Solar Project to Save Central School District $6 Million

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Central School District Awards PsomasFMG Contract to Install Solar on All 7 District Schools

PsomasFMG, LLC, the leading solar developer for Southern California K-12 schools, and the Central School District today announced a partnership to develop a 1.56 megawatt (MW) solar system at all seven (7) of the district’s schools. The solar system will offset 75% of energy used by the schools, reducing the District’s electricity bills, and consumption from Southern California Edison, totaling approximately $6-7 Million in savings over 25 years.

Additionally, the solar project will create cleaner air for students and the community by reducing tons of carbon pollution over the next 25 years—which is equivalent to taking 2,890 cars off the road or planting 24,540 trees.

PsomasFMG will design, finance, build and operate the system through a 25-year power purchase agreement (PPA), which enables the school district to ‘go solar’ with no upfront costs. The project is currently in the design and engineering phase.

“We are always pleased to work with a school district like Central, that puts their kids first,” says Paul Mikos, President of PsomasFMG. “The money saved by choosing a green, renewable energy source will be directed to the students’ education.”

About PsomasFMG
Based in Huntington Beach, CA, PsomasFMG provides turnkey solar solutions to its clients by utilizing a combination of engineering expertise, private investor financing, and federal and state subsidies. In 2010, the company completed the largest operational school solar system in Southern California, a 9.6 MW project across 10 schools in the Antelope Valley Union High School District. The company has also completed over 35 MWs of projects for the County of Orange, as well as other multi-campus school districts in Los Angeles County including Redondo Beach Unified School District, Palmdale, William S. Hart, Wilsona, and Hughes-Elizabeth Lake. Additionally, the company is under contract to develop another 12 MWs of projects for Chaffey Joint Union High School District, San Gabriel Unified School District and Central School District. For more information contact Paul Mikos at (714) 465-4904 or visit http://www.PsomasFMG.com.

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Paul Mikos
PsomasFMG
+1 7144654904
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