hours (kWh) annually.

RGS Energy designed, installed and will monitor and maintain the solar power system. The project involved the deployment of 160 solar modules on the rooftop of the new General Surgeons of Western Colorado facility. Construction was completed in early November and the system turned on November 22, 2013.

“The surgeons wanted to care for the environment by choosing renewable energy for their new building. Working with RGS was easy. They helped us design an efficient system that would maximize our energy savings while helping the environment,” said Carla Blue, Practice Administrator.

“RGS Energy was selected by General Surgeons to provide and install a photovoltaic system. The system was installed on time and without any issues. It would be FCI’s pleasure to work RGS again,” said Stan Kiser, Project Manager at FCI Constructors.

By harnessing energy from the sun, General Surgeons of Western Colorado expects to offset the facility’s’ costs of electricity by at least 70%. It is estimated that they will recoup their initial capital investment by year five, while eliminating more than 475,000 pounds of carbon dioxide emissions or the equivalent of offsetting more than 24,000 gallons of gasoline (per EPA-based data).

“General Surgeons of Western Colorado’s new facility is an important addition to the Grand Junction community, and they have demonstrated financial and environmental awareness. This solar array will not only offset their electricity costs, but will add monthly revenue through the sale of renewable energy credits, as well as increases the overall value of the real estate and organization,” said Justin Pentelute, RGS Energy’s president of residential and small commercial systems. “We’re proud to create another strong partnership in the Grand Junction area.”

About General Surgeons of Western Colorado

General Surgeons of Western Colorado strives to advance the art and science of medicine, adhering to the principles of conscientious care for patients and fulfilling responsibilities to the community we serve. It provides laparoscopic and minimally invasive surgery for the residents of western Colorado. General Surgeons of Western Colorado specializes in all aspects of General Surgery including colon, rectal, endocrine, surgical oncology, trauma and advanced laparoscopic surgeries. The physician group covers referrals from all of Western Colorado and Eastern Utah. Surgeons work in conjunction with primary care physician and with any other specialists required for patient care. Website: http://www.coloradosurgeons.com

About Real Goods Solar and RGS Energy

Real Goods Solar, Inc. (NASDAQ: RSOL) 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 16,000 solar power systems representing well over 110 megawatts of 100% clean renewable energy. Real Goods Solar 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. It services the commercial and utility markets through its RGS Energy division. For more information, visit RealGoodsSolar.com or RGSEnergy.com, on Facebook at http://facebook.com/realgoodssolar and on Twitter at http://twitter.com/realgoodssolar.

Forward-looking Statements

This press release 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 Real Goods Solar 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, introduction of new products and services, completion and integration of acquisitions, the failure to close the Mercury acquisition, possibility of negative economic conditions, and other risks and uncertainties included in Real Goods Solar’s filings with the Securities and Exchange Commission. Real Goods Solar assumes no duty to update any forward-looking statements.

Media and Investor Relations Contact

Lauren Parker
RGS Energy
303.222.8373
Lauren.Parker@realgoods.com

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