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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.