E-News Spring 2018

Daughters of Mary to save $1.3 million on energy costs

The Daughters of Mary of the Immaculate Conception have added solar arrays at their New Britain property through an investment of $2.8 million. The Daughters will benefit from $1.3 million of energy savings over the next 20 years, and this savings will help them continue to provide tremendous service to domestic abuse victims as well as affordable senior housing and day care services for children and the elderly. Bryan Garcia, President and CEO of the Green Bank, spoke at the ribbon cutting ceremony, and was presented a plaque by Mother Jennifer, superior general of the Daughters of Mary, for the Green Bank’s role in this project. 

For more facts about this project or to hear Bryan’s comments, please click here.


C-PACE program surpasses 200th closed project

In January, the Connecticut Green Bank announced that the state’s Commercial Property Assessed Clean Energy (C-PACE) program surpassed 200 closed projects totaling more than $114 million in clean energy investment in businesses. C-PACE is an innovative program that is helping commercial, industrial and multi-family property owners access affordable, long-term financing to save money and make smart energy upgrades to their buildings. According to PACENation, an industry group promoting Property Assessed Clean Energy (PACE) financing, Connecticut is second only to California in total dollars financed through C-PACE.

Click here to read more about this milestone.


Are you ready for an electric ride? 

If you are in the market for a new car, you should take a hard look at electric vehicles (EVs). To read what some Connecticut EV owners have to say about daily commuting, charging their EV, and switching from gas, check out this article

Also, the Green Bank is currently partnering with local credit unions (CorePlus, Mutual Security, and Nutmeg State) to offer the Smart-E for EV loan, which features an amazing 0.99% rate (as of March 10, 2018, subject to availability and other guidelines). Learn more about this offer.


Annual PACEsetter Awards held at Energize CT Center

On March 15, the Green Bank held its third annual PACEsetter Awards recognizing contractors, building owners and other stakeholders who are advancing the green energy movement through C-PACE, and whose leadership establishes a “pace” for others in their field to follow. Read more about the winners and the event.


Bryan Garcia honored as NECEC’s 2018 Clean Energy Champion

During Connecticut Clean Energy Day in February, the Northeast Clean Energy Council (NECEC) recognized Bryan Garcia, President and CEO of the Connecticut Green Bank, as its 2018 Clean Energy Champion. NECEC visited the Connecticut State House to advocate for legislation to extend Connecticut’s Renewable Portfolio Standard (RPS) and support solar and distributed generation markets, among other clean energy priorities.

Learn more about NECEC’s legislative agenda and the event here.


Newtown couple installs solar, heat pump to save money and stay comfortable