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Cardoza Flooring

A flooring company has built a solar system to offset 100% of their electricity at both their showroom and their distribution center in Milford, NH.

Cardoza Flooring wanted to offset 100% of their electricity at both locations. An initial analysis proved the showroom to be ineffective for solar production. However, the distribution facility had plenty of roof space for a solar array to support both locations. By leveraging New Hampshire’s Group Host regulatory requirements, system installer Genie Solar Energy, was able to build a system supporting Cardoza Flooring’s goals.

With their new rooftop solar system, Cardoza flooring will offset the equivalent of 2,065,391 pounds of coal, 4,619,224 miles not driven by cars, and 14 houses a year for 25 years.

Cardoza wasn’t sure he wanted to go solar, but after discussing the incentives with a customer, he realized that it would provide long term stability to the budget. “Between the NH rebate we qualified for, the SRECs, and federal incentives, we were able to achieve financial goals while limiting the operating expenses as I pass the business down to my children. This project will be a part of my legacy in this business as my kids take over operations,” said Mike Cardoza, owner.

Genie Solar hopes to work with more businesses in New Hampshire to realize declining solar prices, state and federal incentives, and mitigating the risk of rising electricity costs through the utility. “Cardoza Flooring had an ideal roof for solar at their distribution center, but higher electricity costs at their retail location. By leveraging the Group Host policy, we were able to offset 100% of their electricity for the next 25+ years – reducing one of their largest operating expenses,” remarked Sara Schwandt Managing Director of Genie Solar Energy.

Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.

[vc_row row_type=”full_width” type=”container”][vc_column][vc_row_inner][vc_column_inner][vc_empty_space height=”20px”][vc_column_text css_animation=”fadeIn”]Genie Energy Ltd., (NYSE: GNE, GNEPRA) is a global energy solutions company. We supply customers in the US and Europe with electricity, including electricity generated from renewable resources and with natural gas. Through Genie Solar Energy and Prism Solar, we design, construct and install commercial solar energy solutions. We provide commercial and industrial clients with energy brokerage and consultative services through our Diversegy brand.[/vc_column_text][/vc_column_inner][/vc_row_inner][/vc_column][/vc_row]