Academy Solar Names Steve Holdaway as President

Residential and Commercial Solar Energy Company Names Former Oil Executive as President.

Chapel Hill, NC, December 11, 2010 --(PR.com)-- Academy Solar LLC (http://www.academysolar.com), a residential and commercial solar energy design and installation company, has named Steve Holdaway as president. In this role, Holdaway will lead the company in overall strategy, financial management and oversee the commercial sales sector of the business.

As a well-known entrepreneur in the Triangle area and former oil executive, Holdaway, along with three other partners, founded Academy Solar on the belief that it is important to secure a more sustainable energy mix for the future. With degrees in engineering and finance and more than 10 years of experience developing start-ups into successful businesses, Holdaway understands the value of excellent customer service, and the importance for Academy Solar clients to understand the value of their solar panel installation. Academy Solar is the only firm of its kind in the southeastern United States that allows customers an online calculator (http://www.academysolar.com/calculator/index.php) to estimate a firm, final price for their solar energy installation with complete cash flows, payback, expected real energy production and anticipated environmental benefits that their system will produce.

Quotes:
“We are confident that as president, Steve will continue to lead Academy Solar into a successful business,” said JW “Wild Bill” Stealey, partner and head of residential sales at Academy Solar. “Founding a new company in this economy will be difficult, but we feel that there is a strong market for solar energy in North Carolina, and with so many state and federal tax incentives, it is a great time for homeowners and business owners to consider alternative energy sources.”

New Media Content:
Academy Solar overview video
http://www.youtube.com/watch?v=9duonsbKQf4

Residence construction video
http://www.youtube.com/watch?v=TL8HjVKSNag&feature=related

Residence installation video
http://www.youtube.com/watch?v=JspmBqO06Eo&feature=related

Final installation video
http://www.youtube.com/watch?v=bDLil4u3og8&feature=related

Details:
- Holdaway has more than 24 years of experience at Fortune 500 companies, including Amoco Oil Company and Glaxo/GlaxoWellcome/GlaxoSmithKline in senior management roles.

- He graduated from the University of Michigan with a bachelor of science in mechanical engineering and DePaul University with a master of business administration in finance.

- Holdaway is on the board of directors of SharedVue, Inc., a Raleigh-based technology company that has proprietary offerings in the area of channel marketing.

About Academy Solar:
Academy Solar offers residential and commercial solar energy system installations with a focus on the Chapel Hill, Raleigh, Durham and Charlotte markets. Dedicated to professional customer service, Academy Solar takes care of all the customer’s permits and regulatory paperwork, as well as insures that the customer receives the maximum federal and state incentives in order to receive a firm, final price on the true cost of installing its system. Its online calculator shows customers how federal and state tax credits can reduce installation costs and pay back expenses within two to seven years, with free energy for the remaining expected 18 or more years of energy production by the installation. Academy Solar provides seven guarantees to homeowners to insure their complete satisfaction with the installation process and a 10-year “no hassle no cost” 100 percent guarantee on their system. Created by four successful local entrepreneurs, two of whom are U.S. Air Force Academy graduates and pilots, Academy Solar believes that solar energy can be a prime energy source in the future that can help our environment by reducing the need for new fossil energy from coal fired electric plants and provide real financial return to homeowners through solar production incentives. For more information, visit http://www.academysolar.com.

Erin Smith
MMI Public Relations
(919) 233-6600
erin@mmipublicrelations.com
http://twitter.com/MMIPR
http://www.mmipublicrelations.com

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