The L.C. Doane Company will save more than $55,000 in energy costs this year
For over 70 years the L.C. Doane Company, has served the United States Navy and Coast Guard supplying lighting products.
Since 2008, the facility has used solar photovoltaics on their roof to supply electricity to their 150,000 square foot factory. Now, thanks in part to the recent closing of C-PACE financing through the Connecticut Green Bank, L.C. Doane is expanding their solar system to generate more energy to power their machinery, and saving money on their operations.
“As a government subcontractor in the defense industry, it is essential to keep our own lights on. While manufacturing occurs under our roof, the power source is created from above. Our solar panels provide us with clean energy right on-site. Another level of U.S.-made, environmentally conscience manufacturing. As we continue to expand so does our roof!”
– Bill Psillos, Vice President
Location
L.C. Doane • Ivoryton, CT
Energy Update
200 kW roof mounted solar photovoltaic system
Total Loan Amount
$1.06 million • Over 10 years
Projected Energy Savings
$1.47 million • Over the life of the upgrades
