HONOLULU – Bonterra Solar has completed the installation of a solar photovoltaic (PV) system at Simply Storage of Hawaii. The new system, powered by 298 PV panels manufactured by U.S.-based Solar World, will help the Iwilei self-storage company significantly reduce its energy costs.
In its first year, the new PV system is expected to save Simply Storage over $29,000 in electrical costs.
“With Bonterra’s no-money-down financing option we were able to cut our monthly electrical cost by 40 to 50 percent which has allowed us to increase our cash flow,” said Simply Storage owner Todd Middleton, who also hired Bonterra to install a photovoltaic system on his house. “In today’s tough economic times, cash flow is vital to a business’s success.”