Safeguard Self Storage Completes the Installation of a Solar Power System at its Elizabeth, New Jersey Store

Elizabeth, New Jersey, October 20, 2014 (Newswire.com) - Safeguard Self Storage announces that it will begin producing solar power at its Elizabeth, New Jersey store on October 17, 2014.  The solar power system was acquired from Trinity Solar, a major retailer and installer of solar power systems in the northeastern United States.  The solar power system is designed to produce 129.6 KW of electricity which is expected to be about 80% of the store’s electricity needs.

The company does not intend to stop there.  Installations of solar power systems are underway at 25 other stores in the company’s portfolio in New Jersey and New York which are slated to come online and produce power starting later this year and early in 2015.  In addition, the company already has a solar power system fully operational at its Thornwood, New York store.  That system provides over two-thirds of the store’s needs. 

The system will drive NOI higher while at the same time fulfilling the desires of its customers that it act as a good corporate citizen by initiating these types of environmentally friendly undertakings.

About Safeguard Self Storage

Safeguard has been providing storage solutions since 1989, with the goal of delivering unexpected quality and service at every level. With these founding principles, Safeguard has grown to more than 65 locations and is one of the premiere self storage companies in the United States. Safeguard understands self storage and, best of all, we help our customers understand their many self storage options. Safeguard's public self storage facilities feature self storage units designed to deliver worry-free storage solutions for both residential and commercial customers. Open to the public, our storage facilities feature many modern amenities designed to keep stored items secure.