195 13th Avenue
The owners received $1.724M in C-PACE financing for the installation of a 739 kW community solar project installed by SuNation. The project is using community solar to turn their previously empty roof into a revenue generating asset that more than offsets their C-PACE payments, resulting in a cash flow positive project from year 1.
The owners are expected to realize a net savings of $5.4M over the life of the solar array, all with $0 out of pocket.
195 13th Ave is an owner-occupied light industrial building located in Ronkonkoma, NY, about an hour outside of New York City in central Long Island.