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.