Yearly Archives: 2024

Department of Development Advanced Energy Fund Grant: Application Window Now Open

What is Available and How Do I Qualify? This program provides grants from $250,000 to $2,500,000 for eligible projects that reduce energy use and costs. Projects must reduce energy usage by at least 15% and pay back in 15 years (max). What Projects are Covered? Eligible efficiency measures include insulation, LED lighting, energy efficiency lighting

By |2024-11-19T15:26:09+00:00November 19th, 2024|News|0 Comments

Thinking of a Roof Replacement? Consider Solar!

If you’re planning a roof replacement, now may be the perfect time to explore the benefits of solar. Combining a new energy-efficient roof with a solar installation can transform a routine expense into a long-term investment, with the potential for impressive savings, enhanced energy output, and access to valuable incentives. Why Pair a Roof Replacement

By |2024-11-08T13:31:02+00:00November 6th, 2024|Renewable Energy, Solar|Comments Off on Thinking of a Roof Replacement? Consider Solar!

REAP Program Update: What Businesses Need to Know for 2025-2027

The USDA’s Rural Energy for America Program (REAP) is a critical funding source for businesses and farms looking to implement energy efficiency upgrades or onsite renewable energy. Whether you’re interested in solar panels, energy-efficient HVAC systems, or other improvements, REAP grants can make these projects affordable. Here’s what you need to know about the latest

By |2024-10-29T12:58:00+00:00October 29th, 2024|Uncategorized|Comments Off on REAP Program Update: What Businesses Need to Know for 2025-2027

Viridi Achieves 100% Approval in the Rider NMB Program Expansion!

Exciting news! Viridi recently helped six businesses take advantage of a newly expanded energy savings program in Ohio. When the Public Utilities Commission of Ohio extended eligibility for the Rider NMB Pilot Program, we jumped on the opportunity. After reviewing our client base, we identified which businesses would benefit the most and submitted their applications

By |2024-10-04T18:14:59+00:00October 4th, 2024|News|Comments Off on Viridi Achieves 100% Approval in the Rider NMB Program Expansion!

What’s Happening in the Capacity Market?

Capacity is a component of electricity supply (generation) charges that ensures there are enough suppliers of energy to meet the demand on the grid at any given time. Capacity costs can comprise a minimal amount to up to 25% of electricity supply costs. Capacity prices are determined each year by an auction that takes into

By |2024-08-19T21:24:09+00:00August 19th, 2024|News|Comments Off on What’s Happening in the Capacity Market?

Viridi Helps to Secure over $360,000 in REAP Grant Funding for Clients

The U.S. Department of Agriculture (USDA) Rural Energy for America Program (REAP) assists Ohio farmers and rural small businesses by providing financial support for investing in renewable energy systems and making energy efficiency improvements to reduce their operational costs. REAP recipients are eligible for grants covering up to 50% of costs for qualifying projects.   Viridi’s

By |2024-10-22T19:28:52+00:00August 1st, 2024|Uncategorized|Comments Off on Viridi Helps to Secure over $360,000 in REAP Grant Funding for Clients

Property Assessed Clean Energy (PACE) Financing

Viridi can assist businesses in accessing property assessed clean energy (PACE) funds, offering them the opportunity to enjoy project savings, keep debt off their balance sheet, and invest saved capital into non-energy related projects. Property assessed clean energy is a unique tool that balances budget concerns with energy needs. PACE financing allows a property owner

By |2024-07-23T19:16:33+00:00July 23rd, 2024|Uncategorized, News, Renewable Energy|Comments Off on Property Assessed Clean Energy (PACE) Financing

USDA Rural Energy for America Technical Assistance Grant Program

In May, Medina County Economic Development Corporation and Wayne County Economic Development were collectively awarded $100,000 through the USDA’s Rural Energy for America Program (REAP) Technical Assistance Grant (TAG) Program. The intent of the funds is to help businesses complete ASHRAE energy audits and aid in applying for REAP project grants. Viridi, an official partner

By |2024-06-25T15:33:08+00:00June 25th, 2024|News|Comments Off on USDA Rural Energy for America Technical Assistance Grant Program

Fund Your Energy Efficiency Projects with REAP – What You Need to Know

What is REAP and How Do I Qualify? The Rural Energy for America Program (REAP) helps agricultural producers and rural small businesses lower their energy costs by providing grants that cover up to 50% of the costs for efficiency and renewable energy projects. If you want to upgrade outdated equipment and save on bills, REAP

By |2024-05-31T17:03:01+00:00May 31st, 2024|News|Comments Off on Fund Your Energy Efficiency Projects with REAP – What You Need to Know

Lake Road Manufacturer Reduces Energy Costs

A mid-size manufacturer located on Lake Road in Medina contacted Viridi for assistance as they had increasing energy needs and rising utility costs. The process began with an energy audit in early 2023. As part of this audit, a site visit and utility bill analysis were conducted in order to create an energy usage baseline,

By |2024-04-24T14:09:05+00:00April 18th, 2024|News, Case Studies|Comments Off on Lake Road Manufacturer Reduces Energy Costs
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