Greenworks Lending C PACE Case US Extruders RI

Greenworks Lending C PACE Case US Extruders RI


The CPACE program helps Rhode Island small
businesses get financing for energy efficiency and renewable energy projects on their facilities. We made the decision to go with solar because
of predictable electrical pricing, long term good for the environment, long term good for
us. Its expensive to do business in Rhode Island
especially with the energy costs and that was a great benefit to us, also with the CPACE
loan it was cost positive in the long run. Direct Energy Solar worked with US Extruders
to maximize state incentives, federal income tax credits and to leverage CPACE financing
to maximize the return on investment for this particular project. With him putting the solar panels in and getting
overhead costs down we have the ability to use our finances in other areas to continue
to grow our company and hopefully help the environment at the stame time. These entrepreneurs are putting everything
on the line to make something great and that energy is amazing. While we’re growing to serve markets across
the country, all commercial PACE is local and at the heart of commercial PACE is the
public-private partnership. Its what puts our private capital to work
to help increase local building stock values, create jobs locally and help local communities
reach and exceed their targets for sustainability.

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