Defeo Manufacturing

Opportunity

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.

Property Summary

57 Commerce is a 20,397 SF light manufacturing building sitting on 1.4 acres in Brookfield, CT. The property is designed to house light manufacturing with additional room for office space. The building is located within 1/4 mile of Route 7 and one mile of I-84. The Brookfield Commerce Drive Business Park houses other light manufacturing and industrial buildings including Greentree Toyota Service Center, A B Electronics, and Lindcare.

Contractor

Ross Solar was started by the Ross family in Connecticut and has installed over 14 Megawatts of solar in Connecticut, New York, and Massachusetts. Ross Solar has been an Elite SunPower dealer since 2011 and offers highly-efficient solar panels from SunPower as well as other manufacturers. Recently acquired by ConEdison Solutions, Ross Solar now offers the strength and stability and energy expertise that few companies in the solar industry can provide.

Automated building controls increased efficiency

Roof replacement wrapped into 100% financing

64 kW solar array

DECD "Energy on the Line" grant enhanced economics

Year One Savings ($)

Lifetime Savings ($)