Retail Space + Energy Efficiency = Savings for Scott Land Yard

Project Profile

Challenge: Scott Land Yard realized that envelope improvements would cut energy costs and make the building more comfortable for tenants, but they needed to find funding for the project.

Solution: Long-term, 20-year Energize NY PACE financing filled the funding void and enabled Scott Land Yard to reduce their carbon footprint with new insulation, heating improvements, and LED lighting.

  • Retail Properties, 4,137 sq. ft.
  • Efficiency Project 
  • $2,360/yr Estimated Average Annual Cash Flow
  • 87.8 MMBtu Annual Savings

  • Amount Financed: $28,400
  • Term: 20 years
  • Interest Rate: 5.80%
  • Financing Cost: $2,400/yr Completion Date: November 2017

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