IPS Solar | 2670 Patton Road, Roseville, MN | 651-789-5305 | www.solar.mn An Investment for the Business Alan Spaulding and At Home Apartments had been monitoring the cost of solar for the last 8 years. Upon completion of their first project with IPS Solar, they decided to do 12 more. Here at City Vue Apartments, the 145 kW array produces 25% of the building’s total electrical needs. Their total portfolio produces $66,000 a year creating a 25 year financial benefit of over $2 million. “IPS Solar had the most the competitive bid and the best track record,” said Alan Spaulding, Co-Owner of At Home Apartments. “They delivered the project on-time and on budget and at a very high quality.” City Vue Apartments “Alan and his staff had unique economic parameters regarding their tenants energy use,” said Eric Pasi, the VP of Business Development for IPS Solar. “We worked hard to maximize their investment and took pride in winning their business again and again.” A Win-Win for Everyone Founded by Alan Spaulding and Mike Cashill, At Home Apartments is and has always retained complete focus on being an apartment living specialist “Our customers benefit, our staff benefits because they’re engaged in something they believe in, our investors get a good return on investment,” said Spaulding, “it is absolutely a win-win and I can’t think of any reason why you wouldn’t put solar on every rooftop.” 450 Panels Roof Ballasted 170,000 Kilowatt hours per year “They took care of everything-- because of that, they became our preferred vendor” - Alan Spaulding CASE STUDY System ROI After Tax Benefits 8.5% $730,000 25 Year Net Profits

City Vue Apartments - IPS Solar · 2017-08-24 · Alan Spaulding and At Home Apartments had been monitoring the cost of solar for the last 8 years. Upon completion of their first

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Page 1: City Vue Apartments - IPS Solar · 2017-08-24 · Alan Spaulding and At Home Apartments had been monitoring the cost of solar for the last 8 years. Upon completion of their first

IPS Solar | 2670 Patton Road, Roseville, MN | 651-789-5305 | www.solar.mn

An Investment for the BusinessAlan Spaulding and At Home Apartments had been monitoring the cost of solar for the last 8 years. Upon completion of their first project with IPS Solar, they decided to do 12 more. Here at City Vue Apartments, the 145 kW array produces 25% of the building’s total electrical needs. Their total portfolio produces $66,000 a year creating a 25 year financial benefit of over $2 million.

“IPS Solar had the most the competitive bid and the best track record,” said Alan Spaulding, Co-Owner of At Home Apartments. “They delivered the project on-time and on budget and at a very high quality.”

City Vue Apartments

“Alan and his staff had unique economic parameters regarding their tenants energy use,” said Eric Pasi, the VP of Business Development for IPS Solar. “We worked hard to maximize their investment and took pride in winning their business again and again.”

A Win-Win for Everyone Founded by Alan Spaulding and Mike Cashill, At Home Apartments is and has always retained complete focus on being an apartment living specialist “Our customers benefit, our staff benefits because they’re engaged

in something they believe in, our investors get a good return on investment,” said Spaulding, “it is absolutely a win-win and I can’t think of any reason why you wouldn’t put solar on every rooftop.”

450 PanelsRoof Ballasted

170,000Kilowatt hours per year

“They took care of everything-- because of that, they became our preferred vendor” - Alan Spaulding

CASE STUDY

System ROIAfter Tax Benefits

8.5%$730,00025 Year Net Profits