Peoples Bank of Sheridan Partners with Delta Solar to Go 100% Solar
LITTLE ROCK – Delta Solar today announced the successful completion of a 56-kilowatt (kW) solar array for Peoples Bank of Sheridan, which becomes one of the first community banks in Arkansas to be 100 percent powered by solar energy.
“Since 2017, Delta Solar has partnered with clients across Arkansas to generate highly predictable, long-term returns on their solar investment,” said Bob East, Chairman, Delta Solar. “We are excited to have collaborated with Peoples Bank to design and build a system that meets 100 percent of their energy needs and provides significant cost savings to help better serve their customers and community.”
Peoples Bank’s solar array is expected to save the community bank more than $243,000 in energy costs over the next 30 years. The system is designed to produce enough power to offset energy usage at the bank’s Sheridan headquarters.
“Delta Solar’s team provided us a personalized solar solution that made sense environmentally and economically,” said Craig Manatt, President/CEO, Peoples Bank. “Our solar system is a win-win for the bank as we were able to significantly reduce our electricity costs while generating a strong return on our investment.”
The solar system offset more than $750 of the bank’s most recent electric bill, according to Manatt. “By comparison, if we had not invested in solar, that money would have earned only about $70 last month.”
About Delta Solar
Equipped with the industry’s leading solar experts, Delta Solar is Arkansas based, owned, and operated. Our team custom designs each and every system based on our client’s energy needs in order to optimize energy production and return on investment. We source only the best materials from around the globe to ensure each system we build performs at the highest level possible for as long as possible. The founders of Delta Solar pride ourselves on creating jobs in the communities we serve and we believe that our clients are our greatest assets. Learn more at DeltaSolar.com and connect with us on Facebook, Instagram and LinkedIn.
About Peoples Bank
Peoples Bank was formed in September of 2000. We are headquartered, owned, and operated in Sheridan, AR with branches in Sheridan and East End. Peoples Bank strives to be the model of community banking. We immerse ourselves in our local communities to enhance the customer experience while seeking to positively impact the lives we touch. Its’s been our mission to be the bank “Where People Come First!” Our experienced and highly trained staff is empowered to make fast, local decisions while offering the best bank products available. Learn more at PeoplesBankAr.com and connect with us on Facebook.