Providenciales, Turks and Caicos Islands (Thursday, May 24, 2018) – FortisTCI is pressing ahead with the integration of solar power generation in the TCI, recently commissioning two grid-tied photovoltaic (PV) systems in Providenciales in partnership with Global Management Co. Ltd, also known as Aircool. Together, the two PV systems equal approximately 250KW spanning 20,000 square feet of rooftop space and were installed by local contractor Green Revolution.
This latest project was commissioned under FortisTCI’s Utility Owned Renewable Energy (UORE) Program, which offers customers the opportunity to lease their home or business roof space to FortisTCI for the installation of a grid-tied PV system. Customers receive a monthly credit on their electricity bill for the use of their rooftop space and a profit share of the PV system’s generation paid on an annual basis.
FortisTCI President and CEO, Eddinton Powell said, “The electricity sector continues to change at a rapid pace. These changes are largely driven by the day-to-day advancements in technology and the focus on the three megatrends that are now shaping the energy landscape– digitalization, decarbonization, and decentralization. In this fast evolving environment, FortisTCI is continuously working to meet the needs of its electricity consumers, and to provide reliable and sustainable options. There is no doubt that today’s energy consumer demands an energy mix that includes electricity generation from renewable energy sources like solar and wind, and at FortisTCI we are committed to delivering a service that is world-class, and meets the needs of those we serve.”
Since 2016, FortisTCI has commissioned three UORE projects in partnership with its customers. A total of 427.6KW of grid-tied PV has been installed, with a goal to connect an additional 200KW of PV in 2018. The company is also planning for the integration of a 1MW utility-scale solar power project at various sites across the TCI that will position FortisTCI to have 2MW of grid-tied PV installed by the end of 2019.
Customers interested in learning more about the renewable energy programs available at FortisTCI can contact FortisTCI Business Coordinator Monette Collymore at email@example.com.