Long Island Business News has recognized Energia
with the 2020 Top Education Renovation
SMITHTOWN, NY— Long Island Business News has recognized Energia with the 2020 Top Education Renovation – Suffolk Award for their work with the Sachem School District’s Energy Performance Contract (EPC).
Energia helped the Sachem School District in Holbrook, NY design and build a groundbreaking, two-megawatt solar installation, one of the largest solar implementations ever completed by a New York School District. The project was financed through an EPC, a funding mechanism that uses guaranteed energy-savings to deliver building energy efficiency improvements with no out-of-pocket costs and zero taxpayer impact. The project will deliver an estimated energy savings of $1,202, 673, reducing energy costs by 32%.
“We are proud of the impact our innovations in energy performance contracting has had with the Sachem School District.” said Kendra McQuilton, CEO of Energia. “This endeavor will create $14 million in cash flow throughout the life of the project, allowing schools to free up funds for other priorities.”