The Simon Foundation
The Simon Foundation Inc. is about saving. First and foremost their mission is to take care of dogs and cats as the largest no-kill shelter in Connecticut, but owner, Mark Greenberg is dedicated to saving operational expenses by reducing the organization’s energy footprint as well. This 215 kW project is projected to be cash flow positive from day one. Long-term operational expenses related to electricity will be lower, meaning development efforts can more closely align with the shelter’s mission.
“It is very hard to raise funding for an electric bill, but for the services we provide, that’s something our donors can get behind,” suggested Greenberg.
This non-profit no-kill shelter is the largest in Connecticut being 36,000 square feet with 170 kennels for dogs and cats. The property, built in 2009, also has 3,000 square feet dedicated to training and rehabilitation and has boarding and grooming services. The owners used the asset of a large roof to lower their operational costs and insulate the organization against rising energy costs.
Dynamic Energy Services contracted the project and worked with the owners to complete the installation. Dynamic Energy is moving towards meeting clients’ economic goals by providing full energy solutions.
"Nuveen Green Capital’s C-PACE financing offers a term that matches the useful life of the panels which allows our savings from day one to exceed the cost of financing.”
Mark Greenberg, Founder of The Simon Foundation