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Deal Spotlight

ESA Financing for Efficiency Upgrades in Bronx Nursing Home

$ 0
Annual cost savings
0 %
Projected energy savings
0 %
Projected GHG savings

The Building: Hebrew Home

Building type
Institutional

Building size
1 building
190,000 square feet

Year built
1931

Location
Bronx, NY

Project type
Energy efficiency

Upgrades
Lighting, HVAC

NYCEEC loan product
ESA

Term
7 years

Closing date
January 2018

The Project

Ecosave provided a turnkey solution with an energy services agreement (ESA) that guaranteed project performance. The project included upgrades such as LED lighting, replacement of fan coil units, building automation system upgrades, electric and steam submeters, air handling units, variable frequency drives on pumps and fans.

Total Project Cost

$2.7 M

Other Sources

$200,000

NYCEEC Loan

$2.5 M

Annual Savings

$328,000

The Results

The improvements at Hebrew Home significantly improves resident comfort and safety. The project will result in significant energy savings while reducing greenhouse gas emissions.