Defeo Manufacturing: Powering Transmissions with Solar
Defeo Manufacturing is a light manufacturing firm founded in 1984 that manufactures commonly needed replacement parts for significant transmissions brand. The firm manufactures and sells parts like gasket kits, seals, bushings, bearings, solenoids, hard parts, clutches, filters, bushings, sensors, accumulators, shifters, and many more throughout the industry. Today, Defeo parts and transmissions can be found in over 50 countries spanning all 7 continents.
Having purchased the property in 2016, Defeo Manufacturing quickly recognized the efficiency of using commercial PACE (C-PACE) financing to replace a failing roof while tapping the energy savings available through renewable sources, namely solar. This strategy allowed the firm to maintain cash flow by taking advantage of 15 year financing, plus Greenworks Lending and the contractor Ross Solar helped Defeo secure the DECD “Energy on the Line” grant (the first awarded in the State) and a ZREC contract to reduce costs and provide income from the sale of renewable power produced. Ross Solar engineered and placed a 64.7 kW roof mounted solar system projected to produce an output of 80,000 kWh per year.
Year 1 Savings
SUM OF INCOME AND ENERGY SAVINGS (25 years)