Thomas Neyhart’s Energy- and Cost-Saving Initiatives at PosiGen
Thomas Neyhart is the CEO of PosiGen, an energy company founded in the wake of Hurricane Katrina to help low-to-moderate income families recover from the devastation. The solar power company founders saw a disparity in the recovery process since the 16 recovery programs target wealthy residents. PosiGen CEO informs how the company focuses on helping families cut their energy costs.
Under Thomas Neyhart, PosiGen has become a dominant force in the renewable energy sector with over 18,000 customers. Before joining PosiGen, he was the COO of Utica Rentals and a partner in an executive search firm. PosiGen CEO Thomas Neyhart’s extensive management experience in the construction and renewable energy sector has made him a highly sought speaker. He has overseen the implementation of a solar leasing program and purchasing option to help low-to-moderate income families acquire solar panels.
PosiGen installed solar panels to more than 12,000 U.S. homeowners through a solar leasing program. Homeowners prefer PosiGen’s lease package because of the energy efficiency upgrades, system monitoring, installation and maintenance, and easy monthly payments. On the other hand, PosiGen CEO adds, homeowners who purchase solar panels enjoy flexible payments and a cash discount. Regardless of the acquisition option, PosiGen is committed to helping homeowners achieve optimal energy efficiency.
Under Thomas Neyhart, PosiGen has launched an audit program that identifies points of energy loss and air leaks in a home. The energy audit also involves energy-saving improvements, such as air sealing, weather stripping, Compact Fluorescent Lightbulbs (CFL), attic entrance sealing, and air filter replacement. PosiGen CEO recalls that the company has also adopted a net metering system that allows its customers to get credits for the surplus energy supplied to the grid. The customers can later redeem the credit for free electricity if the solar system fails to meet their energy demands.