Larsen Ace Hardware

Location: 220 Albany Turnpike, Canton, CT
Building Size: 20,000 sq ft
Year Built: 1971
Total Project Cost: $153,300
Utility Incentive: Zero-emissions Renewable Energy Credit (ZREC) from CL&P
C-PACE Financing: $153,300
Term: 20 years
Annual Interest Rate: 5.5%
Annual C-Pace Assessment: $12,654
Annual Energy Cost Savings: $17,918
Lifetime Energy Cost Savings: $105,274
Annual Energy Savings: 55,049 kWh

Larsen Ace Hardware is a family-owned retail hardware store located in Canton, CT. The $153,300 C-PACE transaction will be used to install a 45 kW solar photovoltaic array, saving the store an estimated $17,918 each year. CEFIA will provide 100% of the construction and installation costs. The contractor for the project is Energy Systems & Installation-ESI, a Pennsylvania-based commercial and residential energy contractor specializing in photovoltaic systems, energy efficiency retrofits, and electric vehicle recharging stations.