Dynamic Energy Partners with The Simon Foundation Reducing Costs at Animal Rescue and Adoption Center
WAYNE, Pa., April 4, 2019 /PRNewswire/ -- Dynamic Energy Solutions, LLC, a full-service solar energy solutions provider, has completed the installation of a rooftop solar array at The Simon Foundation Inc.'s Animal Rescue and Adoption Center in Bloomfield, CT.
The Simon Foundation, Inc. is a charitable organization dedicated to the preservation and adoption of dogs and cats that would otherwise be abandoned, neglected, abused or euthanized. The 207-kilowatt (kW) rooftop system is expected to produce more than 230,000 kilowatt hours annually, which will supply approximately 80 percent of the facility's annual electricity consumption. The system will significantly reduce the Foundation's electricity costs, allowing it to apply those funds to animals in need. The rooftop array is estimated to save the Simon Foundation close to $1 million over the system's life.
"The installation of this new solar energy system will allow us significant savings on operational costs," said Lisa W. Agresti, Executive Director at the Simon Foundation. "Those funds can then be used to further our mission of, 'Until there are none, adopt one.' This is a great opportunity to make a huge difference in the lives of these animals."
In addition to the financial benefits expected, the solar array will also reduce the Foundation's carbon footprint. The energy produced by the solar system equates to offsetting 165 tons of carbon dioxide, the equivalent to offsetting emissions from 402,844 miles driven by a passenger vehicle.
Project financing for the array was managed by Greenworks Lending, a leading provider of Commercial Property Assessed Clean Energy (C-PACE) financing solutions, based in Connecticut.
"We founded Greenworks Lending to scale the success of C-PACE programs nationally by providing a common capital resource to commercial properties," said Alexandra Cooley, COO of Greenworks Lending. "The benefits to property owners and communities of energy saving projects are significant; but for me, it's even more satisfying when we can apply the program to meet the needs of a charitable organization like the Simon Foundation."
"Dynamic Energy is honored to be a part of this important project that showcases how solar energy can benefit people, pets, and the planet," said Tim Carr, Vice President of Business Development at Dynamic Energy Solutions. "We applaud Greenworks Lending for their participation and The Simon Foundation for its leadership as it continues saving the lives of animals across Connecticut."
About Dynamic Energy Solutions, LLC
Dynamic Energy is a full-service solar energy provider that brings together the diverse expertise needed to design, finance, build and maintain projects to meet the needs of commercial, industrial and institutional customers. With an in-house team that includes professional engineers, project managers, and master electricians, Dynamic Energy creates high-quality projects that reduce customer expenses, improve operating efficiency, provide an attractive return on investment and achieve sustainability goals. For more information, please visit www.dynamicenergy.com.
About The Simon Foundation Inc, Animal Rescue and Adoption Center
The Simon Foundation, Inc. is a 501(c)(3) charitable organization founded by Mark and Linda Greenberg. The Foundation is dedicated to the preservation and adoption of dogs and cats that would otherwise be abandoned, neglected, abused or euthanized. The Simon team works to find a new, loving, forever home, or live out their lives in the comfort and care of The Simon Foundation, Inc. For more information on the Simon Foundation, please visit www.thesimonfoundation.org.
About Greenworks Lending
Greenworks Lending is a sustainable finance company that invests in commercial real estate with the goal of increasing cost and energy efficiency. We lend through a structure called Property Assessed Clean Energy (PACE) that allows repayment to be made through the property tax bill. We cover 100 percent of the hard and soft costs and the owner pays back the up-front investment using a portion of the utility bill savings over the life of the equipment. Founded by developers of the most successful commercial PACE program in the U.S., the team at Greenworks Lending has more experience in C-PACE than anyone in the industry. You can find more here - www.greenworkslending.com.
Contact:
Elizabeth Dougherty
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SOURCE Dynamic Energy Solutions, LLC
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