The Bushnell Center will save more than $59,000 in energy costs this year.
Their boiler was old and inefficient. Lynn Robinson, Director of Operations and David Fay, President and CEO of The Bushnell Center, knew that sooner rather than later, they would need to address its poor performance and high operating costs. But, as a nonprofit, David and Lynn found themselves in a financial corner – until they found C-PACE. It offered long term, fixed rate financing that made the latest technology and annual savings possible.
“By taking advantage of the innovations in C-PACE financing, the Bushnell is not only able to make this long-overdue replacement with no up-front expenditure, but we will actually realize a positive cash flow.”
– David Fay, President and CEO The Bushnell Center
Location
The Bushnell Center • Hartford, CT
Energy Update
Three energy efficient boilers and a new energy efficient hot water heater
Total Loan Amount
$384,000 • Over 20 years
Projected Energy Savings
$1,173,479 • Over the life of the upgrades
