Slides presented during a webinar on adding energy efficiency measures and/or solar into a rehab/retrofit project for multifamily housing. Presenters outlined the funding process and...
EnergizeNY | March 2017
DOWNLOAD RESOURCE (398.82 KB)Case study of Natlew Corporation's 23-Unit Apartment Building in Mount Vernon, NY. With PACE, Natlew was able to replace its old oil-burning boiler with a high-efficiency gas-fired unit and install indirect-fired hot water heaters, pipe insulation, high efficiency lighting, low-flow faucet aerators and showerheads.
Project:
- Multifamily, 20,000 sq.ft.
- Efficiency Project
- $19,200/yr average annual cash flow
- 14% energy savings
- Completion Date: March 2017
Financing
- Amount Financed: $238,078
- Term: 20 years
- Interest Rate: 6.08%
- Financing Cost: $20,700/yr
Resource Type:
Resource Topics:
C-PACE
Financing Options
Quantifying Savings
