Tuesday, March 9, 2010

Pro-Tech Energy Solutions launches turnkey energy services company

BRANCHBURG, USA: Barry I. Skoultchi, P.E., has announced the formation of Pro-Tech Energy Solutions LLC, a self-funded turnkey energy services company offering a wide array of energy efficiency upgrades and renewable energy offerings to the Mid-Atlantic region's commercial facilities looking to save money on utility costs.

As a complete turnkey company, Pro-Tech customizes the appropriate financing package to optimally balance each customer's resources, expectations and return on investment while maintaining direct control over the entire design and construction process.

This service approach not only assures the client their project will be executed with the highest attention to detail but also an unsurpassed standard of quality in the company's five specialty areas, which include:

* Energy efficiency evaluations and recommendations based on energy monitoring.
* Photovoltaic (PV) system design, engineering, and installation.
* Energy monitoring selection, installation and system commissioning.
* Management and coordination of state and federal grant applications.
* Assistance in the long and short-term management and sale of Solar Renewable Energy Certificates (SREC).

"The upfront costs of installing energy-saving upgrades, such as solar panels and efficient lighting, present a daunting barrier to entry for public and private commercial property owners, especially schools and other municipal–run facilities," said Skoultchi, Pro-Tech's President.

"Recognizing this market inefficiency, Pro-Tech is creating a paradigm shift within the industry by allowing clients to make investments in energy upgrades with no upfront costs. This is possible by creating customized funding plans that maximize available federal, state and local rebates, tax credits and other incentives, augmented by funds secured by Pro-Tech."

The company's five partners, Gary Chernowetz, John Drexinger, John Martin, Paul Shust and Tom Ryan, draw upon decades of experience to provide Pro-Tech customers with true turnkey services in this emerging field.

"As the US undertakes an unprecedented ramp-up of efficiency funding, offering $25 billion in energy efficiency programs through federal stimulus funds, companies nationwide are prospering from increasing energy efficiency and installing renewable energy, even in challenging times," said John Drexinger, Principal, Pro-Tech Energy Solutions.

"But building this new energy economy requires private investment and a new way of doing business. Pro-Tech is leading the way with its self-funded financial model that provides direct access to much-needed capital funds."

Individual client savings vary depending on a number of factors including local energy rates, type of facility, hours of operation and level of business activity. The company's self-funded model allows clients to minimize financial risks by paying a portion of the savings results over the contract term.

"Existing buildings consume more than 70 percent of electricity and produce more than a third of the greenhouse gas pollution in the US," said Drexinger. "We believe our finance model will help streamline the market and enable the rapid adoption of energy efficient upgrades. It is Pro-Tech's mission to help our clients understand that financial resources exist to help make energy upgrades as good for business as they are for the environment."

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