Infrastructure improvements at a retirement village in Philadelphia, US will shrink the facility’s carbon footprint, improve operations and achieve nearly $3 million in total savings.
Cathedral Village has completed a $3.2 million renovation project to upgrade its energy infrastructure at its 40-acre campus. The project was spearheaded by New Jersey-based energy management and combined heat and power specialist ENER-G Rudox Inc., in conjunction with clean energy specialists, Blue Sky Power, MCFA Global, and Ray Angelini Inc. to design, engineer, construct, and finance a sustainable makeover of the facility.
Ryan Goodman, President, ENER-G Rudox said, “With these upgrades, including a new CHP system, Cathedral Village can achieve Triple Bottom Line benefits with economic, environmental and operational savings.”
The infrastructure improvements were financed using ENER-G Rudox’s ‘Energy Services Agreement.’ Under this 20-year arrangement, Cathedral Village is responsible for $0 in up-front investment capital, and the infrastructure improvements are expected to save the community more than $145,000 annually through reductions in their utility electric bill.
The clean energy project positions Cathedral Village as the most green and sustainable continuing care retirement community (CCRC) in Philadelphia County. Installation of a 265 kW natural gas ENER-G Rudox Combined Heat and Power (CHP) system will provide more efficient heat and electricity. Improvements also include comprehensive lighting upgrades throughout the facility and the replacement of six rooftop heating and cooling units.
The upgrades are expected to reduce the facility’s carbon footprint by approximately 350 metric tonnes per year.
Blue Sky Power CEO Ben Parvey said, “By utilizing alternative finance structures, such as ENER-G Rudox’s ‘Energy Services Agreement,’ many institutional, commercial and industrial facilities can realize the operational, economic and environmental benefits of energy systems upgrades, without the capital burden typically associated with such endeavors.”
The Cathedral Village project received support from both state and local sources, including a $500,000 grant from Pennsylvania’s Commonwealth Financing Authority, $123,500 from PECO’s Smart-On Site Program and an attractive long-term cogeneration gas service contract with PGW to further save on energy costs.