NATICK, Mass. — BJ’s Wholesale Club will install solar photovoltaic (PV) rooftop systems to four club outlets through a partnership with Tioga Energy, San Mateo, Calif.
The first two rooftop systems, currently under construction at clubs in Leominster and South Attleboro, Mass., are scheduled for completion next month, with two additional projects in New Jersey to be completed in this summer. The chain has 12 other solar panel installations in six states.
The new systems will be installed and financed through Power Purchase Agreements (PPAs) with Tioga, allowing the clubs to implement solar energy without upfront costs. In addition to the clean power provided by the systems, Tioga’s PPA offers BJ’s predictable energy prices, providing up to 22% of the club’s yearly electrical needs, at a cost lower than the standard utility rates utilities.
“Since the ’90s, BJ’s has taken the smart business strategy of lowering electricity costs through solar power and energy efficiency measures,” said Kevin Moran, manager of energy at BJ’s. “With Tioga Energy as a partner, we are able to take our commitment to solar to the next level, while managing first-cost installation hurdles and providing a hedge against future rate increases.”
Read More of Today's Headlines
