– Easterseals Capital Region & Eastern Connecticut is using C-PACE financing to begin a clean energy upgrade project at its Windsor facility.
– The improvements include a 218-kW rooftop solar system, new lighting, and controls, with estimated energy savings of $1.3 million over the project’s lifetime.
– The project is funded with $714,000 in C-PACE financing and utilizes the federal ITC direct pay option, making clean energy technologies more accessible to non-taxpaying organizations like Easterseals.
Easterseals Capital Region & Eastern Connecticut is undergoing a clean energy upgrade project at its Deerfield Road facility in Windsor. This project, funded by C-PACE financing through the Connecticut Green Bank, includes installing a 218-kW solar system, new lighting, and controls. The estimated energy savings over the lifetime of the improvements are approximately $1.3 million. This initiative aligns with Easterseals’ commitment to sustainability and its mission to provide programs for individuals with disabilities, active military, and veterans.
The project is being funded with approximately $714,000 in C-PACE financing and is utilizing the federal ITC direct pay option. This new provision allows tax-exempt and governmental entities to access expanded tax credits for clean energy technologies. Through this program, nonprofits like Easterseals can now benefit from financial incentives similar to for-profit companies, making clean energy projects more feasible for organizations without tax liabilities.
The 218-kW system is being installed by Facility Solutions Group (FSG) and is projected to be completed in the first half of 2024. The project will not only lead to significant cost savings for Easterseals, allowing them to enhance their programs, but also support future generations by addressing climate change and promoting sustainability.