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October 8, 2015

PowerOptions teams with Solect of Hopkinton for solar program

Energy-buying consortium PowerOptions has chosen Hopkinton-based Solect Energy to lead its Small Systems Solar program, the companies announced Thursday.

PowerOptions, based in Boston, serves nonprofit and public entities.

The Small Systems Solar program, which builds on PowerOptions’ Large Scale Solar program, is designed to provide savings for smaller systems of less than 300 kilowatts. It does that by “streamlining the process with pre-negotiated, competitively priced solar power structured to capture the benefits of tax incentives for nonprofits and government entities,” the statement said.

The consortium said it chose Solect – a solar developer and installer that serves commercial, nonprofit and government users – for its track record, competitive pricing, financial backing, and flexibility.

“We also chose Solect because they are a local company; many larger, national companies in this space have ridged criteria and take a cookie-cutter approach to working with customers,” CEO Cynthia Arcate said in the statement. “Solect is willing to work with us to build as many projects as possible, dealing with the uniqueness of our membership base and maximizing the potential at each location.”

The Small Systems Solar program will provide savings for members and a hedge against future cost increases over the life of the 20-year solar contracts, the statement said.

“We are thrilled to have been selected by PowerOptions to serve this key segment of the nonprofit and government community in the commonwealth,” Ken Driscoll, founding principal and CEO at Solect Energy, said in the statement.

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