Solar Monkey and Rainbow Sandals Announce Ribbon-Cutting Ceremony to Celebrate Rainbow Sandals Transition to Solar Energy
Posted: 09/02/2010 05:17 AM [Source: Solar Power News]
SAN CLEMENTE, Calif.--(BUSINESS WIRE)--Solar Monkey and Rainbow Sandals are pleased to announce a ribbon-cutting ceremony for the recently completed installation of a 245.7 kW roof mounted solar energy system at Rainbow Sandals Corporate Headquarters. The ceremony will take place onsite at 900 Calle Negocio, San Clemente, California at 10:30 a.m. on August 31, 2010.'''''' Jay Sparky Longley, President of Rainbow Sandals, understood that to truly make a difference starts with how a business operates. Therefore, he chose to take his business solar last year. Aside from the fact that this was truly an environmental decision, Rainbow Sandals quickly found that the solar energy project was also an economical investment. As a business, Rainbow Sandals qualified for a 30% Federal Tax Grant for the project and also qualified for SDG'Es production based incentive to help subsidize the $1.2M they had to pay out of pocket in order to construct the solar energy system.The completed system is poised to offset nearly 90% of the annual electricity usage at the Rainbow Sandals corporate headquarters. All that power is coming from 1,170 solar panels installed by Solar Monkey on the roof of the Rainbow Sandals building. After saving nearly $50k a year in reduced operating expenses, they will receive their initial investment back in roughly 5 years.According to Jay Sparky Longley, Solar Monkey provided us with outstanding service from our first meeting, throughout the entire construction of the project. They were extremely flexible during installation of the project and understood that we needed to continue operations as normal with minimal interruption to our business. We are thrilled with how the project worked out and are proud to be able to invest in something that is great for our business and the environment.Matthew McCullough, CEO of Solar Monkey, said, Rainbow provides a great example for businesses that want to make a change in how they impact the environment. Not only was this smart for reducing their carbon footprint it was also smart for their pocket book!The public is invited on Tuesday August 31st to help us inaugurate Rainbow Sandals transition to Solar Energy. Jim Dahl, Mayor of San Clemente, is scheduled to be on hand to offer a few remarks regarding Rainbow Sandals and to assist in the ribbon-cutting. Other notable attendees include staff from both Senator Wylands and Congressman Ken Calverts offices, SDG'E, Kyocera Solar, California Center for Sustainable Energy, and PV Powered. All local residents and businesses are welcome to attend. Ceremonies will commence at 10:30 a.m.
