The new solar panels on the roof of Terra Tile & Marble’s 30,000 square foot headquarters in the Town of Ossining are supplying nearly 100% of Terra Tile’s electricity needs. This project was made possible with financing provided by Energize NY (PACE) Finance, which offers low-cost, long-term financing for energy efficiency improvements and renewable energy installations, like the solar panels at Terra Tile.
Best Energy, the solar system designer and installer, is an Energize NY Finance Qualified Partner, and guided the owners of Terra Tile to the financing as well as a number of tax and other financial incentives.
Clean energy projects make financial sense for a most buildings, including multifamily, commercial and industrial, retail/mixed use, private schools, colleges and universities, and institutional properties.
|● Federal ITC||$116,632|
|Year 1 electric offset:||95.5%|
|Net Cash flow to owner:||$26,029/yr|
The Terra Tile solar installation was one of almost 30 solar installations brought about through the Solarize Ossining-Briarcliff campaign. “The idea behind the Solarize campaigns is to help homeowners and commercial property owners organize as a community to get lower rates from qualified solar suppliers to make it both less expensive and easier to install solar,” said Nina Orville, Program Manager of Solarize Westchester. “We are very pleased that our first round of Solarize campaigns, which involved ten Westchester municipalities, including Ossining and Briarcliff Manor, resulted in 200 residential installations totaling 1.4 MW. The commercial program is closing in October and to date we have 7 commercial contracts for over 270 kW, with a number of additional large projects pending” she said.
Ossining Patch, November 2, 2015: Energize NY Marks First Solar Installation In Ossining
EE Reports: September 30, 2015: Energize NY Makes Solar Work for Ossining Small Business