Set Design + Solar = Savings for LnJTech

...

Project Profile

Challenge
Committed to operating sustainably, LnJTech wanted to install as much solar PV as possible on the roof of its warehouse, but needed additional funds to afford a larger solar array.

 

Solution
With 20-year, low-cost PACE financing, LnJTech was able to afford a full rooftop of solar panels, maximizing their ability to use renewables to power their business and another building on the property.


Project

  • 1850’s Warehouse and Multi-Purpose Building
  • 45.24kW Solar PV System
  • $6,100/yr Average Annual Cash Flow
  • 76% Electric Use Offset

Financing

  • Amount Financed: $62,000
  • Term: 20 years
  • Interest Rate: 6.13% 
  • Financing Cost: $5,500/yr 
  • Completion Date: July 2017

"With PACE financing we were able to enlarge the scale of the solar project to encompass the entire roof, which allows us to power another building on our property as well as our warehouse and studio."
-Jason Hughes, co-owner and founder of LnJTech


News Coverage

Partner Information

Participating Municipality


Project contractors




Project partners