Gorham Savings Bank worked with our South Portland branch to install a 1.1-million-dollar solar array that when complete will offset virtually all of its electricity costs across its 12 branches and several office locations, including its 29,000 square foot Operations Center. The installation will generate 1 million kilowatt-hours (kWh) annually and be located adjacent to the bank’s Operations Center at 10 Wentworth Drive in Gorham.
The Bank’s first use of solar was its Route One Falmouth branch, built in 2010, which features solar panels on the drive-thru and is LEED Gold Certified, an internationally recognized green building certification.
“I think this initiative is a good representation of how our organization continuously strives to be a force for good in the communities we serve.” said Steve deCastro, president and CEO of Gorham Savings Bank. “Increasing our reliance on clean power alternatives was clearly the right thing to do not just for the bank but for our environment and the community.”
“The Town of Gorham is pleased to work with Gorham Savings Bank through the permitting and construction process to see their strategic vision of investing in renewable resources be realized,” said Tom Poirier, Director of Community Development.