Our latest commercial installation
Richard J. Daley College
Through a competitive bidding process, VLV Development was awarded a contract to install solar panels on the newly resurfaced roof of Richard J. Daley College. The 100 kW system will help reduce electric usage and costs for the City Colleges of Chicago. The installations will also serve as a learning lab for Daley College professors to teach students about clean energy.
The new energy system will produce more than 117,000 kWh of clean electricity annually, offsetting nearly 200,000 pounds of CO2 or 80.7 Metric Tons per year. That’s equal to the annual greenhouse gas emissions from 17 passenger vehicles!
The installation of 400 modules covers approximately 13,000 square feet of roof on the south side of the building at 75th Street and Pulaski Avenue.
LOCATION: 75th St & Pulaski Ave, Chicago
CO2 AVOIDED: 80.7 Metric Tons/yr
EQUIVALENT TO: 17 cars removed
From small businesses to Fortune 500 corporations, VLV Development has a commercial solar energy solution that will meet your needs. We serve:
- Small & Medium Business
- K12 & Higher Education
- Enterprise Business
- Federal Government
Why commercial solar?
Transitioning to solar energy for your business or institution provides myriad benefits, ranging from reduced costs to creating a progressive, forward-thinking image for your enterprise. Other benefits of commercial solar include:
1. Protects your business from rising electricity prices
Utility companies are dependent on fossil fuels such as oil, coal, and natural gas, which are nonrenewable and vulnerable to volatile foreign markets. By switching to solar power, you can lock in low, predictable electricity costs. And as utility rates continue to increase, your savings will grow rather than decline.
2. A low risk, secure investment
Commercial PV systems result in a typical payback of 5-7 years and a return on investment in excess of 15%. The expected life of a solar power system is over 25 years, which ensures the continued generation of electricity well after the initial investment has been paid back, meaning more money for you and your business.
3. Systems are custom designed for your facility
Our solar power system proposals are custom designed for your facility, taking into account considerations such as current electricity usage, existing electrical infrastructure, roof structure and area, and potential roof shading.
4. Increased property value through lower overhead costs
A commercial solar system reduces the electricity overhead cost of the facility, which is a significant expense for most institutions. This reduction in electricity overhead cost results in increased property value when it comes time to sell.
5. Creates a visible statement of your commitment to sustainability
A solar photovoltaic system installed on your facility is a highly visible statement of your commitment to environmental and public health. This can result in a progressive image that enhances the trust of your clientele and your institution’s stakeholders. Community engagement can be further enhanced by the installation of our optional monitoring system, which monitors the live energy usage of the facility and solar output, and can be viewed both online and through the onsite display.
6. Receive solar energy incentives
Solar tax incentives provide compelling financial reasons to go solar. In 2009, the US government raised its federal tax credit for energy efficiency improvements to 30%. If you qualify for additional state and local incentives, you could save almost 50% on the cost of a solar system from VLV Development.
7. Low maintenance investment
VLV Development uses only accredited designers and installers. Kyocera Solar, a Tier 1 panel manufacturer that has been manufacturing solar panels for over 40 years, supplies our panels. Other products, including inverters, mounting equipment, and cables are sourced from manufacturers that have obtained relevant accreditation, including IEC, CEC, and AS. All manufacturers offer a minimum of 5-10 year warranties, which can be extended upon request.