$507,472
20YR TERM FIXED RATE C-PACE FINANCING
131,900 kWh
estimated annual energy savings
$502,175
Estimated SAVINGS OVER THE LIFETIME OF THE PROJECT
Delta Marriott
Cincinnati, OH
Property Challenge
The property, located in the unincorporated community of Commack on Long Island, New York, is a 20,000+ square foot, one-story, multi-user industrial building containing three units, on a 2.5 acre site.
The HASRE Solution
A long term, fixed-rate $507,472 C-PACE assessment that provides finances for a solar installation and roof upgrade to the property. The system being installed by Excelsior Development is a 102 kW system with 280, 365-Watt solar panels manufactured by JA Solar. The building has a 22,500 square foot flat roof deck that will increase insulation and a topcoat installed to support the new solar system and to provide greater energy efficiency/natural gas savings for the building. The property also qualifies for a New York State Energy Research and Development Authority rebate of $15,123.
HASRE is partnership between Counterpointe Sustainable Real Estate and Hannon Armstrong.
