CEAVCO Audio Visual
CEAVCO Audio Visual utilized Commercial Property Assessed Clean Energy (C-PACE) financing to invest in a new roof, solar PV system, and LED lighting improvements. CEAVCO’s energy efficiency improvements are expected to reduce the 33,827-square-foot facility’s energy usage by 94% and increase the building’s value by $406,505. CEAVCO was also able to capitalize on tax benefits to save an additional $97,000 on the cost of their solar system. The solar array is expected to produce 106,785 kWh in Year One, in addition to providing significant savings in energy costs and carbon dioxide emissions.