SNJ Business People

Stanker & Galetto Gives Solar Panels Strong Performance Rating 

07/25/10

  Stanker & Galetto, a leading general contracting firm in southern New Jersey, completed the installation of a solar energy system on the roof of its Vineland headquarters in June 2009 to demonstrate its strong commitment to Green Building.  After a full year of operation, the solar panel system has generated 124,034 kWh of energy. The 81.5kW system consists of a 392-panel solar array, covering approximately 7,500 square feet. The system represented a $700,000 investment, with the balance of the cost being returned during year 3 of operations.
  “As a company dedicated to green construction, we feel it is important to invest in ways to reduce our carbon footprint, and encourage others to do the same,” said Peter Galetto Jr., President of Stanker and Galetto.  “Like everyone at Stanker & Galetto, I am personally and professionally passionate about ‘going green.’  We lead by example, and invite others to embrace renewable energy.”
  The solar system generates an average of 305 kilowatt hours of electricity per day, which represents approximately 99 percent of the company’s current power needs. On days when the system generates more electricity than is used, the excess power flows back into the grid.
  Since installation at the Stanker & Galetto headquarters, the solar panels have generated a total of 134,585 kWh of energy, enough energy to power ten homes for one year.  The renewable energy provided by the panels avoids the production of harmful greenhouse gases like CO2, NOx, and SO2.  To date, the solar panels have prevented 227,011 pounds of emissions of these gases, which is more then an average passenger car emits over 20 years.
  “The solar panels are a perfect symbol for our company, which is dedicated to providing high-performance, sustainable building solutions that help the environment and our client’s bottom line,” said Joe Angeloni, CFO of Stanker & Galetto.  To date, Stanker & Galetto has recuperated 76% of the cost of the solar installation. This was achieved through utility savings and various State and Federal programs.

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