Deal Spotlight
ESA Financing for Efficiency Measures in Great Valley Hotel
$
0
Annual cost savings
0
%
Projected energy savings
0
%
Projected GHG savings
The Building: Sheraton Great Valley
Building type
Commercial
Building size
1 building
120,000 square feet
Year built
1990
Location
Chester, PA
Project type
Energy efficiency
Upgrades
Lighting, HVAC
NYCEEC loan product
ESA
Term
7 years
Closing date
December 2017
The Project
Partnering with NYCEEC, Ecosave structured a turnkey retrofit solution for Sheraton Great Valley using an ESA that guaranteed project performance. The project included upgrades such as LED lighting, PTAC upgrades, variable refrigerant flow heat pumps, variable split unit upgrades, guest room temperature controls, DHW tank insulation, ozone laundry system.
Total Project Cost
$910,000
Incentives
$26,000
Other Sources
$64,000
NYCEEC Loan
$820,000
Annual Savings
$126,000
The Results
The Sheraton Great Valley hotel was able to modernize its property with new and more efficient equipment. The project enhanced guest comfort with improved building performance and operations and resulted in significant energy savings.