Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

CU System
McGraw-Hill FCU launches green awareness campaign
EAST WINDSOR, N.J. (2/2/12)--McGraw-Hill FCU has launched a solar energy awareness campaign around a renewable energy and solar panel project at The McGraw-Hill Companies' offices in East Windsor, N.J.

McGraw-Hill FCU's new awareness campaign centers around a renewable energy and solar panel project at The McGraw-Hill Companies' offices in East Windsor, N.J. The 70-acre solar facility will be fully operational in March. (Photo provided by McGraw Hill FCU)

The initiative includes an informational website, Facebook updates, and presentations at the credit union's Financial Literacy Series.

The new website provides information on McGraw-Hill Companies' solar energy project, advice for consumers considering solar energy, and links to external websites about solar energy.

Also, plans are underway to incorporate green energy advice into the credit union's monthly Financial Literacy Series seminars.

The inspiration for the renewable energy campaign came from The McGraw-Hill Companies' construction of one of the nation's largest solar energy projects on its property in East Windsor. The solar project will generate 14.1 megawatts of energy and significantly offset the need for other energy sources.

The solar facility sits on 70 acres of land across the street from the company's offices. It is reportedly the largest privately-owned, net metered solar project in the Western Hemisphere. Net metering, or net energy metering, is an electricity policy which allows utility customers to offset some or all of their energy use with self-produced renewable energy. The project is being coordinated with the involvement of NJR Clean Ventures, a subsidiary of New Jersey Resources, which promotes increased energy efficiency and the use of clean, renewable sources of energy, including solar, wind, geothermal and sustainable biomass.

"We were eager to support this initiative by showing our members how to make a difference" said Shawn Gilfedder, McGraw-Hill FCU president/CEO. 

Earlier this year, the credit union launched a "Solar Certificate of Deposit (CD)." Members responded by opening 160 CDs.


RSS print
News Now LiveWire
.@CreditYOUnion captures voices of #100MM loud, proud at @GAUnitedCU See #NewsNow Thursday for more
13 hours ago
Ill. @GovernorQuinn signs patent troll law http://t.co/ugWf8zHpCm via @CrainsChicago
14 hours ago
.@MBAMortgage : Mortgage apps increased 2.8% from one week earlier for week ending Aug. 22.
15 hours ago
Franchise businesses may face higher breach risk with POS systems HT @briankrebs http://t.co/LGE46DUk15
15 hours ago
About 1 in 3 consumers use plastsic for in-person purchases of less than $5, according to @CreditCardsCom survey.
17 hours ago