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Shagbark Lumber will save almost $69,000 in energy costs this year.
Julia and Joanna are PACEsetters. Solar energy was always a goal of theirs, but they worried it might never be affordable. Then they discovered C-PACE. The program made going solar easy, even without a technology or financing background. The process was simple and Julia and Joanna loved working with the Green Bank. Now they’re proving that not only is solar affordable, but that businesses with solar come out ahead. That’s how PACEsetters, like Julia and Joanna, are sparking the green energy movement.
“In business, win-win opportunities don’t come very often. [C-PACE ] was a no brainer. The fact that we don’t have to personally guarantee it and it comes through on our property taxes made it so simple and really worthwhile.”
– Joanna Hunt, Owner
LocationShagbark Lumber • East Haddam, CT |
Energy Upgrades160 kW roof mounted solar photovoltaic system |
Total Loan Amount$499,882 over 10 years |
Projected Energy Savings$1,215,212 • Over the life of the upgrades |